Self Visa® Credit Builder card review
In this Self Visa® Credit Builder card review article, we will introduce to you a fantastic tool that will help you build credit. Keep reading to learn all about it!
by Aline Augusto
Self Visa® Credit Builder Card: a fantastic tool for building credit!
In this Self Visa® Credit Builder card review article, we will introduce to you a fantastic tool that will help you build credit.
Self is a company compromised in helping people to build a solid financial future. Through technology, outstanding customer service, and significant financial products, Self delivers a fantastic experience for its clients.
So, whether you have a poor credit score or are struggling to get a credit card due to your lack of credit history, we will introduce the Self Visa® Credit Builder Card to you.
Then, check out this entire article!
|Regular APR||Variable 23.74%|
How does the Self Visa® Credit Builder credit card work?
Firstly, you need to open a Credit Builder Account and follow the criteria below:
- Make three monthly payments on time;
- Have $100 or more in savings progress;
- Have your account in good standing.
Secondly, set your credit limit by choosing how much of your savings progress will be used to secure your newest card. Note that it starts at $100. Also, the limit can be reviewed if you manage to have an account in good standing.
Thirdly, order your credit card. After receiving it, activate and use it. As a Visa credit card, you can purchase with it everywhere Visa is accepted in the U.S.
Finally, track, monitor, and try to pay your bills in full and on-time. That’s how you can start building your credit responsibly since Self reports to all three major credit bureaus.
Self Visa® Credit Builder Card benefits
A Self Credit Builder Card is a tool that helps you build a financial foundation for the future. You don’t need to carry a credit history to apply for the card.
However, you need to open a Self account first.
As a Self cardholder, you get Visa acceptance, fantastic customer service, a great user experience, and more.
Even though it requires a security deposit, it charges fair and reasonable fees so you can work on your credit building.
In addition, Self offers a Refer a Friend Program that allows you to earn money.
- It helps you build credit;
- It doesn’t check credit;
- The credit limit is set by you and can be reviewed;
- It reports to all three major credit bureaus;
- It offers a Refer a Friend Program;
- As a Visa cardholder, you get $0 Fraud Liability and protection.
- You need a Self account to order the card;
- The account charges fees and interest;
- It doesn’t offer rewards.
How good does your credit score need to be?
Since this secured card helps you build credit as its main feature, you don’t need a good credit score to apply for it. But, you have to meet the eligibility criteria described above.
How to apply for Self Visa® Credit Builder?
Do you want to start building a financial foundation for a brighter future? A Self Visa® Credit Builder can be your tool. Check out how to apply for it!
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