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Are you planning a trip but don’t have enough funds to make it happen? Worry not, as travel credit cards can help you make your dream vacation a reality. However, if your credit score is 650 or below, you might find it difficult to get approved for travel credit cards.
In this article, we will discuss the best travel credit cards for 650 score and how to improve your credit score to increase your chances of approval.
What are Travel Credit Cards?
Travel credit cards are credit cards that offer rewards, perks, and benefits for travel-related expenses. These expenses may include airline tickets, hotel stays, car rentals, and more.
Travel credit cards can help you save money on your travel expenses and earn points or miles that you can redeem for future travel. They also usually offer travel-related perks, such as free checked bags, priority boarding, and travel insurance.
Best Travel Credit Cards for 650 Score
If your credit score is 650 or below, it might be challenging to get approved for some of the best travel credit cards. However, some credit cards are easier to get approved for, even with a lower credit score.
Here are some of the best travel credit cards for 650 score:
| Credit Card | Minimum Credit Score Required | Rewards | Annual Fee |
|---|---|---|---|
| Discover it® Secured Credit Card | Bad credit | 1% cash back on all purchases, 2% at gas stations and restaurants, up to $1,000 in purchases per quarter; Discover matches all cash back earned in your first year | $0 |
| Citi® Secured Mastercard® | Bad credit | None | $0 |
| Capital One® Secured Mastercard® | Bad credit | None | $0 |
| Milestone® Gold Mastercard® | Bad credit | None | $35 – $99, depending on creditworthiness |
Discover it® Secured Credit Card is a popular choice for those with bad credit or a 650 score. It offers cashback rewards and matches all the cashback earned in the first year. Citi® Secured Mastercard® and Capital One® Secured Mastercard® do not offer rewards, but they are suitable for building credit. Milestone® Gold Mastercard® is also an option, but it has a yearly fee depending on your creditworthiness.
How to Improve Your Credit Score
If you want to increase your chances of approval for better travel credit cards, you need to improve your credit score. Here are some tips to help you improve your credit score:
- Make on-time payments: Payment history is the most crucial factor in your credit score. Make sure to pay your bills on time to avoid late payments.
- Reduce credit utilization: Credit utilization is the amount of credit you use compared to your credit limit. Try to keep it below 30% to improve your credit score.
- Check your credit report: Check your credit report regularly to ensure there are no errors or fraudulent activities that can hurt your credit score.
- Don’t apply for new credit often: Applying for new credit frequently can hurt your credit score. Only apply for credit when you need it.
FAQs
Can I get a travel credit card with a 650 credit score?
Yes, some travel credit cards are easier to get approved for, even with a 650 credit score. Choose secured credit cards or starter credit cards to improve your credit score.
What are the benefits of travel credit cards?
Travel credit cards offer rewards, perks, and benefits for travel-related expenses, such as airline tickets, hotel stays, car rentals, and more. These rewards can help you save money on your travel expenses and earn points or miles that you can redeem for future travel.
How can I improve my credit score?
You can improve your credit score by making on-time payments, reducing credit utilization, checking your credit report regularly, and not applying for new credit often.
Conclusion
Travel credit cards can help you make your dream vacation a reality, but it might be challenging to get approved if your credit score is 650 or below. However, some credit cards are easier to get approved for, even with a lower credit score. Choose secured credit cards or starter credit cards to improve your credit score. Remember to make on-time payments, reduce credit utilization, check your credit report regularly, and not apply for new credit often to help you improve your credit score.