Digital News Report – Credit cards have become more difficult to acquire, especially if the applicant has a bad credit history. While banks have become more selective over the last three years, but there is a solution.
The Applied Bank® Visa® Gold Credit Card can be used to improve a credit score while giving the flexibility and convenience of a credit card. There is no deposit required for this card.
This Visa card is designed for customers with poor and even bad credit scores. The card can still be used to rent a car, reserve a hotel room and make online purchases.
There is no application or processing fee associated with the Applied Bank card.
Unlike other non-secured credit cards for bad credit customers, this one has a relatively low interest rate of 29.99%. Some cards may have ongoing interest rates of nearly 60%.
The card can help improve the cardholder’s credit score. The bank automatically reports monthly payments to the Credit Bureaus. This means the customer’s credit score could improve with on-time payments.
By Tina Brown