To enhance or reinforce your credit, it’s vital to have a credit card that suits your needs. The Applied Bank® Gold Preferred® Secured Visa® Credit Card is an excellent option for individuals aiming to build or improve their credit.

It comes with a reasonable annual fee and a low fixed interest rate, making it an ideal tool to get your finances on the right track. Read our review to discover how this card can assist you in achieving a healthier financial future.

To use the Gold Preferred® Secured Visa® Credit Card, a security deposit equal to the credit line is required as it is a secured credit card. Applied Bank sets a $200 minimum deposit, but initial spending limit can be up to $1,000. Additional funding can increase the limit to $5,000 over time.

The Applied Bank® Gold Preferred® Secured Visa® Credit Card has a $48 annual fee and a fixed APR of 9.99%. It can be a valuable tool for those with poor or no credit history, as it doesn’t require a credit check and reports all payments to credit bureaus, leading to higher approval rates.

The pros and cons of the Gold Preferred® Secured Visa® Credit Card for credit rebuilding.

Benefits of the Gold Preferred® Secured Visa® Credit Card include no credit checks, low fixed APR, reporting to all major credit bureaus, and a flexible security deposit.

No sign-up bonus or rewards;

Annual fee applies;

Foreign transaction fee charged.

All credit levels are welcome to apply for the Applied Bank® Gold Preferred® Secured Visa® Credit Card as there is no minimum credit score required and no credit checks are performed on new applications.

After familiarizing yourself with the benefits of this card, it’s time to learn how to apply. The application process is quick and easy, with approval decisions made within a minute. Simply follow the link below for more information!