Reviews

Applied Bank® Gold Preferred® Secured Visa® credit card full review: should you get it?

Applied Bank® Gold Preferred® Secured Visa® credit card and your chance to get a card with a really low fixed APR to build credit with no surprise fees. Read on to learn more!

Advertisement

Applied Bank® Gold Preferred® Secured Visa® credit card: build credit with an incredibly low APR!

Applied Bank® Gold Preferred® Secured Visa® credit card
Learn all about the Applied Bank® Gold Preferred® Secured Visa®. Source: Applied Bank®

Indeed, there are many cards designed to build credit. However, only the Applied Bank® Gold Preferred® Secured Visa® credit card offers the “golden way” to build credit!

AppliedBank logo

Applied Bank® Gold Preferred® Secured Visa® card: check out how to apply!

Learn how to apply for the Applied Bank® Gold Preferred® Secured Visa® card, which offers one of the lowest APRs on the market. Read on!

With this card, you improve your credit with the lowest APR in the market. Read this article to know other advantages of this credit product:

Credit ScoreNo minimum credit score
Annual Fee$48
Regular APR9.99% (fixed)
Welcome bonusNone
RewardsNone

Applied Bank® Gold Preferred® Secured Visa® credit card: learn more about this financial product

In fact, this card is a tool designed for anyone who wants to build credit. In this way, it issues a report to the main credit agencies in the country.

However, that is not all. This gold version brings with it one of the lowest APRs on the market.

Also, this is a flat fee. That way, regardless of what happens in the market and the economy, you will continue to have a low APR.

In fact, this feature is essential for anyone who wants to build credit without running the risk of incurring large debts. Also, this card does not offer an APR penalty fee.

That way, even if you delay your payments, you won’t incur higher interest rates. To activate this card, you will need to make a security deposit of at least $200.

However, with larger deposits, your initial credit limit can go up to $1,000. Using your card responsibly, your credit limit can go up to $5,000.

If you are eligible for a higher credit limit, you will not have to pay any fees for doing so. Finally, this is a Visa credit card, accepted almost anywhere in the world.

Applied Bank® Gold Preferred® Secured Visa® credit card features

Credit card gold
Learn more about the card’s pros and cons. Source: Flickr

Indeed, this card offers very interesting and unusual conditions for building credit cards. However, there are some “weak spots” that you need to know about.

Below, see the lists with the main advantages and disadvantages of this credit product:

What are the benefits? 

  • Extremely low and fixed APR;
  • Report your payments to the main credit agencies in the country;
  • No Penalty APR;
  • Accepts application regardless of credit score.

And what are the drawbacks?

  • This card charges an annual fee of $48;
  • It does not offer a grace period.

What credit score do you need to get the Applied Bank® Gold Preferred® Secured Visa®?

Indeed, this card does not set a minimum credit score for its applicants. So, even with bad credit, you can apply for it and have a chance of being approved.

How does the Applied Bank® Gold Preferred® Secured Visa® application process work?

You can easily apply for this card online! So, learn how to apply to start building your credit today in our post below!

AppliedBank logo

Applied Bank® Gold Preferred® Secured Visa® card: check out how to apply!

Learn how to apply for the Applied Bank® Gold Preferred® Secured Visa® card, which offers one of the lowest APRs on the market. Read on!

About the author  /  José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

Trending Topics

content

Why are airline prices so high right now: the underlying reasons

Have you ever wondered why are airline prices so high? We have the answer! Find out what's behind the rise in ticket prices.

Keep Reading
content

Tarjeta Bank of America® Unlimited Cash Rewards

Con la Tarjeta de crédito Bank of America® Unlimited Cash Rewards, obtén la devolución del 1.5% de todas tus compras y ¡Descúbrela aquí!

Keep Reading
content

Applied Bank® Unsecured Classic Visa® credit card full review: should you get it?

Rely on the Applied Bank® Unsecured Classic Visa® credit card to build your credit, regardless of your current score. Know more!

Keep Reading

You may also like

content

Buy cheap Hawaiian Airlines flights: easy step by step

Find out how to buy cheap tickets for flights on Hawaiian Airlines and get 20% discounts on vacation stays and many other advantages!

Keep Reading
content

The current inflation rate in the US may be slowing down: here’s what you need to know

After an all-time high, the current US inflation rate appears to be slowing. Understand what you can expect in the coming months.

Keep Reading
content

BlockFi Rewards Visa® Signature Card full review: should you get it?

The BlockFi Rewards Visa® Signature Card rewards your ordinary purchases with highly valued digital currencies. Find out more here!

Keep Reading