The Reflex Mastercard is a credit card specifically designed for people with poor credit. It will double your credit limit after six months, but you have to have a checking account to get approved. What's more, it requires a small annual fee. This credit card is for those with poor credit.
Reflex Mastercard is a credit card for people with bad credit
Reflex Mastercard, a credit card for people with bad credit, is available. This card provides a low-interest credit line with a credit limit of $200-$1,000. After six months of regular payments, this amount is automatically increased. The Reflex Mastercard offers this benefit. This is unlike many other cards. Unfortunately, the card is subject to high fees and an additional annual fee.
The Reflex Mastercard is not ideal for those with bad credit. 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. Pre-qualification is an option if your credit score is not in good standing.
After six months, your credit limit is doubled
Reflex Mastercard credit cards offer a credit limit enhancement after six months of regular payments. This feature can increase your credit utilization, and it can also save you money on interest. For each authorized user, the credit card has an annual $30 fee. In order to avoid high interest rates, it is important that you pay your entire card balance each month in full.
Reflex Mastercard, an unsecured credit card, is not intended for people with good credit. The Reflex Mastercard is best suited for people with low credit scores. It has a $1,000 credit limit. Follow the steps and you can double your credit limit in six months if you have good financial habits. You can also have your payment and balance history reported to all three credit reporting agencies.
There is an annual charge
Reflex Mastercard charges $30 an annual fee. Your credit limit will automatically be increased after six months of timely payments. This is a great feature for anyone who is concerned about credit utilization. Late fees can be imposed if you're unable to pay your bills on time. These late fees can add almost 30% to your balance. You should therefore pay your balances each month in full to avoid paying high interest.
The application process for the Reflex Mastercard is quick and easy. Before applying, you can check your credit eligibility by completing the free pre-qualification application. It doesn't impact your credit score. The application takes just a few seconds. Once you're approved, you'll be sent your new card and be notified of your decision. You can also activate your card within seven to ten business days.
You will need to have a checking or savings account in order to approve it
Reflex Mastercard by Celtic Bank is a debit card with a variable credit rate and a limited credit limit. It is great for building credit if you have a bad credit history or do not have a bank account. By making regular payments on your balance, you can increase your credit score.
Reflex credit card applications can be made online or by telephone. For you to apply for a Reflex credit card, you will need your Social Security number, date-of-birth, and employment information. A decision will be made within two to three weeks after your application is submitted. Reflex Mastercard offers multiple benefits, including no monthly fees.
It covers $0 of fraud liability
Reflex Mastercard offers several benefits, including zero liability if fraudulent transactions are made. After opening an account, you are able to 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 based upon the total amount of credit available. A higher limit on credit can help you improve both your score as well as the percentage of credit you have available. 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 charges a one-time fee of $30. Experian will also provide a VantageScore 3.0 credit rating for free. E-statements are also included with your VantageScore 3 credit score. This great feature offers peace of Mind while you use your Reflex Mastercard.