It is possible to immediately build back your credit after bankruptcy. And it is definitely possible to get a credit card after a bankruptcy discharge. Many companies directly target bankrupt people to get credit cards from them. They do charge very high interest rates and have lots of fees like annual fees, maintenance fees and very high late payment charges. These companies know that bankrupt people are eager to rebuild their credit and want a credit card again soon after going bankrupt. So, they may be taking advantage of the situation and make money with exorbitant fees and interest rates.