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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!

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by José Gonçalo

Published on 09/11/2022

Applied Bank® Gold Preferred® Secured Visa® card: build your credit!

AppliedBank logo
Learn how to apply for this card. Source: AppliedBank

Apply to the Applied Bank® Gold Preferred® Secured Visa® card and discover the “golden” way to build credit. Count on an extremely low fixed APR card and no APR penalty.

card

Credit card

Applied Bank® Gold Preferred® Secured Visa®

Build credit Low APR

Credit construction with one of the lowest APR on the market (9.99% fixed) without penalty APR.

You will be redirected to another website

Indeed, this card guarantees the automatic approval of any candidate. However, you must meet the following basic conditions:

  • Be at least 18 years old;
  • To live in the USA;
  • Have a budget that allows you to pay balances and fees for that card.

The official website for this credit product does not provide further details on minimum income or maximum acceptable expenditures.

However, it does indicate that verification of your income will be done. Below, understand how the application process for this card works:

How to apply on the website

To apply, go to the Applied Bank® Gold Preferred® Secured Visa® Card official website and click “Get Approved Today!”. You will then access a registration form.

Initially, you provide a valid name, address, email, and phone number. Then click “Continue”. You will then be asked to provide documents to verify your identity, such as your SSN.

In addition, other data about your income and debts will be requested. This complete questionnaire takes 60 seconds to complete.

Typically, you will receive an acceptance response shortly after completing your request. This is not a pre-approval request. This app may lower your credit score temporarily.

How to apply using a mobile app

Person using smartphone/cellphone (apply Applied Bank® Gold Preferred® Secured Visa® card)
Learn how to apply for the Applied Bank® Gold Preferred® Secured Visa® card. Source: Applied Bank®

Customers of this credit card have free access to the Applied Bank Mobile App. In fact, this is a smartphone application that allows you to manage your mobile card.

Pay bills, check balances, and transfer money between accounts. However, this application does not accept applications.

To do so, you must access this product’s website either by computer or cell phone.

Applied Bank® Gold Preferred® Secured Visa® card vs. Discover it® Secured card: choose which one is best for you

Indeed, the credit card market is extremely competitive. Thus, customers have a good number of options to evaluate and compare.

To assist you in this work, we made a comparison between two widely used and referenced cards. In the table below, it is possible to compare them in their main characteristics. Take a look:

Applied Bank® Gold Preferred® Secured Visa®Discover it® Secured
Credit ScoreNo minimum credit scorePoor (300-629)
Annual Fee$48$0
Regular APR9.99% (fixed)25.24% (variable for purchases)

Balance transfer intro APR of 10.99% for 6 months after first transfer (for transfers made before December 10, 2022). After that, 25.24% APR for balance transfers
Welcome bonusNoneYou can double the number of rewards earned in the first year (Cashback Match)
RewardsNone2% cash back on gasoline and restaurants up to $1,000 per quarter; 1% unlimited on other purchases

Does Discover it® Secured sound like a good fit for you? If so, check out how to apply for it in our post below!

Discover it® Secured credit card

Discover it® Secured card: check out how to apply!

Earn rewards without worrying about annual fees. Learn how to apply for one of the best cashback cards for building credit: the Discover it® Secured card!

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.

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