Mercury Credit Card Review – Mercury MasterCard

You can use the Mercury Credit card to pay for everyday credit purchases.

Mercury Credit Card Review – Mercury MasterCard Pros & Cons

The Mercury credit card comes from the First Bank & Trust. It’s a relatively unknown card, but it’s an option for people looking for a no-frills credit card. We’re going to go over the Mercury credit card with pros and cons. Our goal is for you to decide if this is a viable option for you or not. To do that, you need the good and the bad plus anything that makes this card stand out. So read on to find out more about the Mercury MasterCard.

Mercury Credit Card – Pros

1. Mercury MasterCard App

One of the biggest benefits of the Mercury MasterCard is the app. You get easy access with FaceID and fingerprint scans with eligible devices. This helps to keep it secure from anyone but you. The app allows you to check your account balance, rewards, transactions, FICO score, notifications, and communication preferences. You can update your information and manage bank accounts while paying your bill. Finally, you get one-touch dialing for customer service.

2. Free FICO Score

Before you can build your credit score, you have to know what it is. The Mercury credit card gives you completely free access to it. You can check it for accuracy with your app. Additionally, it allows you to see what makes your credit score fluctuate easily. You can take all of this information and use it to build a strong credit score.

3. No Annual Fee

Unlike some credit cards, the Mercury credit card has no annual fee. You won’t have to pay for having the card. This way, you can use it as much or as little as you like without a problem. Having no annual fee is good for someone who doesn’t plan to use their credit card a lot. So you don’t have to worry about spending enough to offset this fee.

4. MasterCard Worldwide Acceptance

MasterCard is one of the most widely accepted credit cards available. You can use it worldwide at over 40 million different places. This is great news for people who don’t want to carry multiple cards because they’re afraid a vendor won’t accept it. Carry one card, use it anywhere, and build your credit at the same time.

5. $0 Fraud Liability

The Mercury MasterCard protects cardholders if they lose their card or someone steals it. You’ll get $0 fraud liability. This means that the lender won’t hold you accountable for any fraudulent purchases. As long as you report your card lost or stolen, they’ll fix it. The lender will close your card, wipe out any fraudulent balances, and issue you a new one.

Mercury Credit Card – Cons

1. 3% Foreign Transaction Fee

Unfortunately, the Mercury credit card comes with a 3% foreign transaction fee. So if you run your card through any non-US bank, you’ll pay this fee. It happens every time you use your card with a non-US bank. If you travel, you can easily pay hundreds extra simply for using your card. It also adds it for online purchases through non-US banks or ATM withdrawals.

2. High Interest

For being a simple card, you’ll pay a higher interest rate. If you don’t plan to carry a balance from month to month, this won’t be a big deal. However, it’ll add up if you do. The interest rate is 26.40%, and it can vary based on the Prime Rate. Also, people with lower credit will pay more in interest fees.

3. High Balance Transfer Free

If you’re getting a credit card to do balance transfers, this isn’t the card for you. You’ll pay either $5 or 4% of the transfer amount each time you do a balance transfer. The lender will charge you whichever amount is greater. Also, you’ll start paying the 26.40% interest straight away. There is no grace period.

Applying for the Mercury Credit Card - About the Mercury MasterCard application

Miscellaneous Information About the Mercury Credit Card

When you apply for this credit card, it impacts your credit. It can either positively or negatively impact it. To make it more complicated, there are many things that factor into the impact. The lender isn’t clear on what the factors are either.

The lender will send you a pre-approval notice for the Mercury credit card. It comes with a reservation code, and this is how you start the application. You have to go to the website and input the code to start the application. You’ll fill in and review your name, address, and important account information. Once you submit, you’ll get an instant approval or denial.

One unique point is that you can only apply for the Mercury credit card if you get a pre-approval letter. So if you don’t have the reservation code, you can’t access the application. The lender won’t accept it otherwise.

Credit Card Review & Application Alternatives – Fair Credit Score or Better + Rewards

Deserve® Pro Mastercard

Petal Visa® Credit Card

Mercury MasterCard Bottom Line

The Mercury credit card is a unique option to look into. However, you can’t apply without a reservation code. This cuts out many potential applicants. The app itself is a large selling point that can be beneficial. All in all, it’s worth a look if you do get a pre-approval notice.

Credit Fast has reviewed the best card offers on the market. Some of the credit card offers are from our advertising partners. So Credit Fast has objectively reviewed the features and benefits of each business credit card application.

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Petal Credit Card Review – Petal Visa Card Pros & Cons

Petal Credit Card Review and Petal Card Application

Petal Credit Card Review of the Petal Cash Back Visa Card

Building your credit can be difficult, especially if you want to get a credit card to help. Denials can drop your credit score, but the Petal card is different. The application process is straightforward, and it comes designed to build credit. We’re going to outline the pros and cons of the Petal credit card below. This way, you can see if the Petal Visa card is a good fit for your situation or not.

Petal Credit Card – Petal Card Pros

1. Apply With No Credit History – Petal Card Application

One of the biggest benefits of the Petal card application is that it doesn’t require a credit history. You do have to be a citizen of the United States with a social security number. However, they weigh more than your credit scores with the Petal card application. The Petal credit application uses an algorithm that analyzes your savings, income, and spending to give you the best approval odds possible.

Learn How to Apply Using the Petal Card Application:  CreditSoup Limited/No Credit

2. No Fees

Another huge bonus that puts the Petal credit card in a league of its own is the fact that it has no fees. This means on whatsoever. You’ll never pay an annual fee with this card. Since it’s a rewards card, this is very rare. There’s no foreign transaction fee so that you can travel with it. There is also no late payment fee associated with the Petal credit card. It’s a great way to build credit and save the most money possible.

3. Money Management Tool

A big part of building your credit is learning how to manage your money properly. With the Petal Visa card, you get all of the tools you need. Their exclusive money management tool is a free service to all Petal cardholders. So you can track and analyze where your money goes each month. In turn, this can help you manage your spending and save money.

4. Earn Cashback Rewards Using the Petal Cash Back Visa Card

Unlike some cards, the Petal cash back Visa card offers a unique system. You’ll get cash rewards for every purchase you make using the card. From your first purchase with the Petal cash back Visa card, you’ll earn 1%. However, if you make 12 on-time payments, your rate goes up. Petal will bump your cashback rewards to 1.5% on each purchase you make. If you use the card a decent amount, you can earn quite a few cashback rewards.

5. Variety of Credit Limits

The algorithm will choose your creditworthiness. However, there are several different credit limits it can assign you. What’s even better, the lowest one is $500, and the credit limits go up to $10,000. Additionally, you have chances to get a higher credit limit with responsible card use. Once you make between 6 to 12 payments on time, Petal will automatically review your account for an upgrade.

6. Excellent Travel Card

Since there is no foreign transaction fee associated with this card, its’ great for travel. The Petal credit card can save you between 1% and 3% per transaction when you travel. This is huge news for people who routinely use non-United States banks. You’re able to use your card around the world without worrying about excess fees.

7. Broad Acceptance With the Petal Visa Card

This card is a Visa, and this means that you get a broad acceptance rate. Since Visa is one of the largest credit card brands in the world, you shouldn’t have problems finding a vendor. Additionally, this wide acceptance removes the need to carry multiple cards. You can carry one or two cards with knowing that you’ll be able to have vendors accept them.

8. Roadside Assistance

If you lock yourself out of your car, break down, or need a tow, the Petal card can help. You’ll get comprehensive roadside assistance right when you need it. You do pay for every use of it. However, it’s nice to know that you’ll be able to quickly and easily source the help you need. This is especially useful for travel when you may not know the best locksmith or tow companies available.

9. Waiver for Auto Rental Collision Damage

Part of the cost of renting a vehicle comes from opting in for rental insurance. You have to have coverage in the event of an accident. If you don’t, you’ll have to pay out of pocket. So you can keep your costs down by using the Petal credit card waiver. This waiver covers vehicle damage and theft when you rent one.

10. Petal Visa Card Mobile App

The Petal mobile app allows you to keep a close eye on your account while building your credit. You can connect all of your bank accounts in the encrypted app. This allows you to monitor your spending from a dedicated account. You’ll be able to watch exactly where your money goes each month. You’ll also be able to catch any fraud or issues early.

Petal Credit Card – Petal Card Cons

1. Higher APR

At the end of the day, this is still a rewards card. On top of that, this is for rebuilding credit with lower credit scores. When you add these things together, the higher APR makes sense. You’ll get a variable APR that ranges between 15.24% and 26.24%. If you routinely carry a balance, this can add up quickly.

2. Very Basic Rewards With the Petal Cash Back Visa Card

Yes, the Petal credit card does come with some rewards. But the rewards you get are really very basic. There aren’t extra incentives with the rewards categories. You don’t get rotating categories. Additionally, it takes you a year to get to 1.5% for cashback. This means that if you spent $1,000, you’d only earn $15. That’s a lot of work for very little reward.

3. Can’t Change the Due Date Withe the Petal Credit Card

Petal’s due date is firm. You can’t change when you have to make your minimum payment by once you get the card. So this means you have to shuffle some of your finances around to make your payment. If your payment falls on a holiday or weekend, give it extra days to process. This makes it easy to make mistakes and end up with late payments.

4. No Cash Advances With the Petal Visa Card

A cash advance is a short-term loan you can get from an ATM with some credit cards. However, the Petal credit card doesn’t allow them. This means you’ll have to go through alternative routes to get the money you need. While this isn’t necessarily a deal-breaker, it is something to consider. If you have a fair credit score you can compare the Blaze MasterCard to the Petal Visa.

Petal Card Application Information

Petal Cash Back Visa Card Bottom Line

The Petal Visa card is a solid choice for rebuilding your credit. Since the Petal card application offers a pre-approval screening, you can see if you qualify without hurting your credit. As long as you use it responsibly, you can build your credit. If you’re in the market for a simple card with flat-rate rewards, we encourage you to check out the Petal Visa.

Interested in learning more about the Petal Card Application?: CreditSoup Limited/No Credit

Credit Fast has reviewed the best card offers for no credit or limited credit history on the market. Some of the credit card offers are from our advertising partners. So Credit Fast has objectively reviewed the features and benefits of each business credit card application. Finally, we have ranked the offers below in the order of our editor’s recommendations.

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10 Easiest Store Credit Cards to Get

Looking for the easiest store credit cards to get?

The 10 Easiest Store Credit Cards to Get for Bad and Fair Credit

This article will outline the 10 easiest store credit cards to get. You’ll get instant approval store credit cards with some of our picks. But, they’re not guaranteed. Most of our picks fall into the category of the best store credit cards to build credit. They’re perfect for people with bad to fair credit scores. So if your credit score makes the cutoff, the best department store credit cards will upgrade you. For example, you could get the Best Buy store card or the Best Buy Visa.

You apply with a single application, and the lender will look at your credit history. They’ll either deny or approve it and give you instant online store credit. Some allow you to pre-qualify without a hard credit inquiry like the Kohl’s charge card. We’ll give you a short summary of the cards below.

1. Walmart Store Credit Card and Walmart MasterCard

Arguably one of the easiest store credit cards to get is the Walmart credit card. It comes in two versions. You can either get the Walmart credit card or the Walmart MasterCard. You’ll gain access to the 3-2-1 Save program with this card. It comes with decent rewards in specific categories. You get special financing offers for those big-ticket purchase. As long as you pay your balance off within the set amount of time, you won’t pay interest. It’s a solid option if you do a lot of shopping at Walmart as a whole. Additionally, it has a relatively straightforward application process.

Walmart Credit Card Review

2. Target REDcard

The Target REDcard comes with a host of benefits that include being one of the instant approval store credit cards. You’ll get access to a host of perks that non-cardholders don’t get. For example, Target will send you warnings about sales and special discounts. Cardholders get a 5% discount in-store or online, free shipping, and no annual fees. If you fill prescriptions, you’ll get an addition 5% off for every two you fill to use when you shop. You can use it in tandem with the Cartwheel app, and it offers an extended return period. Finally, cardholders get access to premium member-only events and promotions.

Target REDcard Review + YouTube Review

3. Comenity Wayfair Credit Card

Do you routinely shop at Wayfair? If so, you could benefit from the Comenity Wayfair credit card. It offers cash back each time you use it at a rate of 3% at Wayfair and a few other retailers. So if you spend $250 in the first three months, you get a $40 bonus. Every order you make comes with free shipping and special financing. You do have to choose between cash back or special financing. It builds your credit and has no annual fee. This is also one of the easiest store credit cards to get without a hard inquiry. Finally, cardholders get optional furniture assembly on every online order.

Comenity Wayfair Credit Card Review + YouTube Review

4. Fingerhut Credit Account

Fingerhut has been around for years, and they offer a huge range of products. It has a very straightforward application process with a 60-second approval time. So you get instant online store credit with your approval. If you don’t make it, they offer you the Fingerhut FreshStart Loan program. Also, the flexibility of this program is a huge draw. You make monthly installment payments at affordable rates. There is also no deposit to worry about. You don’t even have to use it to help build your credit. Just having it active is enough. However, you can only use it at Fingerhut.

Fingerhut Credit Account Review + YouTube Review

5. Express Credit Card

This is one of the best department store credit cards for fashion. Available at Express store, this card offers a host of perks. So you get 20% off of your first order simply for having the card. Cardholders get free shipping on their orders. There are also two reward tiers, and you earn 20 points for every dollar you spend. For your birthday each year, you’ll get either a coupon or a physical gift. There is no annual fee to worry about, and you earn around $10 in rewards for every $125 spent.

Express Credit Card Review

6. Kohl’s Credit Card

The Kohl’s credit card is the easiest store credit cards to get. Also, there is a Kohl’s in almost every state that makes access easy. It gives you coupons for 15%, 20% or 30% off your purchases once a month. The signup bonus is 20% off your first order with more discounts on online orders. It comes with the Yes2You Rewards program and Kohl’s Cash just for having the card. If you spend more than $600 per year with your card, you’ll get 18 additional discounts. Track your purchases and combine discounts to maximize your savings with this card too.

Kohl’s Charge Card Review + YouTube Review

7. Best Buy Credit Card and Best Buy Visa Card

Use this card at Best Buy and get a huge 5% cash back reward. You’ll earn two points to the dollar for every other location you use your card. You get either rewards or promotional financing as an introductory offer. There is no annual fee or a low annual fee. It comes with free shipping on all of your Best Buy orders charged to the card over $35. There are two status tiers you can work your way through to maximize your savings. So this card has a very easy application process, as well.

Best Buy Credit Card Review

8. Macy’s Store Card and Macy’s American Express

If you shop at Macy’s, this card is one of the best store credit cards to build credit. Since there are stores all over the United States, you can use it a lot. It’s accepted anywhere American Express is. It comes with a Thanks for Sharing program that gives you discounts on certain purchases. There are four rewards tiers and Star Passes for further discounts. This card has lower credit score requirements for eligibility. Additionally, you’ll earn rewards points on everyday spending that you can use for discounts.

Macy’s Card Review

9. Nordstrom Credit Card and Nordstrom Visa

Anyone who shops at Nordstrom on a regular basis can benefit from the Nordstrom credit card. So you get four tier levels for rewards to work through. Shop at Nordstrom, Nordstrom Rack, or Nordstrom online and earn double points. You get a $20 reward voucher when you hit 2,000 points. The card gives you early access to the annual Anniversary sale, and there are triple point days. Also, the rewards are unlimited as well. If you spend $100 the first day you have the card, you’ll get a $20 bonus.

Nordstrom Credit Card Review

10. Sears Card and Shop Your Way MasterCard

Sears’ Shop Your Way program rewards you for shopping at Kmart, My Gofer, The Great Indoors, Sears, and Landers’ End. You earn 10 points for every purchase at least locations. 1,000 points add up to a $1 in rewards. Once you earn rewards, they sit in your account for a year. This program is unique because it also takes layaway into account and gives you points. Every prescription you refill gives you 500 points. You’ll get special discounts or sales for being in the program as well.

Shop Your Way Sears Card Review + YouTube Review

Bonus: Are you looking for a Visa Credit card?

The Petal Visa Card is a major credit card offer for people who have no credit, limited credit, or fair credit. This is a no annual fee credit card earning 1% – 1% cash back. Also, if you have bad credit we recommend that you review our top 3 Secured Credit Cards.

Bottom Line on the Easiest Store Credit Cards to Get

So these top 10 easiest store credit cards to get are perfect for helping you rebuild your credit. Several of them give you instant approval and flexible options. If you routinely patronize one of these stores, it can be a good idea to apply. Also, for more information on each card, click on the store review links. Learn the benefits and drawbacks with my in-depth reviews!

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Amex SimplyCash Business Credit Card Review

The Amex SimplyCash Business Credit Card is a New Type of Business Card Offer From American Express

Amex SimplyCash Business Credit Card Review of Benefits and Drawbacks

For business owners with excellent credit, the SimplyCash Plus Business Credit Card is a great choice. You’ll get a low-cost way to pay your business expenses plus a host of other benefits. There are also drawbacks attached to the Amex SimplyCash, and we’ll outline those as well. This way, you’ll know whether or not this card is a good choice for you.

SimplyCash Plus Business Credit Card Benefits

1. Introductory APR

Do you have a big purchase in mind? If so, you can take advantage of the Amex SimplyCash card’s introductory APR. You get up to 0% APR for the first 15 months you have the card. This allows you to split your large purchase up and pay it off before your card’s interest rate kicked in. This could potentially save you hundreds.

2. No Annual Fee with the Amex SimplyCash Business Credit Card

This is a rewards card, so you’d think the Amex SimplyCash card would have an annual fee to balance out your rewards. However, it doesn’t have an annual fee. You can use your card as little or as much as you’d like without trying to justify it. The SimplyCash Plus Business Credit Card from American Express is excellent for people who are more casual credit card users.

3. Expandable Buying Power

This perk is something unique to this card. Expandable buying power allows you to exceed your credit card’s limit without a penalty. You can make even larger purchases for your business with it. Additionally, you earn cash back for these larger purchases to maximize your rewards.

4. Amex SimplyCash Rewards

You’ll earn 5% cash back wireless telephone services and office supply stores. You’ll also earn 3% cash back on a bonus category of your choosing. These rewards appear as a statement credit on your next billing cycle. They do cap at $50,000 before dropping to 1% cash back. Also, they have to be in the United States, and your 3% choice comes from a list of eight options. You also earn 1% back on all other purchases.

5. Employee Cards

It’s free to open employee cards with the Amex SimplyCash. You can also quickly and easily set individual spending limits for each card. These spending limits are adjustable. This flexibility makes it easy to monitor your business’s cash flow and your employee’s spending.

6. Travel Protections

This card protects you when you travel abroad as well. It’ll give you car rental insurance, roadside assistance, baggage insurance, and accident insurance. The Global Assist hotline helps you when you travel more than 100 miles from home. You get access to legal help, financial help, passport replacement, lost luggage help, and more.

7. Expense Management Tools

When you have several employee cards, keeping track of them all is a must. You’ll be the account holder and get several tools to help. Spend Manager lets you add notes to each transaction, and account alerts help to prevent late payments. Connect it to Quickbooks, get a yearly summary, and keep track with tablet and mobile apps. You’ll get everything you need to manage your card.

8. Purchase Protection

When you buy something with the Amex SimplyCash, you get added protection. Purchase protection helps you if an item gets broken or stolen. Buy the items with your card and get protection for up to 90 days. This applies only to items that you purchase with your card.

9. Extended Warranty

Buying larger or more expensive items with short warranties? If so, the Amex SimplyCash will help. Also, if your item has a warranty of fewer than five years, the card will extend it. All you have to do is purchase the item with the card to get an additional year. This is great for big-ticket items.

SimplyCash Plus Business Credit Card Drawbacks

1. Credit Required

You have to have excellent credit above 690 to get this card. It cuts out a lot of people who have less than stellar credit. Ideally, your credit score would be well into the 700s before you apply for this card. This way, there is a reduced chance of the lender denying it.

2. Foreign Transaction Fee

Even though this card offers travel perks, you’ll pay for it. They’ll add a foreign transaction fee if you use the card through non-United States banks. This includes ATMs and shopping abroad. You’ll pay 2.7% each time you use your card abroad. These charges will add on to your bill in your next billing statement.

3. Stuck in Bonus Categories

Once you pick your bonus category, you’re locked in for a year. This means if your circumstances change and you don’t use it, you lose out. At the end of the calendar year, you can switch it out to another category from the eight. They include dining, gas stations, and more.

4. Variable Interest

The interest rates aren’t too bad for this card considering it’s a reward card. However, you’ll pay between 14.49% to 21.49%. This is a variable interest rate too. Your rate will depend on your credit score when you first apply for the card. If you don’t carry a balance, it’s not a huge deal.

5. Rewards Cap

Your 5% and 3% reward rates have a maximum cap with the Amex SimplyCash. You can only spend $50,000 in each category and get higher reward rates. So once you spend this amount, your reward rates plummet. They fall to 1% in all three categories. They don’t reset either like other cards.

Bottom Line with the Amex SimplyCash Card

So, is the Amex SimplyCash card from American Express a good idea? The answer is yes, and no. It’s great for businesses who need a little flexibility. However, you want to consider how fast you’ll hit the maximum rewards cap. For smaller businesses, it could take a while. If you hit the caps right away, you may want to reconsider. Overall, it’s a solid rewards card that is worth considering.

Credit Fast has reviewed the best business credit card offers on the market. Some of the credit card offers are from our advertising partners. Credit Fast has objectively reviewed the features and benefits of each business credit card application. We have ranked the offers below in the order of our editor’s recommendations.

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Credit Sesame Free Credit Monitoring Review

Receive a free credit report through Credit Sesame along with the Credit Sesame App.

Free Credit Monitoring With Credit Sesame

Credit Sesame is a way to get a free credit score that can help you rebuild your credit. You can also use it to monitor your credit. Several benefits come with using Credit Sesame and some drawbacks. Because we want you to get a good overview of the service as a whole, we’re going to talk about both.

How Credit Sesame Free Credit Monitoring Works

Once you go to the website, you’ll click to sign up. This will take you to a page where you fill in your email, name, address, and the last four digits of your social security number. The site will send an email to the one you registered with for you to verify your account. Once you verify it, you’ll be able to log in and look at your credit score, and it’s impact.

Credit Sesame doesn’t require you to put credit card information in right away. You can start with a free account and upgrade later. The site will update your credit score once a month. You can log in as much as you’d like during that month without a problem.

Credit Sesame: Sign Up For A Free Credit Account

Credit Sesame Benefits

1. Free Credit Monitoring Using TransUnion

Once you have an account, you can use it to monitor your credit score constantly. This is very helpful if you want to try and rebuild credit. You’ll be able to see exactly what drives your credit score up and down each month through the dashboard. It has an area where you can see what changed to influence your credit score.

2. Credit Sesame Will Alert You

You can set your account up to be as interactive as you want. For example, they allow you to get alerts every time something changes. Even if your score just drops a few points due to an inquiry, they’ll alert you. This is excellent for anyone worried about identity theft or fraud. It lets you catch it much quicker, and you can also fix it using Credit Sesame.

3. Identity Theft Protection

You get identity theft protection up to $50,000 through the site. It covers forgery, theft, embezzlement, fraud, stolen identity event, and data breaches. This feature sets this service apart for many other free credit score checkers out there. You can use the money to help cover legal fees and certain expenses.

4. Handle Your Debt

Being able to see your total debt can really hammer home just how deep you are in. You get a bright chart that tells you exactly how much you pay per month to debts. This could inspire you to pay even more to get out of debt quicker. It tells you what accounts you pay and how much you pay per account.

5. Free Tips

If you’re trying to fix your credit score for the first time, it can be very overwhelming. This is why you can take advantage of free tips and education. These are actionable tips that range from opening a secured card to working with a third-party. You can also get a good understanding of precisely what helps and hurts your score.

Use the Credit Sesame App to track your free credit score.

6. Credit Sesame App

You can check your free credit score on the go with the Credit Sesame app. It’s a secure and encrypted app for both Android and iOS. Once you log into the Credit Sesame app, you’ll have everything you need to monitor your score. This is helpful if you get an alert when you’re out and about and want to check it straight away. Just make sure you don’t save your login information in case you lose your phone.

7. Help Choosing Credit Cards

Taking steps to build up your credit means doing more than just monitoring your free credit score. You also want to get different types of accounts on your credit report to increase your history. You’ll be able to log in and look through credit cards where your approval odds are good. They also offer loans from third-party lenders to help you build your score.

8. Membership Tiers

The free account with Credit Sesame works just fine for most people. But people looking for more protection can take advantage of their membership tiers. There are three available, and each gives you access to more tools. They include:

  • Advanced Credit – The lowest tier offers one daily credit score update. You’ll also get three full credit reports updated every month. It costs $7.95 per month annually and $9.95 monthly.
  • Pro Credit – You’ll get everything in the free and Advanced tiers. It also comes with credit monitoring and alerts from all three credit bureaus and access to support. You’ll pay $12.95 per month annually or $15.95 month to month.
  • Platinum Protection – The final tier comes with everything you get in the first two tiers. It has live help for lost or stolen wallets, social security monitoring, dark web monitoring, and public record monitoring. You’ll pay $15.95 per month for an annual membership and $19.95 for a month to month plan.

Free Credit Score App Credit Sesame

Credit Sesame Drawbacks

1. Can Be Expensive

If you decide you’d like to have a paid membership tier, it can be expensive. Also, it’s even more costly if you don’t buy it on an annual basis. So this can be difficult for people who don’t have the extra income to take advantage of and use.

2. Putting Your Personal Information In

Yes, the website is secure and encrypted. However, Credit Sesame is still a website. You have to put in the last four digits of your social security number and other identifying information when you sign up. Because only the last four digits of your social security are required, the risk is lower. This is a risk, but many people believe that it’s worth it because of the features the site has.

Credit Sesame only requires the last four digits of your social security number.

3. Targeted Emails With This Free Service

Once you sign up, Credit Sesame will start sending out targeted emails. The Credit Sesame service is completely free. So these emails and ads are how the service remains free to consumers. They will target credit card offers based on your credit score, which can help you. Credit Sesame will recommend credit card offers, which they know you will have a stronger chance to get approved. If you are rebuilding credit, this can help you avoid rejection letters in the mail and unnecessary hard credit inquiries.

4. You Pay for All Three Reports

Credit Sesame is technically a free credit monitoring service. However, this is from just one credit bureau Trans Union. If you want all three, you have to use a paid membership. While it may not be expensive, it’s still cheaper to buy an annual membership. You’ll pay around $2 more per month for a monthly membership. You should consider a paid membership if you plan to buy a home.

Bottom Line on the Free Credit Score Credit Sesame Monitoring Service

Credit Sesame is a valuable tool for anyone to use and take advantage of. The fraud protection is an excellent perk to have if something were to happen and you needed it. So if you haven’t checked it out already, take a look. Use it to build and monitor your credit score throughout the year. It’ll give you the peace of mind that comes with knowing your information is safe.

CreditFast reviews the best credit cards and financial service products on the market. Some of these financial offers are from our advertising partners. CreditFast has objectively reviewed the features and benefits of each offer. We have chosen these credit financial offers based on our editor’s recommendations.

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Best Buy Credit Card Application Review – Best Buy Visa

Review the Store Best Buy Credit Card and Best Buy Visa Card benefits and drawbacks.

Best Buy Credit Card Application Review

Best Buy has a large selection of electronics, and they offer a store-branded card. The Best Buy credit card comes with great perks for people who shop there routinely. It’s relatively easy to apply to help you build your credit. There are two versions of the Best Buy credit card application you can apply for. The Best Buy Visa can get used anywhere Visa is accepted. The Best Buy credit card is only eligible for use at Best Buy. So if you’re considering this card, read on to find out the benefits and drawbacks.

Best Buy Credit Card Application Benefits

1. High Cash Back

The Best Buy rewards credit card gives a great cash back option for loyal cardholders. Each time you spend $1 at Best Buy, you earn 2.5 points. Accumulate 250 points to get a $5 rewards card. This works out to 5% cash back for Best Buy purchases.

The Best Buy Visa card also gives a decent amount of cash back. The base rate is one point each time you spend $2. Use your card at bars, restaurants, gas stations, and grocery stores to earn one point for every dollar. Finally, using your card at membership clubs like gyms and golf courses earns you 1.5 points per dollar spent.

2. Best Buy Rewards Credit Card Introductory Offer Choice

When your Best Buy credit card application gets approved, you get a choice for your introductory offer. You can choose promotional financing or rewards. The promotional financing would be a good choice if you had a large purchase in mind. You get 6 to 24 months to pay for purchases over $199 and up. If not, the Best Buy rewards may be a better pick.

3. Best Buy Rewards Bonus

Best Buy Cardholders who pick the rewards bonus get an additional 5% back on the first purchase they make. There is no minimum amount for this first purchase. You’ll automatically get 10% back. However, you do have to make this purchase within two weeks of opening the card. If you don’t, you miss out.

4. No Annual Fee or Low Annual Fee

A second thing sets the Best Buy credit card apart. Even though it’s a rewards card, there is no annual fee on the store-branded card. You’ll be able to shop and earn rewards as much as you want. However, you have to have good enough credit to qualify for this card.

If you don’t qualify for the store-branded card, you could possibly get the Best Buy Visa. There is a no annual fee Best Buy Visa Card but this card might come with a $59 annual fee. This still isn’t too bad because you have a significant potential to earn rewards. However, you do have to justify the cost of the annual fee by earning rewards.

5. Status Tiers

Both versions of the Best Buy credit card come with a tiered status. If you spend $1,500 annually with the store-branded card, you’ll earn Elite Status. The rewards Visa will upgrade you to Elite Plus for spending $3,500 annually. Each tier comes with perks. They include:

  • Elite: Free shipping, 30 day return window, and a dedicated customer service line for Elite members
  • Elite Plus: Free two-day shipping, 45 day return window, 6% back in rewards for Best Buy purchases and a dedicated Elite Plus customer service line

6. Free Shipping

When you use your Best Buy credit card for purchases over $35, you get free shipping. This is great if you live somewhere more remote and you need to pay more to ship. Also, you’ll save money each time you purchase things from Best Buy, and this can really add up. So when you combine this with your rewards, the potential is big.

Best Buy Credit Card Application Drawbacks

1. Expiration on Rewards

Once you earn rewards, you use them or lose them. Anyone who hasn’t made tier status has just 60 days. If you don’t use them at this time, they go away. If you make Elite status, you have 12 months to use your rewards. Credit card rewards expire at this point if they’re still on your account.

2. Stipulations on Special Financing

If you choose buy now pay later promotional credit financing over rewards, you get four categories. They are:

  • 0% APR for six months on items up to $199
  • 0% for 12 months on items at least $399
  • 0% for 18 months on major appliance items at least $599
  • 0% for 24 months on home-theater items at least $799

The problem lies in not paying it off in time. If you don’t, you’ll get hit with deferred interest charges. These charges go back every month to the time you bought your item. If you have a higher APR, you could pay hundreds or thousands in interest alone. For example, I bought a DSLR camera with 18 months 0 interest. If I did not pay the entire balance off before the 18 months, the back interest charged would have been $585. So it is essential to know when your special financing term expires.

3. Higher APR

Yes, the Best Buy credit card is a rewards card. This means the interest rate would be a little higher. However, the lowest rate is 20.79%. It goes up to 22.99% for fair credit, 25.76%, and 27.49%. All of these interest rates come base on your credit score at the time you apply for the card.

4. Balance Transfer Fee With the Best Buy Visa

So if you want to transfer balances to your Best Buy credit card, you’ll pay for it. You’ll pay a 5% balance transfer fee each time you transfer to it. Also, they’ll immediately hit you with a 27.49% monthly interest rate. This can quickly dig you deeper into debt. It’s not a good card if you plan to transfer balances to it.

Apply for the Best Buy Store Card or Visa Card
CreditFast does not receive financial compensation for recommending the Best Buy credit card application. I have the Best Buy Visa Card and found it very useful for my business. I used my Best Buy Rewards Card to purchase this laptop that I am using to publish this blog post. So I was able to afford to buy this laptop because of the 18 months 0 interest financing promotion option. I stress to always pay your balances off in full before any Best Buy promotional offer ends.

10 Best Store Credit Cards to Build Credit With Easiest Store Credit Card Approvals

Bottom Line on the Citi Best Buy Rewards Visa

So the Best Buy rewards credit card is the right choice for people who shop at Best Buy a lot. You can really pack in the rewards points and savings. There are some downfalls, though, and you want to avoid them. Finally, if you use your Best Buy Visa Card smartly, it can help you build your credit and buy some nice items.

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Avant Card – Avant Credit Card Review

Avant Card Review and Avant Credit Card Application MasterCard

Avant Card – Avant Credit Card Review Issued by MasterCard

The Avant card is a solid choice for people in the fair credit range. People in this area may have difficulty finding some cards, but the Avant credit card isn’t one. Whether you’re new to the fair credit score category or you want to diversify your cards, this one’s for you. We’ll outline the Avant card benefits and drawbacks. You’ll have all the information you need to make an informed decision on the Avant credit card application.

Avant Credit Card Benefits

1. No Deposit is Required With the Avant MasterCard Application

Applicants rejoice! You won’t need a deposit to open this card. It does look at your credit score to help determine your deposit amount. However, you won’t have to worry about coming up with a deposit. You’ll simply be able to get a line of credit based on your fair credit score. For people who are used to secured cards, this is a huge bonus.

2. Avant Credit Card Application is Easy and Fast

The Avant MasterCard has a very streamlined and easy application process. You can apply online in a matter of minutes. You simply input your relevant information and let it run. The lender will check to see if you pre-qualify first without impacting your credit score. You’ll know in a matter of minutes whether or not your credit score qualifies you for the Avant card.

3. Reports to All Three Major Credit Bureaus

Unlike some credit cards, the Avant credit card reports to all three major credit bureaus. This means that using it responsibly can increase your score. You do want to make your payments on time and watch your utilization ratio. Try not to use more than 30% of your total limit. These things can boost your score.

4. No Penalty APR With Avant

Once you get your APR, it doesn’t move. You won’t get a higher rate if you accidentally miss a payment. This is great for when life gets busy, and you forget to schedule your payment. You’ll pay the same interest rate. Additionally, everyone pays the same interest rate. You won’t pay more each month if your credit is on the low end of the fair spectrum.

5. No Hidden Fees Charged

Some lower credit cards come with hidden fees. These can be things like interest increases, fees to open an account, or balance increase fees. However, you don’t have to worry about this with the Avant card. There are no hidden fees with this card. What you do pay, the lender will spell out for you.

6. Automatic Credit Line Increases

Avant’s lender will reward you for practicing good credit habits. They’ll review your account for credit increases automatically. This usually involves making five or six payments by the due date. They’ll notify you when they decide to give you a credit line increase.

7. Avant MasterCard is Widely Accepted

The Avant card is a MasterCard application. This means that any vendor that accepts MasterCard will accept your Avant credit card. It’s useful if you don’t plan to carry a bunch of cards with you. Instead, you can just take one card and use it anywhere that you would use any other MasterCard. This is great for people who don’t want to worry about potentially losing a lot of cards.

8. No Foreign Transaction Fee

If you plan to travel and need a credit card, you can with the Avant MasterCard. There is no foreign transaction fee with using this card. This means that you won’t pay extra if you use it for purchases through a non-US bank. Also, you can use it at ATMs around the world without paying an extra percentage for it. This is rather unusual. Other than the Capital One Platinum Card most other credit cards for fair credit charge foreign transaction fees.

9. Zero Fraud Liability on Unauthorized Purchases

Should you have unauthorized purchases on your card, you won’t pay for them. The Avant MasterCard offers zero fraud liability for their cardholders. It’s a safety net if your card gets lost or stolen. You report it to them, they close the card, and they reverse the charges. You’ll get a new card issued to you without paying anything extra for it.

10. Payment Convenience With a Variety of Payment Options

You can pay a variety of ways with this card. You’re allowed to mail your payment in. However, you do want to make sure you give it ample time to get there. There’s also a payment portal. You can access it from your phone, tablet, or PC. Your payments post within 24 hours, so it’s great for last-minute ones.

Credit Cards for Fair Credit

Avant Card Drawbacks

1. Annual Fee

This card will charge an annual fee each year you have it open. You’ll pay $29 a year for this card. While this isn’t a large amount, there are no rewards to balance it out either. This fee will appear on the first statement of the year. You simply pay it when you pay your bill.

2. Not Available in All States

One odd quirk about the Avant credit card is that it isn’t available in all 50 states. Residents of Colorado, Iowa, Vermont, West Virginia, and Wisconsin can’t apply for this card. Don’t bother trying to apply for it if you’re in one of these states. The lender will reject your application for it.

3. Higher APR

If you’re on the higher end of the fair credit spectrum, the APR can be high. Everyone with this card gets an APR of 26.24%. If you carry a balance every month, this can very quickly add up. However, you can avoid it by paying your balance in full. It’ll teach you responsible use at the same time.

4. Credit Score

A fair credit score ranges between 600 and 700. This is according to the Avant card. It’s not terrible, but it’s high enough to knock some people out of the running. If your credit is below 600, you won’t be able to get this card. You can apply once you meet the minimum requirements.

5. No Introductory APR

There is no introductory APR period with this card. You’ll start paying the monthly APR from the first month you have the card open. Again, paying your balance off each month can help you avoid it. However, it’s also a way for you to get a lot of additional money added to your balance.

Need more information about the Avant Credit Card Application?

Compare the Avant credit card application with other fair credit card offers to find the right card to fit your lifestyle.

Avant MasterCard – Bottom Line on the Avant Credit Card Application

For someone with fair credit, the Avant card can be a viable option. It’s a great tool to help you continue to build up your credit. The Avant credit card application process is also another bonus. You know within minutes whether or not you get the card. All in all, I’d recommend taking a look at it if you have fair credit. Just remember to use it responsibly.

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Best Credit Cards for Young Adults to Build Credit

Comparing the Best Credit Cards for Young Adults to Build Credit

Choosing the Best Credit Cards for Young Adults to Build Credit

Building credit early is essential for young adults. It lays the foundation for a solid credit history for the rest of your life. One way to do this is to get the best credit cards for young adults. They’ll help you boost your credit score straight away. Credit cards also add variety to your credit report, and lenders like to see this. Additionally, they help to teach responsible use from the start. We’re going to give you several credit cards to choose from to suit different stages of your credit building process.

Best Credit Cards for Young Adults to Build Credit Using Secured Cards

Establishing credit can be difficult for anyone. It presents unique challenges because most lenders require established credit before they work with you. However, you do have options available to you. A secured credit card can cost more upfront, but it’s a good first stepping stone. Secured credit cards come with more restrictions, but they help you get into good habits.

Who is a secured credit card good for? Many secured credit cards require you to put money down when you open it. This money down becomes your line of credit. It’s usually between $200 and $500, but it can go lower or higher as well. You also usually need a bank account to submit your deposit. However, you get your deposit back when you close the card out as long as you pay it in full. Two good secured credit cards include:

1. Capital One Platinum Secured Card

First up is the Capital One® Secured Card. There is no annual fee with this card if you have it for a few years. The security deposit fluctuates between $49, $99 or $200. It’s fully refundable when you close the card. The final amount of the security deposit depends on your credit score when you first apply for it. You can get a higher credit line when you make your first five payments on time.

Your initial credit line will be $200. You can also choose your due date. The lender gives you payment choices as well. You’re able to pay your bill by check, at a local branch, or online. Finally, it has an annual percentage rate (APR) of 26.99% for every month you carry a balance.

2. Discover Secured Card

The second secured card we have is by Discover. The Discover it® Secured Card is a slight oddity for a secured credit card. For example, it’s a rewards card that offers 2% cash back on your purchases. This applies to restaurants and gas stations. You get 1% back on every other purchase. They also match your cash back amount for the first year. This doubles your profits.

You will need a security deposit to open this card, but your security deposit is fully refundable. There is no annual fee with this card. You also get access to your credit score for free, so you can monitor it. Finally, you get a variable 25.24% APR when you carry a balance from month to month.

Best Credit Cards for Young Adults to Build Credit with Some Established Credit History

Once you have a slightly established credit history, you have more options available for credit building. However, it still requires care to continue improving your score. Once you make it from no credit to good or fair credit, you can look for new options to build credit.

This is the level where credit lenders start to offer you better cards. They’re also more willing to work with you. This is especially true if they can look at your credit history and see consistency. They’re looking for on-time payments, a variety of accounts, and a longer credit history. We have two cards that are great for this credit range. They include:

1. Citi Double Cash Card

The Citi® Double Cash Credit Card is a rewards credit card. You earn 1% back when you buy items. You can earn another 1% back when you pay for purchases over time. There is no annual fee with this card. This is odd for a rewards card, and it allows you to stack your rewards. It also comes with a balance transfer offer. You have a 0% balance transfer APR for the first 18 months.

Having this card gives you access to the Citi Private Pass program. This gives you early access to thousands of events each year. You’ll be able to purchase tickets early, get access to VIP packages, and get complimentary moving screenings. You also get a pass on your first late payment.

CreditFast YouTube Video: Citi Double Cash Review

2. Chase Freedom Card

The Chase Freedom® Credit Card gives you 5% cash back up to $1,500 in purchases in bonus categories. You earn 1% on everything else. There is no annual fee attached to this card. Your rewards don’t expire either. This means that you can stack them for as long as you have the card in good standing.

You won’t pay an APR for the first 15 months that you have the card open. After this, your APR goes up to between 17.24% to 25.99%. You can redeem your rewards for travel, Amazon credits, and gift cards. It comes with fraud protection, purchase protection, extended warranties, and fraud alerts. Finally, you can earn a $150 bonus after you spend $500 in the first three months.

CreditFast YouTube Video: Chase Freedom Credit Card Review

Best Credit Cards for Young Adults to Build Credit: Comparing and Choosing

No matter which stage of building your credit you’re at, a credit card can help. Our roundup of the best credit cards for young adults can start you off on the right path. You’ll be able to use them to lay a solid foundation. Additionally, they work well to help teach you to be financially responsible. They have restrictions and rules you have to work by. However, they’re solid options to anyone who wants to establish their credit.

Once it’s established, you can continue to use them to improve your credit further. If you haven’t checked into them, I recommend it. It may take a while to find the best one to suit you, but there are several choices available. Take your time, shop around, and build your credit.

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Fortiva Credit Card Review – Fortiva MasterCard

The Fortiva credit card is issued by MasterCard.

Fortiva Credit Card Review

You have probably received a Fortiva pre approval letter in the mail. Having less than perfect credit doesn’t necessarily mean you have to get a secured card. The Fortiva card is a lesser-known unsecured option to help you build your credit. However, there are both benefits and drawbacks with the Fortiva credit card. We want you to be able to make informed decisions, so we’re going to highlight them both below. Decide if the Fortiva MasterCard is the right credit card to build credit.

Fortiva Credit Card Benefits

1. EMV Chip

Keeping your identity secure in today’s digital world can be a challenge. However, the Fortiva card works to prevent fraud and identity theft. It comes with an EMV chip built into the card. This adds an extra layer of security to every transaction you make. It’s great if you do a lot of in-store shopping. You’ll be able to shop without worrying as much about potential risks and disadvantages of using store credit cards.

2. Easy Credit Approval For People With Poor Credit

People who have poor credit are severely limited in which credit cards they can and can’t receive. You’re usually tied to a secured credit card that’s very limiting. However, the Fortiva MasterCard is different. It’s specially marketed to help people with poor credit rebuild without a secured card’s traditional restrictions. This can help jump your score a few points once the lender approves you.

3. Reports Payment History to Credit Bureaus

As long as you pay your bill on time each month, this card can help build your credit. It reports to all three credit bureaus each month. The monthly reporting will help you start to build a solid payment history. It helps to show lenders that you can be responsible with your finances. Also, it makes them more prone to approve you for other cards or loans.

4. Free Access to Credit Score

You can’t fix your credit score if you’re not sure what’s wrong. The Fortiva credit card gives you access to your credit score. You can monitor it each month to watch your payment history build. Also, it’s a great way to check for fraud or report errors. Resolving these things can also give your credit score a needed boost.

5. $0 Fraud Liability

Did someone get their hands on your Fortiva MasterCard and make unauthorized purchases? As long as you report it quickly, you’ll get a $0 fraud liability. Your lender will wipe out the purchases and restore your card’s balance. In cases of identity theft, this is a huge benefit. It is subject to MasterCard’s liability rules and regulations though. You may want to take a look at them if you’re not sure.

6. Lower Minimum Payments

The Fortiva credit card comes with very low minimum monthly payments. You’ll pay just 1% of your balance of $10. You’ll pay whichever out of the two is greater. However, this does mean that you pay interest every month. If it’s possible, don’t use over 33% of your total balance and pay it in full each month. Keep your credit utilization low. This can help you get into good financial habits.

7. Wide Acceptance Rate With the Fortiva MasterCard

Despite not being widely known, the Fortiva credit card is a MasterCard. MasterCard is one of the most widely accepted credit card lenders in the world. You’ll be able to use your Fortiva MasterCard anywhere that accepts MasterCard. This reduces your need to carry a backup credit card in case something doesn’t work on your Fortiva Card.

8. No Security Deposit Required

You’d assume that you would need a security deposit to open this card since it’s for poor credit. However, it doesn’t require one since it isn’t an unsecured card. This can potentially save you a little money over a secured option. However, there may be other fees to consider with the Fortiva MasterCard.

Fortiva Credit Card Drawbacks

1. Higher First Year Fees

You’ll pay a one-time program fee and an annual fee in your first year of opening this card. This could amount to around $200, and this is just for the privilege of having the card. There are also account maintenance fees added in for keeping your account open. This applies even if you’re in good standing.

2. No Credit Increases

Even if you make every payment on time, you’re not able to get a credit line increase. Your credit line amount looks at your credit score, and this means that it could be on the low end. There’s nothing you can do about it either. You have to build your credit and close it out when you get another card.

3. APR Range of the Fortiva MasterCard

You’ve probably guessed that this card comes with a higher APR. You’ll pay between 21.99% to 36%. The total you pay each month will depend on your credit score when you apply for the card. If you don’t carry a balance, this won’t be a big deal. However, it really adds up fast over the span of two to three months.

4. Fortiva Card Fees

We briefly touched on the fees that the Fortiva credit card has. However, they have a huge spectrum. You’ll pay an annual fee that ranges between $49 to $175 per year. There’s also account maintenance fees that range between $60 to $159. You’ll pay a one-time program fee for opening the card of $25. All of these small fees really start to add up each year. It may not be possible to have your annual fee waived later. You should compare Fortiva with the Avant Card for fair credit which charges lower fees.

Recommended No Fee Cash Back Credit Card for Limited or No Credit History: Petal Visa Card

5. No Rewards With the Fortiva Card

There are no rewards to try and justify the higher fees with this card. So you could argue that increasing your credit score is enough of a reward. However, this theory will struggle to hold water once you start paying for everything. There are also no perks or special discounts attached to the card. You can try applying for the Discover secured credit card that offers cash back rewards from day one.

Fortiva Mastercard Invitation Mail Offer Code

The only way that you can apply for the Fortiva MasterCard is through the Fortiva Mastercard Invitation Mail Offer Code. I search throughout the Internet and could not find an application link for people who wanted to apply online without an invitation. Much like the Mercury Credit Card the Fortiva credit offer is by invitation only.

Bottom Line – Fortiva Credit Card Issued by MasterCard

The Fortiva credit card is strictly for helping you rebuild your credit. For some people, the Fortiva card could be a good unsecured alternative. However, more people will be better off getting a secured card instead. It costs less, has rewards and perks options, and they don’t charge over $200 in fees for having it. Finally, take a look and decide if the benefits outweigh the drawbacks.

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Express Credit Card Review – Express Next Rewards

Express Credit Card Review Learn How to Earn Express Next Rewards

Express Credit Card Review

Have you ever heard of the Express credit card? Express is an American fashion retailer with trendy clothing for men and women. This means that the Express Next credit card is a store or retail card. It could be a good option if you shop there on a regular basis. However, the Express card has both benefits and drawbacks associated with it. It’s important that you know both sides before you decide on applying for it. Curious? If so, read on to find out all about the Express credit card. Learn about how you can earn Express Next Rewards.

Express Credit Card Benefits

1. Percentage Off Your First Purchase

Express will reward shoppers who open a new credit line with them. You’ll get 20% off of your first order simply for using the card. This is a great incentive if you plan to spend a little more straight away. So this is only for your first purchase when you open a line of credit, but it’s a nice perk. This is a store-branded card, so you do have to spend it at Express.

2. Free Shipping

You get free standard shipping with each order you place on online when you are on the A-List. Since many people do shop online, this can add up. It’s great for people who like to buy their clothing from the comfort of their own homes. You earn when you buy, and you save on shipping costs.

3. Express Next Rewards

The Express Next rewards program is generous. So you earn 20 points for every dollar you spend on qualifying purchases. All you have to do is charge the full amount of your Express purchase to your Express credit card. The points will automatically credit to your account. When you earn 2,500 points, you get $10 in rewards.

4. Card Tiers

There are two reward tiers with the Express Next credit card. Your first tier is just for being a cardholder in good standing. The second tier is the A-List. You have to earn 7,500 points from March first to the end of February to qualify. If you do, you’ll get $15 more when you earn 2,500 points.

5. Birthday Gift

Each year on your birthday, Express will automatically send you a birthday gift for being a loyal customer. So the Express Next credit card offers either a physical gift or a coupon. If it’s a coupon, you can then use the coupon on your next purchase at the retailer.

6. No Annual Fee

Like many store credit cards, there is no annual fee. This is common with store-branded credit cards though. All of the points you earn for having this card work in your favor. You’re able to use it a little or a lot without trying to make the rewards outweigh the fee.

7. Low Rewards Threshold

You don’t earn any coupons or $10 credits until you hit 2,500 points. This works out to right around having to spend $125. Also, Express items vary in value so this won’t be too difficult to hit. However, you can see that you spend more for a lower reward. A-List cardholders get a $15 reward instead of $10.

Express Credit Card Drawbacks

1. Store-Branded

The Express credit card is a store-branded rewards card. You can only use it online or in-store at Express. If you don’t shop here a lot, this severely restricts how much use this card will get. However, you can use it online at the store too. This makes it a little easier if there are no physical locations near you. So this is a common disadvantage of store credit cards.

2. Low Starting Limits

This card comes with lower credit limits that can make it difficult to earn rewards. The majority of customers start with a $200, $400, or a $750 limit. This will eventually go up with responsible use. Your initial limit comes solely from your credit score when you apply.

3. High APR

No matter how good your credit score is, the Express card gives you a higher APR. The APR for every customer is 28.49%. This will only apply if you plan to carry a balance from month to month. However, this can add up very quickly if you carry a balance for several months.

4. No Introductory APR

Most cards offer some type of APR-free period for new cardholders. The Express credit card is not one of these cards. You’ll start racking up APR charges from the first month you have a balance. So it is important to pay your balance in full each month in order to avoid interest charges. This can be frustrating if you’re trying to earn rewards and spend more to hit your 2,500 points.

5. Credit Score

The Express Next credit card requires a fair credit score for successful approval. A fair credit score usually has a range of 630 to 689. This shuts out a lot of people who have bad credit. If your score falls below the fair range, you may want to consider applying for it. However, one way to improve your chances for approval is by using the Comenity Bank Shopping Cart Trick. The Express Credit Card is issued by Comenity Bank. Many people with much lower credit scores have been able to get approved this way.

6. Longer Approval Process

You apply for the Express card online. It is possible for you to get an instant decision. However, most applicants go through a longer approval process. It can last from a week to 10 business days. While this isn’t a huge issue, it can still be frustrating if you want to shop with it.

7. Rewards Expire

It takes you longer to earn rewards with this card. The Express Next Rewards you earn also expire each year. If you don’t use these unused credit card rewards they will expire before the year ends, and you lose them. This means you also start back at the basic card tier each year. You have to earn at least 7,500 rewards per year to get back to the A-List tier.

10 Best Store Credit Cards to Build Credit With Easiest Store Credit Card Approvals

Bottom Line

Finally, the Express credit card is a good choice for people who shop Express. You can earn Express Next Rewards on all your Express store and online purchases. However, you just have to be very careful about what you spend. Using your card wisely can pay off with free shipping and discounts. If you have better credit, there are better cards to sign up for and use.

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Credit Card Applications!