Credit Card Review & Application
|Card Category:||Consumer (Secured)|
|Card Type:||- Card for Bad Credit|
- Guaranteed Approval
- Low Interest Credit Card
|Credit Needed:||Bad Credit OK*|
The Applied Bank Secured Visa Gold Credit Card is a great card for people with poor credit rating. The account limit is determined by your deposit (between $200 and $5,000).
The small limit helps to train a person to budget, without overspending that leads to missing payments. It also helps to avoid large purchases that will bring the available credit to zero quickly. This card can be used as either an emergency card or a starter card.
Applied Bank does report to the credit bureaus, so it's an excellent start to being able to make a positive impact on your credit score.
The card does require a deposit. Your deposit determines your credit limit, which can be as low as $200 or as high as $5,000.
It's reported to the credit bureau, so what you do and don't pay will help (or hurt) your credit score. For people who have had financial problems in the past or for college students trying to establish a positive credit, this card will help get you there.
Applying for the card is easy. It requires zero money to apply – there's no application or processing fees, and no down payment or deposit. It's simply a matter of filling out basic information and with a click of a button; you've made the application completely online. The entire process is on a secure site, so there's no worry about the wrong people getting your personal information. The results of your application are virtually instant.
The card is a Visa, so it works wherever Visa is accepted – at millions of locations worldwide. With being able to make purchases virtually anywhere – online or in person, you've got the flexibility that cash doesn't always grant you. Plus, when you need cash, it works at ATMs as well.
The card is a simple solution for needing a credit card without a large spending limit and without having to put a deposit down. It's a quick and easy application process with fast results.
|Other Benefits:||* See terms and Conditions|
|Online Account Access:||Yes|
|100% Guarantee Approval:||Yes|
|APR on Purchases:||9.99% (fixed)*|
|Min Finance Charge:||$0.50|
|Min Credit Line:||$200|
|Max Credit Line:||$5,000|
|Late Payment Fee:||Up to $35*|
|APR Cash Advances:||9.99%|
|Cash Advance Fee:||5.00%|
|Additional Fees||- Account Set-up Fee: None|
- Additional Card Fee: $30.00
- Returned Payment: Up to $35.00
- Dishonored Check Fee: Up to $35.00
|We do not offer online application for this card at the moment.|
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† The information provided for Applied Bank Secured Visa Gold Preferred Credit Card is believed to be accurate at the time of evaluation (Mar 23, 2014). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.