Credit Cards (US)

Applied Bank® Secured Visa® Gold Preferred® Credit Card full review

With the Applied Bank® Secured Visa® Gold Preferred® Credit Card, you won’t need to have a credit check and won’t need to worry about high APR. Learn more about it here!

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by Aline Augusto

Published on 11/15/2021

No credit check with Applied Bank® Secured Visa® Gold Preferred® credit card 

Check out the full review. Source: Applied Bank®.
Check out the full review. Source: Applied Bank®.

Hello dear reader! Are you tired of being denied when applying for a credit card due to your poor credit score? Don’t need to worry anymore, because today we present you the Applied Bank® Secured Visa® Gold Preferred® credit card.

Also, it offers a fixed APR, so you can relax about rates changes.

Furthermore, you can increase your credit limit by depositing money up to $5,000.

Keep reading to learn all about this secured Visa® card!

Credit ScoreNone
Annual Fee$48
Regular APRFixed 9.99%
Welcome bonusNone
RewardsNone

How to apply Applied Bank® Secured Visa®

With a low fixed APR, the Applied Bank® Secured Visa® Gold Preferred® credit card might be perfect for you. So, check out how to apply for it!

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All you need to know about the Applied Bank® Secured Visa® Gold Preferred® credit card 

This card is a secured credit card that doesn’t check credit scores. If you are looking for a card that helps you build your credit score, you should take a look at this Visa®.

One of the best features of it is the low and fixed APR: 9.99%. 

Also, this credit card reports to all major Credit Bureaus, so you can work on your credit-building while using it.

However, it requires a $200 minimum deposit. 

Plus, it doesn’t offer any sign-up bonus or intro APR, either. And there is a $48 annual fee with no rewards program whatsoever. 

Applied Bank® Secured Visa® Gold Preferred® card benefits and more

Credit limit can be increased. Source: Wundelman/Freeimages.
Credit limit can be increased. Source: Wundelman/Freeimages.

The good thing about this card is the low fixed APR, which you won’t find easily on the market. Also, like a secured credit card, it doesn’t require a credit check.

Then, with a minimum amount of $200 as a security deposit, you can start using it. And after that, you can increase the credit limit up to $5,000.

On the other hand, it misses some rewards like an Intro APR, a welcome bonus, and a cashback.

In addition, it charges an annual fee and a foreign transaction fee.

Pros

  • It doesn’t require credit score
  • Low fixed APR
  • Credit limit can be increased

Cons

  • Annual fee
  • No Intro APR 
  • No welcome bonus
  • Also, no rewards
  • 3% foreign transaction fee

Credit score required

If you are looking for a credit card that helps you rebuild or build your credit score, the Applied Bank® Secured Visa® Gold Preferred® might be the one for you.

Learn how to apply for an Applied Bank® Secured Visa® Gold Preferred® credit card

Although this Visa® credit card doesn’t offer you rewards, it provides you with a low fixed APR. Learn how to apply for one!

How to apply Applied Bank® Secured Visa®

With a low fixed APR, the Applied Bank® Secured Visa® Gold Preferred® credit card might be perfect for you. So, check out how to apply for it!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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