High Fees Unsecured Credit Cards
Sounds pretty good, doesn't it? But don't think you'll be getting something for nothing. The added risk to the card issuer is generally off-set by higher fees and a higher interest rate on the card. You may be charged fees you'll never see on other types of cards, like application fees, account activation fees, monthly account management fees, credit limit increase fees, and other obscure charges.

Benefits of Unsecured Credit Cards
So what makes this type of card attractive to some consumers? Well, first of all, they're easier to get. Because unsecured credit cards cater to people with less-than-perfect credit, they're approval standards are much more relaxed. Also, it may be difficult for some consumers to come up with a large sum to use as a deposit - unsecured credit cards don't require a security deposit. Lastly, they may provide a way to rebuild credit if the account is managed responsibly. Before you apply