Individuals with a credit score around 500 typically fall into the "poor" or "bad" credit tier, which restricts options to specialized subprime issuers and secured card providers. Financial institutions like Capital One (with products such as the Platinum Secured or Quicksilver Secured), Discover (with the Discover it Secured), OpenSky, and Milestone or Destiny Mastercards issued through institutions like The Bank of Missouri often consider applicants in this score range. Secured cards require a cash security deposit that usually acts as your credit line, mitigating risk for the lender.