Revvi credit card full review
If you have a low credit score and are looking for an easy credit card to get, the Revvi card is perfect for you! It comes with a 1% cash back program and reports all payments to help you increase your ratings. See our review to learn more about this product!
Revvi credit card: Get 1% cash back in payments!
Getting an unsecured credit card with a low credit score can be a hassle, but it’s not impossible. In this Revvi card review, we’ll show you an easy-to-get product that can help you improve your score while rewarding you with cash back for timely payments.
You’ll learn all the main features, the good and the bad, that comes with having a Revvi card so you can decide if this is the product you’re looking for. So, read on to learn everything there is about this credit card.
|At least 550
|$75 for the first year, then $48 every year after
|1% cash back in payments after 6 months
How does Revvi work?
MRV Bank issues this card and provides international Visa coverage for its cardholders. Revvi is well-known for being one of the most accessible credit cards, even with a low credit score. Like most subprime products, the card comes with specific fees that might seem a little steep.
Its annual fee is $75 for the first year of card membership, then $48 after the second year. It requires an $89 activation fee and has a fixed APR of 34.99% for purchases. Revvi doesn’t have a monthly fee in its first year, but for every year after that, there’s a $6.25 charge if you decide to keep the card.
The starting credit limit is $300, but the annual fee is deducted from it in its first month, leaving you with a $225 limit until you pay off the charge. To request the card, you must have a FICO score of at least 550 and meet other criteria like no tax liens or recent derogatory items.
The Revvi card is one of the few products designed for people with bad credit that provides a cash back reward. You can earn up to 1% on all credit card payments and redeem them after 6 months of card use. The redemption options are statement credits in 500 points or $5.
You will be redirected to another website
Revvi Credit Card pros and cons:
The Revvi card is a great product for anyone with a credit score in the mid 500’s to improve their rating. It has a cash back program and reports all payments to credit bureaus to help you repair any damage. However, it also has its disadvantages. See below in our Revvi card review to learn what they are.
- Reports monthly payments to 3 major credit bureaus;
- 1% cash back in credit card payments;
- Has a mobile app for customers;
- Easy application process;
- Available for people with bad credit scores.
- $89 activation fee;
- High APR rate;
- Cash back is only redeemable after 6 months.
Does my credit score need to be good?
You need to have a FICO score of at least 550 to qualify for this card. There are also other requirements for approval, such as no tax liens and no recent derogatory items. You’ll also need to show proof of on-time payments for at least one year prior to your request.
Want to apply for the Revvi credit card?
Now that you know how good the Revvi credit card can be for your finances, how about applying for one? You can check the application process in the link below for further information. Take the first step toward improving your credit rate today with this product!
About the author / Aline Barbosa
Citrus Loans review: is it worth it?
Need cash but have a bad credit score? Check out this Citrus Loans review on how to solve this situation and get your money today.Keep Reading
Applying for the Wayfair Credit Card: learn how!
Applying for the Wayfair Credit Card is easy! Qualify with bad credit and enjoy no annual fee. Keep reading to learn how.Keep Reading
You may also like
First savings credit card full review
First Savings credit card is the card for people who needs some help with their credit score. Get this Mastercard card to use everywhere.Keep Reading
Sky Blue review: repair your credit with confidence
Having a good credit score expands your trading possibilities. Therefore, this Sky Blue review will show you the benefits of this option.Keep Reading
Choose the perfect credit repair company for your finances
Regaining credit is important to realizing your dreams. Find out today how to Choose a credit repair company, so you don't have errors.Keep Reading