It’s not easy to obtain a credit card if you have bad credit or no credit. This is even more so the case if you’re interested in an unsecured (no security deposit required) credit card.
Fortunately, you have plenty of options, with the Applied Bank® Unsecured Classic Visa® Card at the top of the list. Not only is this an unsecured credit card, but it’s backed by Applied Bank and powered by Visa.
Features and Benefits of the Applied Bank® Unsecured Classic Visa® Card
It doesn’t make sense to apply for a credit card until you understand its features and benefits. And that’s definitely true with the Applied Bank® Unsecured Classic Visa® Card, as there are many of these to get you excited.
Here is why this credit card offer has become so popular:
- Get Pre-Qualified in Less Than a Minute
- A $300 Unsecured Credit Line which can be used at Grocery Stores, Gas Stations, Discount Stores, ATM’s and Online!
- A REAL Visa® Credit Card with Automatic Reporting to all Three National Credit Bureaus
- No Penalty Rate. Your Rate Won’t Go Up Even If You are Late
- Access Additional Credit With On-Time Payments and Responsible Usage
- A True Unsecured EMV enabled (chip) Visa Credit card
- Does not require perfect credit for approval
- Fixed APR and Manageable Monthly Payments
1. Fast Approval
It only takes a few minutes to complete an application. From there, a decision is typically made within less than a minute.
So, if everything checks out, you can find yourself opening an account within the next few minutes. That’s much better than many credit cards that take several hours or even days to receive a decision.
2. Credit Reporting
All activity associated with your Applied Bank® Unsecured Classic Visa® Card account is reported to the three major credit bureaus: Equifax, Experian and TransUnion.
With this, all three credit bureaus stay current with activity associated with your account. And as long as you’re being responsible, that’s a good thing. It allows you to use your credit card as a means of boosting your credit score and establishing a credit history.
3. Fixed APR
With a fixed APR, you never have to worry about your interest rate rising in the future. This helps you better budget your money, thus allowing you stay current with payments.
4. No Penalty Rate
You don’t want to get into the habit of missing payments or making late payments, but even if this happens the Applied Bank® Unsecured Classic Visa® Card has you covered.
There is no penalty rate, meaning that your APR will never increase even if you’re late on a payment.
5. 24/7 Online Account Access
This is expected in today’s day and age, and you get everything you could want (plus more) thanks to a robust online system.
Your online account dashboard provides information on everything from your balance to your current interest rate to your due date. Furthermore, you can make payments directly from your dashboard, which is both fast and efficient.
Other features of the Applied Bank® Unsecured Classic Visa® Card include:
- Access to additional credit with responsible use
- No security deposit required
- Email reminders when payments are due
Are There Any Drawbacks?
If you have poor credit or no credit, you’re likely to find that the features of the Applied Bank® Unsecured Classic Visa® Card stack up nicely against the competition.
What do you think about the Applied Bank® Unsecured Classic Visa® Card? Could it be the credit card you’ve been searching for?