Fortiva® Credit Card full review
A great way to improve your credit score is to use a credit card for rebuilding. Discover the Fortiva® Credit Card in our full review!
by Sabrina Paes
Fortiva® Credit Card: build credit and improve your finances!
Card options for those without a good credit history are flexible. This Fortiva® Credit Card review will show how this option can be interesting in rebuilding credit and expanding possibilities.
This option has some advantages, like a reduced annual fee from the second year of use. In addition, you are exempt from the monthly fee for the first year. Check out the pros and cons of this option.
- Credit Score: Bad/ Poor;
- Annual Fee: $49 – $175 1st yr, $0 – $49 after;
- Regular APR: 22.74% – 36% (variable for purchases – April 2021);
- Welcome bonus: None;
- Rewards: there are no rewards; it just helps to rebuild credit or increase credit score.
How does the Fortiva® Credit Card work?
This review shows that the Fortiva® Credit Card can help rebuild credit. In addition, you can catch up on your finances with the help of a reasonable limit card.
As it does not require a minimum credit score, APR and other fees, such as foreign transactions, are high. However, timely payments are reported to major credit bureaus and can improve your credit score.
Fortiva® Credit Card pros and cons
The Fortiva® Credit Card can be ideal for people without a good credit history. He has a good use report to credit agencies, which favors the growth of his score.
However, there are many associated fees like foreign transactions and down payments. Also, you don’t have an easy way to increase the limit with this option. Check out the main pros and cons.
- You can track your score improvement through Equifax’s free VantageScore 3.0;
- The company provides a monthly credit usage report to the country’s main agencies;
- A good credit score is not required to apply;
- Fraud Disclaimer.
- This card option doesn’t have an easy-to-achieve limit increase;
- It has many associated fees, including late fees, balance transfers, and advance and foreign transaction fees.
- It may take time for approval, depending on your situation.
Does my credit score need to be good?
As you may have noticed in this review, the Fortiva® Credit Card does not require a good credit score. That is, even if you have a poor or bad score, you can request this option.
However, as we said earlier, interest rates are high, given the creditor’s distrust regarding the payment on time. Therefore, you can have a card, but with high associated fees.
Want to apply for the Fortiva® Credit Card?
Anyone over the age of 18 and a US citizen can apply for the Fortiva® Credit Card.
However, it is important to know how to apply correctly to increase the chances of approval. Check out how to apply in our post below!
Applying for the Scotia Momentum Visa Infinite Credit Card: learn how!
Learn about the great features of the Scotia Momentum Visa Infinite card, such as cash back, and find out how you can apply for this product!Keep Reading
Discover it® Miles credit card full review
Check our Discover it® Miles credit card review and learn more about a card that offers many travel perks and charges no annual fee!Keep Reading
Upgrade Cash Rewards Visa® credit card full review
Want a card with good cashback and fixed monthly fees? Then, read on to learn about the Upgrade Cash Rewards Visa® credit card.Keep Reading
You may also like
Credit One Bank® Platinum Visa credit card full review
Looking for a credit card to help rebuild your credit score? Check out our Credit One Bank® Platinum Visa card review to learn more about it!Keep Reading
What are the seven levels of financial freedom?
Discover what it takes to reach financial freedom and secure a comfortable early retirement just by shifting the way you manage your money.Keep Reading
Applying for the U.S. Bank Cash+™ Visa Signature® Credit Card: learn how!
The U.S. Bank Cash+™ Visa Signature® Card lets you select your categories to earn 5% cash back and has no annual fee. Learn how to apply!Keep Reading