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Applied Bank® Secured Visa® Gold Preferred®, no credit check required to get approved!

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The Applied Bank® Secured Visa® Gold Preferred® credit card is perfect for those who are looking to rebuild or establish their credit history. This card has a low annual fee and a reasonable APR, making it a great option for those looking for a long-term credit solution. Read our review and learn how this product can benefit your finances!

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Do you want to start building or rebuilding your credit? See what the Applied Bank® Secured Visa® Gold Preferred® credit card can do for you below!

Fixed 9.99% APR
Modest annual fee
Reports to all major credit bureaus
Accepts all credit scores

A credit score that accepts you no matter which credit score you’re carrying right now. This is certainly the major advantage of a secured credit card. But let’s see a few more highlights of this card:

Pros:

  • Easy to get approved: No credit check or minimum credit score required. This makes it a great option for people with bad credit or no credit history.
  • Builds credit: Reports to all three major credit bureaus, so on-time payments can help you improve your credit score.
  • Low APR: Variable purchase APR of 9.99%. This is a competitive APR for a secured credit card.
  • Global acceptance: Accepted worldwide, so you can use it for travel.
  • Contactless payment: Makes it easy and convenient to make payments.

Cons:

  • Annual fee: $48 annual fee. This is a bit higher than some other secured credit cards.
  • No rewards or cashback: You don’t earn any rewards or cashback, so it’s not a good option for people who are looking to maximize their rewards.
  • Foreign transaction fee: 3% foreign transaction fee. This can add up if you travel frequently.

Overall, the Applied Bank® Secured Visa® Gold Preferred® credit card is a good option for people who are looking to build or rebuild their credit.

This card helps you build credit by reporting your on-time payments to all three major credit bureaus. This means that when you make your payments on time, it will help to show creditors that you are a responsible borrower. This can help you improve your credit score and qualify for better credit cards and loans in the future.

No, this card does not earn any rewards or cashback. But remember that this credit card is meant to be a credit builder, and you can not get distracted by rewards that can make you spend more than you should or fall into debt again.

Yes, this card has contactless payment. This means that you can make payments by tapping your card on a contactless payment terminal.

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