If you’re searching for a credit card to build credit, you may find there are a lot of “bad eggs” out there — credit cards laden with high fees and lots of “gotchas” in the fine print. True to its name, the Best Egg Visa^® Credit Card is not a bad egg, but a good one.

It reports to all three major credit bureaus (Equifax, Experian and TransUnion) and doesn’t charge an annual fee or any ongoing maintenance fees. And, you don’t have to fret about rejection with this card — your credit score will not be impacted if you’re not approved.

• Your credit score will not be impacted if you don’t get approved

  Usually when you apply for a new credit card, a hard inquiry appears on your credit report — which lowers your score by a few points and stays on your credit report for two years (although the negative impact lessens over time).

  The Best Egg Visa^® Credit Card eases the concern of rejection, because you only get a hard inquiry if you’re approved for the card.

• No overlimit fees

  The other major selling point of Best Egg Visa^® Credit Card is it doesn’t burden you with ongoing fees. Many unsecured cards for building credit charge monthly maintenance fees and annual fees that can amount to more than $100 each year — which you’re stuck paying as long as your account is open. With the Best Egg Visa^® Credit Card, you don’t don’t have to pay ongoing fees to keep your account open.

  Also, it doesn’t charge an overlimit fee if you go over your credit limit. Instead, your next purchase will be denied until you pay down your balance.

    Tip: Exceeding your credit limit can negatively impact your credit score. In fact, most experts recommend keeping your balance well below 30% of your credit limit. For example, if you have a credit card limit of $500, you should keep your balance below $150 each month.

Compare it to the Discover it^® Secured Credit Card

If you don’t mind putting down a deposit for a secured credit card, the Discover it^® Secured Credit Card is a good alternative to the Best Egg Visa^® Credit Card. The Discover it^® Secured Credit Card requires a refundable security deposit ranging from $200 to $2,500, which will serve as your line of credit.

Like the Best Egg Visa^® Credit Card, the Discover it^® Secured Credit Card comes with a $0 annual fee and reports to the three major credit bureaus. However, it also offers a cash back on your purchases and a sign-up bonus. And perhaps best of all, no credit score is required to apply.

You’ll find the Discover it^® Secured Credit Card especially rewarding if you spend a lot on restaurants and gas. Cardholders earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically.

After you’ve had the card for seven months, Discover will conduct monthly account reviews to see if you’re eligible to graduate to an unsecured card and get your deposit refunded.

The Best Egg Visa^® Credit Card may be a good fit if you’re interested in establishing or building your credit profile, since it reports your credit usage to the major credit bureaus, doesn’t require a deposit and comes with a $0 annual fee.

But if you’d rather use a secured card to help build credit, the Discover it^® Secured Credit Card may be a better fit. Along with offering a solid cash back rate on every purchase, the card offers a sign-up bonus that matches the cash back you earn at the end of your first year.