Credit Cards (US)

Mission Lane Visa® Credit Card review

If you're looking for a credit card that offers convenience and credit building abilities, the Mission Lane Visa® Credit Card is perfect for you! Check our full review to learn more.

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by Aline Augusto

12/27/2021 | Updated on 01/31/2023

Mission Lane Visa® Credit Card: Build or rebuild your score responsibly!

Check out our full review! Source: The Mister Finance.
Check out our full review! Source: The Mister Finance.

The Mission Lane Visa® Credit Card helps you rebuild your credit score so you can start 2023 with the right foot.

There is no security deposit required, no activation fee, and no over-the-limit fees. Plus, it offers a frequent credit line review, so you can bump up the limit right away.

Also, you don’t have to be alone on this journey. Mission Lane provides you with the right tools and resources so you can work on your credit-building better.

Credit ScoreFair.
Annual Fee$0 – $59
APRRegular APR: 26.99% – 29.99% (variable);
Cash advance APR: 29.99% (variable).
Welcome bonusNone
RewardsNone
Mission Lane Visa® Credit Card

How to apply for a Mission Lane Visa® Credit Card?

Learn how you can apply for the Mission Lane Visa® Credit Card and get started on building or rebuilding your score!

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How does the Mission Lane Visa® Credit Card work?

First of all, it doesn’t require a perfect credit history to apply for it. Actually, this card works as a tool for those with a poor credit score to build a credit history.

Second of all, it frequently reviews your credit line, so if you work hard and pay your bills on time for the first six months, your credit line can be increased right away.

Third of all, there are no hidden fees, and there is no security deposit needed when opening the account.

Finally, you get the Visa® worldwide acceptance and a $0 fraud liability. 

Furthermore, customers say the mobile app is pretty good. Then, you can manage your financial information right in the palm of your hand, 24/7.

Mission Lane Visa® benefits

See what are the benefits of the Mission Lane Visa® credit card. Source: Pexels.
See what are the benefits of the Mission Lane Visa® credit card. Source: Pexels.

Let’s talk about the advantages first. This card is the right tool if you need to build or rebuild your credit score. It accepts as low as 300 credit punctuation for the application.

Plus, it offers free access to your credit score, educational resources for you to build credit better, and it reports to all three major credit bureaus.

Also, it provides you with fraud coverage in case your card is lost or stolen.

Moreover, it doesn’t hide fees.

So, let’s talk about those fees. Even though it charges a reasonable annual fee, the APR is quite high. 

In addition to that, it charges a 3% foreign transaction fee and up to $35 as a late payment fee.

Pros

  • You can check if you qualify instantly without affecting your credit score.
  • Get an automatic review for a higher credit line in as few as 7 months.
  • Free, online credit score access.
  • The application features an instant decision.
  • No interest on purchases when you pay in full and on time each month.
  • No security deposit required.
  • Visa® coverage.
  • Access your account anytime, anywhere with our mobile app.

Cons

  • It charges an annual fee.
  • It charges a foreign transaction fee and a late payment fee.
  • The credit line starts at $300.
  • No rewards program or sign-up bonuses.

How good does your credit score need to be?

This credit card is made for those who have a poor credit score so they can begin their credit-building journey right away!

How to apply for a Mission Lane Visa® Credit Card?

If you want to start 2022 rebuilding your credit score, Mission Lane Visa® credit card might be the tool you need to do it. So, learn how to apply for it by reading our next post!

Mission Lane Visa® Credit Card

How to apply for a Mission Lane Visa® Credit Card?

Learn how you can apply for the Mission Lane Visa® Credit Card and get started on building or rebuilding your score!

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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