How To Get Credit Card

Researching how to get a credit card? Duane here with how to feel credit TV and in this video I'm gonna talk to you about how to get a credit card As a matter of fact 95 to 100 percent of people get approved when they apply the steps that I'm gonna share with you in this video about how to get a credit card

Here's the cool part the information you're about to get is absolutely free and can help you build your FICO score So be sure to watch the entire video Before we get started I have a quick message Once again my name is Duane with how to build credit TV This channel offers 100% free information about how to build credit, how to get cash back actual cash money from using credit cards, as well as credit card reviews

We also talk about everything you need to know about credit Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score If this sounds like something in which you're interested be sure to subscribe to our channel and click the notification bell so you don't miss a thing As a matter of fact subscribing to our channel right now can help us get to 1,000 subscribers faster so that we can monetize this channel which will make it a lot easier to continue to upload videos just like this one So if this is your first time here consider subscribing

Alright now that that's out of the way let's talk about how to get a credit card In the beginning of this video I mentioned that ninety five to a hundred percent of people that use this information that I'm going to share with you were able to get approved for a credit card When it comes to getting a credit card a lot of people may not know that there's something called a secured credit card A secured credit card is just like a regular credit card except you have to deposit between $200 and up to twenty-five hundred or five thousand dollars to secure the credit card That is why it's called a secured credit card in other words you're putting collateral with the bank and they're holding your money and they're giving you credit in return for that deposit

So you're building trust with the bank and in turn you'll be building your credit report, your credit score, your credit history as well Okay so a secured credit card works like this whatever you deposit with the bank will be your actual credit limit So if you start with $200 your credit limit will be $200 If you go up to $2,500 you're credit limit will be $2,500 Now there are a lot of reasons why you'd want to have a higher credit limit or or more spending power, so that you can continue to spend on your credit card

The way I use mine I use mine a lot for every single purchase I never use my debit card so you can continue to spend on your credit card you won't have to pay it off every couple of days I actually pay my credit card off like once, twice a week So it actually doesn't matter because I pay it off so frequently but that's pretty much how secured credit card works You would put down $200 with the bank or a thousand dollars of the bank or $500 with the bank or however much you want to deposit and that would secure a credit card for you with that exact same credit limit as the amount of the deposit that you deposited with the bank When it comes to getting a secured credit card there are a lot of options out there as far as banks you can get a secured credit card with Wells Fargo, you can get a secured credit card with Discover Card, you can get a secured credit card with Bank of America, you can get a secured credit card with Citibank, and get a secured credit card with the US bank

There's a lot of banks that actually offer secured credit cards Some of the banks that I just listed right now are actually some of the top banks there are a lot of small a lot more smaller banks that offer a secured credit card There even banks that have a secured credit card with a fixed APR which i think is pretty incredible because you have banks like Wells Fargo that's charging you you know a minimum of 24 percent APR for a secured credit card And there's a there's a secured credit card that I know about that's actually nine point nine nine point nine percent fixed APR and that's pretty impressive for any credit card much less a secured credit card So there are a lot of secured credit cards that you can choose from when it comes to getting a credit card

So this video is all about how to get a credit card and if you apply what I'm sharing with you in this video you will absolutely be able to get a credit card In addition to providing a way for you to get a credit card, secured credit cards can actually help you build your FICO score if used responsibly and build good credit history As a matter of fact I have two secured credit cards at the moment I have a secured credit card with Citibank and I have a discover it secured credit card I actually make videos talking more about these different secured credit cards; with the discover it secured card I'm actually able to earn a little over four hundred dollars in cash back right now

I'll be sure to link at the end of this video I'll have a video that's linked at the end of this video where you can watch and learn more about the discover it secure card as well as the four hundred dollars of cash back that I've been able to earn in a little over nine months Okay so be sure to check that video out at the end of this video Once again like I said in the beginning of this video 95 to 100 percent of people that actually use the steps that I suggested earlier on in this video actually get approved for a credit card So when it comes to getting a actual credit card secured credit cards can help you do just that and not only do that but it can help you build your FICO score and establish credit as well as build a good credit history If you'd like to learn more about secured credit cards or anything that you need to know about credit be sure to have a look at our channel

Our channel talks about everything you need to know about credit, whether you're looking to establish credit, build credit, rebuild credit or learn more about the score and how it is comprised so you can increase your credit score Please feel free if this sounds interesting to you to subscribe to our channel and help us get to 1000 subscribers faster so that we can monetize this channel and make it a lot easier to continue to upload videos just like this one Like always thank you so much for watching this video Until next time take care and be blessed Peace!