Reflex Mastercard, a credit card for people with poor credit is available. After six months, your credit limit will be doubled. To be approved, you will need a checking bank account. You will also have to pay a small annual fee. You can read on to learn about this credit-card for people with poor credit.
Reflex Mastercard, a credit card that is available to people with bad credit, is the Reflex Mastercard
Reflex Mastercard, a credit card for people with bad credit, is available. The card comes with a $200-$1,000 credit limit and a low-interest line of credit. After six monthly payments, the amount is automatically increased. This benefit is not offered by many cards, but it is available with the Reflex Mastercard. Unfortunately, the card is subject to high fees and an additional annual fee.
Bad credit is not a good choice for the Reflex Mastercard. The interest rate is quite high, despite the fact that the card has a low initial credit limit. You will also need to submit a credit history check in order to be eligible. A pre-qualification can be applied for if you are concerned about your credit rating.
It doubles the credit limit in 6 months
Reflex Mastercard credit cards offer a credit limit enhancement after six months of regular payments. This feature will help improve your credit utilization as well as save you money on interest. However, this credit card comes with a $30 annual fee for each authorized user. To avoid a high interest rate, you should always pay off the balance of your card in full each month.
Reflex Mastercard, an unsecured credit card, is not intended for people with good credit. This card is for those with low credit scores and a credit limit less than $1,000. Follow the steps and you can double your credit limit in six months if you have good financial habits. The card will also report your payment history and balance history to all three of the credit bureaus.
It charges an annual fee
Reflex Mastercard has an annual fee of $30. Your credit limit will automatically be increased after six months of timely payments. This is an important feature if you are concerned about your credit utilization. But, late fees may apply if you can't pay your monthly payments on time. These late fees can add up to nearly 30% to your balance. As a result, it's important to pay off your balances in full each month to avoid paying high interest rates.
Reflex Mastercard's application process is simple and fast. Pre-qualification is a free tool that will help you determine your credit eligibility. It will not impact your credit score and takes only a few minutes. Once you're approved, you'll be sent your new card and be notified of your decision. You can also activate the card within seven to 10 business days.
To approve the application, you need a checking bank account
Reflex Mastercard is a credit card from Celtic Bank that comes with a variable interest rate and a small credit line. If you do not have a banking account or have bad credit history, this card can help you build credit. Paying on-time on your balance can help you build your credit score.
Reflex credit cards can be applied online or by phone. To apply, you must provide your Social Security number, date of birth, and employment information. Once you have submitted the application, you should receive a response within two to three working days. Reflex Mastercard includes multiple benefits, including no monthly charge.
It offers $0 fraud liability
Reflex Mastercard offers a variety of benefits, including zero liability for fraudulent transactions. Once you open an account, you can use it in any Mastercard-accepting establishment. After six months of on-time payments, you may be eligible for a higher credit limit. Your score is set based on the total amount of available credit, so a higher credit limit can help you improve your score and decrease the percentage of available credit that you have to use. Reflex Mastercard reports your activity each month to the three largest credit bureaus, which can help you see a rapid improvement in your score.
Reflex Mastercard requires a $30 one-time payment. Experian also gives you a VantageScore3.0 credit score. You'll also receive free e-statements that include your VantageScore3.0 credit score. This wonderful feature will give you peace-of-mind when you use your Reflex Mastercard.