Fit Mastercard full review
The FIT Mastercard is a useful tool for building credit as it welcomes individuals with imperfect credit.
Discover the Fit Mastercard: A Credit Card for Building Credit
Established in 2005, Continental Finance Company (“CFC”) is a well-known credit card marketer and servicer in the United States, specializing in serving consumers with less-than-perfect credit histories.
With over 2.6 million managed credit cards since its inception, Continental Finance Company aims to assist customers in building or reestablishing credit with dignity and respect.
Designed for individuals needing to rebuild credit or those who currently have no credit, the FIT Mastercard from Continental Finance Company focuses on helping you restore your credit history and achieve a more financially secure future. The Better Business Bureau rates Continental Finance as A+.
One notable advantage of the FIT Mastercard is that it is relatively easy to obtain, even if you have poor credit. Approval odds are higher compared to other credit cards.
Below, we will provide a detailed overview of the FIT Mastercard’s features. Read on to determine if this credit card option suits your needs.
How the Fit Mastercard Works
Once approved and upon receiving your FIT Mastercard credit card, you can use it at any location where Mastercard is accepted. Your new FIT credit card opens up a world of shopping, dining, and travel opportunities.
The FIT Mastercard has an initial credit limit of $400. However, if you make timely payments for the first six months, you can double your limit to $800.
It is important to note that the FIT Mastercard has an annual percentage rate (APR) of 29.99%. This APR reflects the interest rate you will pay if you carry a balance on your credit card, and it is relatively high. Consequently, it is not advisable to carry a balance on this card.
For international transactions, it is recommended to avoid using your FIT Mastercard, as it charges a 3% commission for each transaction made outside the United States.
Upon obtaining the FIT Mastercard, you will also have access to online banking services that allow you to perform several actions related to your FIT card, including making payments, enrolling for online statements, viewing recent transactions, accessing previous statements, checking payment history, and reviewing your balance and other important credit information.
Benefits of the FIT Mastercard
Credit Protection
The FIT Mastercard offers Mastercard Zero Liability Protection, which ensures that you are not held responsible for unauthorized charges on your credit card. This zero fraud liability policy means you can shop with confidence, knowing that your card activity is fully protected. Whether you are shopping in-store, traveling abroad, or making online purchases, Continental Finance has you covered.
Monthly Reporting to All Three Major Credit Bureaus
Using the FIT credit card can be an effective tool for building credit. Continental Finance approves individuals with less-than-perfect credit, and they report your payments to TransUnion, Experian, and Equifax, the three major credit bureaus.
Free Monthly Credit Score
Upon activating your FIT Mastercard and creating an account, you will receive a free monthly credit score when you enroll in e-statements. Checking your score each month allows you to track the impact of actions like making timely payments on your credit score, which is especially helpful when building or repairing credit.
Knowledgebase
Continental Finance provides a knowledge base of articles on various credit topics, such as credit utilization and building credit. Take advantage of this resource to enhance your financial knowledge.
Are There Any Drawbacks to the FIT Mastercard?
Yes, there are a few drawbacks to consider. The FIT Mastercard has a relatively high APR of 29.99%, which can significantly impact your financial decisions. Additionally, it imposes a 3% fee on international transactions.
Interested in Applying for the Fit Mastercard?
If you currently have less-than-perfect credit, don’t worry. All credit types are welcome to apply for the FIT Mastercard. The required credit score range for this card is 300-640.
If the terms and benefits of the FIT Mastercard piqued your interest, and you want to experience the buying power it offers, click the green button to learn how to apply for your FIT Mastercard.
