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!

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:

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.

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:

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.

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