Good or Excellent Credit Required: We recommend a score of 700+ if you want reasonable odds of approval.
Summary: Worst Credit Cards of 2021
| Credit Card | Worst For: | Year on Worst List |
|---|---|---|
| TrustCo Bank Hometown Visa Signature® Real Rewards Card | Balance Transfers | 1st |
| Goodyear Credit Card | Store Card | 4th |
| Educational Employees Credit Union Student Credit Card | Student Spending | 4th |
| CorTrust Bank Visa Business Credit Card | Small Business | 7th |
Personal card programs are intended for consumer use. Business cards are intended to be used by a registered small business to pay business expenses. ... Both personal and business cards can be used to pay both personal and business expenses. Business and personal cards sometimes offer the same rewards program.
Best Business Credit Cards
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
What Is the Easiest Unsecured Credit Card to Get Approved For?
The current highest credit card interest rate is 36%. That's on the new First PREMIER® Bank Credit Card. The next highest credit card interest rate seems to be 34.99%, charged by the Total VISA® Credit Card and the First Access VISA® Credit Card.
Visa, Mastercard, American Express and Discover are the four major credit card networks. To put it simply, card networks are important because you can only use your credit card at merchants that belong to its network.
In a Nutshell
Predatory lending practices usually involve unfair and deceptive tactics that mislead borrowers about the true nature of a loan obligation. Unscrupulous lenders may charge excessive fees and fail to consider whether a borrower can afford to repay the loan.
There are several easy approval business credit cards. That's because the easiest business credit cards to get only require fair or bad credit. They include Capital One Spark Classic for Business, the Staples Business Credit Card, and the Wells Fargo Business Secured Credit Card.
Since many — but not all — business cards report only to the business credit bureaus, any spend you put on your business credit card will have no impact on your personal credit. ... Indeed, many of the consumer protections included in the Credit Card Act of 2009 don't apply to business credit cards.
You should have 1 to 3 business credit cards if you own or operate a small business, depending on how many cards you can keep track of without missing due dates or spending more than you can afford to repay. Opening more than 3 business credit card accounts may just make it harder to keep track of a company's finances.
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