Applied Bank® Secured full review
Discover the perfect card for individuals commencing or recommencing their financial journey. No credit history evaluation required! Learn further about its advantages right here.
Applied Bank ® Secured Visa® Gold Preferred ® Credit Card: A Fresh Start to Your Financial Journey
Are you seeking a fresh start to your financial journey or looking to restart your economic life? The Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card is designed to encourage individuals like you to build a positive credit history.
Continue reading to discover the benefits offered by this card and learn how to acquire it!
One of the standout features of the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card is that it accepts new applicants without checking their credit history.
You get to define your credit limit by making a minimum security deposit of $200, allowing you to take control of your financial restart.
Transparent and Reasonable Fees
In addition to its accessibility without credit history checks, the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card offers reasonable fees, sparing you from exorbitant charges.
With an annual fee of $48 and a fixed interest rate of 9.99%, you gain access to a full-service credit card that puts your money to good use.
For transactions made at foreign establishments, the card charges a standard 3% fee per transaction in US dollars, similar to many credit cards in the same segment.
If you require a cash advance, the fee is either $5 USD or 5% of the advance amount, depending on which is greater.
The late payment fee and refundable payment fee are both up to $38 USD.
Considering its reasonable annual fee and the fact that it reports to the three major US credit bureaus, the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card is an attractive option.
About Applied Bank
Applied Bank has been providing consumer and retail banking services since 1996.
The bank is actively involved in community-oriented activities and initiatives, such as the Delaware Financial Literacy Program, reflecting its commitment to financial education and empowerment.
In line with its mission, Applied Bank has launched the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card, granting individuals the opportunity to take charge of their finances in the United States.
How Does the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card Work?
To obtain the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card, you will need to make a refundable security deposit ranging from $200 to $1000, which will also serve as your credit limit.
Once your application is approved, you can increase your credit limit up to $5,000 by making additional deposits at any time.
You can use the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card at any business of your choice.
To gain a better understanding of why this card is suitable for you, continue reading the article.
Benefits of the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card
As mentioned earlier, this card is ideal for individuals seeking a financial fresh start or starting their financial journey.
Its main benefit is that it does not require a positive credit history or an existing credit history.
In addition, the card reports your account activity to the three main credit agencies in the United States, helping you establish and improve your creditworthiness.
The Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card also offers lower fees compared to other cards in the same category, making it more accessible for individuals with limited income.
How to Apply for the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card
If you are interested in applying for the Applied Bank ® Secured Visa ® Gold Preferred ® Credit Card and learning about its additional benefits, access the article through the button below without delay!
