By: Joe Ducey
Bad credit means less choices when it comes to credit cards, but there are cards available to rebuild your credit.
Most experts will tell you that secured credit cards are the best way to re-build a good credit reputation.
They act like debit cards; you put money in an account and credit card purchases are taken from it.
First Premier Bank and Aventium Classic offer secured cards.
They ask for a $95 security deposit, which gets you $300 in credit.
There is no interest if you pay it back each month, and you get the $95 back if you close your account with a zero balance.
You may also qualify for more of a typical credit card.
Here's what some say are the best deals around for bad credit:
The Orchard Bank Classic Mastercard's annual fee runs from zero to $59 a year.
The rate is 7.9 to 19 percent and they report to the credit bureau every month.
Also, CNN Money says the Capital One Cash Rewards Card for Newcomers is good for anybody.
The rate is high at 24.9 percent, but there is no annual fee and you get one to two percent back on purchases.