Surge Platinum Mastercard full review
The Surge Secured Mastercard offers an initial credit limit ranging from $300 to $1,000 to assist you in rebuilding or enhancing your credit score.
Surge Platinum Mastercard: Everything You Need to Know
Founded in 2005, Continental Finance Company (“CFC”) is a prominent marketer and servicer of credit cards in the United States, specializing in catering to individuals with less-than-perfect credit. With over 2.6 million credit cards managed, Continental Finance aims to provide credit cards that help customers build or establish credit with dignity and respect.
If you have poor credit, the Surge Platinum Mastercard could be an option for you. This secured credit card offers relatively good approval odds, making it easier for individuals with less-than-ideal credit to become cardholders.
How Does the Surge Platinum Mastercard Work?
Once your application for the Surge Platinum Mastercard is approved, you will receive an initial credit limit ranging from $300 to $1,000. The primary goal of this credit card is to improve or rebuild your credit. By making timely payments and keeping your balance under the credit limit, you can work towards boosting your credit score.
A standout feature of the Surge Platinum Mastercard is the opportunity to double your initial credit limit. After making the first six monthly minimum payments on time, your credit limit will automatically double, marking a significant milestone in credit card benefits.
Benefits of the Surge Platinum Mastercard
The Surge Platinum Mastercard offers several impressive benefits to cardholders:
1. Mastercard Zero Liability Protection
With Mastercard Zero Liability Protection, you won’t be accountable for unauthorized charges on your Surge credit card. This protection ensures that you can shop with confidence, knowing that any fraudulent activity will not financially impact you.
2. Monthly Reporting to All Three Major Credit Bureaus
Continental Finance reports your payments to the three major credit bureaus—TransUnion, Experian, and Equifax. This reporting feature makes the Surge Platinum Mastercard an effective tool for building or repairing credit, as it allows you to demonstrate your responsible credit behavior to creditors.
3. Free Monthly Credit Score
Once you activate your Surge Mastercard and create an account, you can enjoy a free monthly credit score. This feature is especially beneficial for individuals who are new to building credit or seeking to repair their credit. Monitoring your credit score monthly helps you track the impact of actions like timely payments on your creditworthiness.
4. Knowledgebase
Continental Finance offers a Knowledgebase, which provides a wealth of articles on various credit topics. Whether you want to learn about credit utilization or how to build credit, the Knowledgebase serves as a valuable resource for financial education.
Drawbacks of the Surge Platinum Mastercard
One drawback of the Surge Platinum Mastercard that should be mentioned is its annual fee, which ranges from $75 to $99. However, considering the benefits and opportunity to build credit, the annual fee may be worth it for individuals looking to improve their financial standing.
How to Apply for the Surge Platinum Mastercard
The Surge Platinum Mastercard is an ideal option for individuals with poor credit who may struggle to gain approval for a traditional credit card. To initiate the application process and learn more, simply click the green button below. This is an excellent opportunity to double your initial credit limit while taking steps towards improving your credit score.
