Get a $300 Credit Card Limit With Bad Credit and No Deposit

If you have bad credit and want a $300 credit card limit without making a deposit, an unsecured credit card may provide the credit you need without requiring a security deposit. The FIT Platinum Mastercard is one option to consider. Its terms provide an example of a $400 credit limit with $301 initially available after the first-year annual fee is assessed. That gives you more than $300 in initial available credit without requiring a $300 security deposit.

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Credit Card for a $300 Credit Limit With Bad Credit and No Deposit

The card below is an unsecured credit card, which means you do not have to provide a security deposit to establish the account. If approved for the credit limit described in the card's terms, the initial available credit can be more than the $300 you are looking for.

FIT^™ Platinum Mastercard^®

• $400 Initial Credit Limit
• Less than perfect credit? We understand. The FIT Mastercard is ideal for people looking to rebuild their credit.
• Unsecured credit card requires No Security Deposit
• Perfect card for everyday purchases and unexpected expenses
• Monthly reporting to the three major credit bureaus
• Use your card everywhere Mastercard is accepted at millions of locations
• Enjoy peace of mind with Mastercard Zero Liability Protection for unauthorized purchases (subject to Mastercard guidelines)
• If approved, you must pay a $95 fee to open your account. Please see the terms and conditions for when you apply.
• CLICK HERE TO APPLY ONLINE

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• Processing
  Fee
• $95 (one-time fee)

• Credit
  Limit
• $400 unsecured (with upfront processing fee)

• Regular
  APR
• 35.90% Fixed

• Annual
  Fee
• See terms

• Credit Recommended
• Fair/Poor/Bad

How Can You Get $300 of Available Credit Without a Deposit?

The key is to look for an unsecured card with a starting credit limit high enough to leave at least $300 available after applicable fees. The card does not necessarily have to advertise a $300 starting credit limit.

For example, the FIT Platinum Mastercard terms provide a $400 credit limit example with $301 initially available. Our explanation of how a $400 credit limit can leave $301 available shows how that calculation works.

Can You Get a $300 Credit Card With Bad Credit?

Yes, depending on the card and your application. Bad credit does not automatically mean you need a secured credit card or a $300 security deposit. An unsecured card may provide a $300-or-more credit line without requiring a deposit.

Approval, credit limits, fees, and other account terms are determined by the issuer and can depend on the information in your application.

If you want to understand both secured and unsecured ways to get a $300 credit limit with bad credit, see our how to get a $300 credit limit with bad credit.

What If You Want a $300 Credit Card Without a Security Deposit?

If avoiding a security deposit is important to you, focus on unsecured credit cards. Unlike secured cards, an unsecured card does not require you to put money aside as collateral for the credit line.

If you want to see the specific card option discussed here and read the FIT review, see the $300 credit card option with bad credit and no deposit.