Consider a Green Dot primor® Mastercard® Gold Secured Credit Card to Rebuild Credit
A lot like when evaluating an unsecured credit card, not all secured cards are the same.
The Green Dot primor® Mastercard® Gold Secured Credit Card is a reasonably affordable alternative for those wanting to rebuild bad credit. However, you could discover other competitive alternatives without an annual fee.
The Green Dot primor® Mastercard® Gold Secured Credit Card is issued by Green Dot Bank.
benefits of a Green Dot primor® Mastercard® Gold Secured Credit Card
- Credit lines available from $200 to $5,000! Super Low Fixed 9.99% interest rate on purchases – with no penalty rate!
- No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
- Helps strengthen your credit with responsible card use. Reports to three national bureaus.
- Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
- See additional Green Dot primor® Mastercard® Gold Secured Credit Card details
Cons of a Green Dot primor® Mastercard® Gold Secured Credit Card
- The Green Dot primor® Mastercard® has a foreign transaction fee of 3%, which is an industry standard.
- The credit limit increase charge is $49.
- The annual fee is $49.
One secured card offer that does not charge an annual fee or foreign transaction fee is the Capital One ® Secured MasterCard ®.
To open up a Green Dot primor® Mastercard® Gold Secured Credit Card, you have to open up or currently have, a financial savings down payment with Green Dot Bank. Also, your credit limit will be the deposit in your interest-bearing account with a $200 minimum. So remember the Green Dot primor® Mastercard® Gold Secured Credit Card does require a $49 annual fee.
In conclusion, a secured credit card like Green Dot primor® Mastercard® Gold Secured Credit Card supplies individuals who want to get their very first credit card or reconstruct their credit a risk-free and also secure means to do so. Lastly, the Green Dot primor® Mastercard® Gold Secured Credit Card consists of a somewhat high annual fee. The low APR, however, makes this secured credit card offer worthwhile.
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