Getting yourself an easy approved credit card may seem like a great idea but sometimes these easy money credit cards come with a few drawbacks.  Here is what you need to know about the types of easy credit cards that are available to you as well as how to make sure you get approved.

Student Credit Cards

If you are a student then you are a prime target for companies looking to give out credit cards.  Some companies actually “prey” on students.  They know you are in need of easy money and they are more than happy to supply you with a card for your every need.

But while these credit cards are usually have very high approval rates, they usually also carry have a higher APR and annual fees.  If you are a student looking to get yourself a credit card, read the fine print and weigh all of your other options before you sign a contract.

Gas & Department Store Credit Cards

These cards also have higher than normal approval rates and usually have fewer approval requirements.  As long as you can show a source of income and have decent credit, then you can probably get yourself an easy department store credit card or a gas card on the first try.

The disadvantages to this are the restriction of where you can use your card.  For instance, if you apply and are approved for a Home Depot card, then you can only use your card while shopping at Home Depot.  If you do a great deal of shopping there, then this may be a good choice.

Carefully weigh the benefits and drawbacks of a department or gas credit card.  While they may be easy to get, your efforts may be better spent trying to get approved for a card you can use everywhere.

Secured Credit Cards

This is yet another option for those looking to get a credit card easily.  If you have less than stellar credit but have a healthy income, then a secured credit card is a viable option.

A secured credit card simply means that you are willing to make a deposit to the bank against the credit limit of the card.  For example, if you have $500 cash, you can give that to the bank as a secure deposit that the bank can use should you default on your monthly payment.  In exchange, the bank will give you a card with a $500 credit limit.

If you are a responsible card owner and make your payments on a regular basis, the bank may choose to return the deposit once you prove yourself to be reliable.

All of these options are good choices for those looking to get themselves an easy approved credit card.  Just be sure to read all of the conditions before you lock yourself into a contract you can’t get out of.

If you have ever considered purchasing a gift credit card, chances are you have a few questions. To help you out, we have noted some of the most common FAQ’s that people have when buying these types of cards.

Where can I buy a gift credit card?

These cards are purchased one of three ways. You can buy them in person at one of the millions of locations that carry them including financial institutions, variety stores and department stores. You can also purchase them at several online retailers like Amazon.com. Or you can purchase them directly from card issuers like Visa, Mastercard and American Express through their online store.

How do I use my gift credit card?

These types of cards are used in the same fashion as a regular debit card. You simply use your card to pay for your purchase by swiping it at the cash terminal. Be sure you know your card balance so you don’t get caught short.

Can I use my card anywhere?

You can use your prepaid card anywhere that major credit cards are accepted. This includes in-person retail stores as well as online shopping and virtual malls.

Does my card expire?

Yes. Each gift card has an expiry date. You can continue to use your card until the funds are depleted or you reach the expiry date on your card. If the card expires and you have not used all of the available funds, contact your card issuer about how to access the remaining balance.

Can I return something that I bought with my prepaid card?

Yes. But be prepared to show the retailer the card you made the purchase with. For this reason, it is a good idea to keep cards that have expired. In most cases, the amount refunded will be put back onto your card.


What if I lose my gift credit card?

Not to worry. Most card issuers have a liability policy in place that will prevent you from being responsible for purchases made on a lost or stolen card.

Prepaid cards are a great alternative to a regular credit card. They are easier to be get, handy to have and are a fantastic gift idea for students.