Extra Debit Card full review: should you get it?

The Extra Debit Card is the first debit card on the market to allow its customers to build credit. However, this is far from the only advantage of this card. Learn more!


Extra Debit Card: the proof that it is possible to build credit with the benefits of a debit card

Extra Debit Card
Learn all about the Extra Debit Card. Source: Extra

A debit card that serves to build credit. In fact, this description is enough reason for you to want to know more about the Extra Debit Card.

Extra logo

Extra Debit Card: check out how to apply!

Learn how to apply for the Extra Debit Card, the first debit card on the market that allows your customers to build credit. As if that wasn't enough, get cashback as your credit score improves.

But that is not all. Indeed, this card offers other benefits like cash back and much more. Learn more about this great option and see if it can help you.

Credit ScoreAll credit types.
Annual FeeSee terms.
Regular APR0%
Welcome bonusNone
RewardsUp to 1% in points.

Extra Debit Card: learn more about this financial product

Indeed, this is a debit card that offers features that most people look for in a credit card. Mainly, this card is made to build credit.

Reporting to two of the top credit bureaus in the country, it’s easy to see your credit score soaring. Curious about how a debit card can generate credit?

We’ll explain. Well, that card is connected to some account of yours. As soon as you make a purchase, the company creates a line of credit and pays for your purchase.

The next day, the purchase amount is deducted from your account. Thus, the payment is recorded in your credit history. That way, you can only spend up to the amount available in your account.

This card also offers a cashback program that refunds 1% of the value of your purchases. Also, this is a debit card. That means you have 0% APR forever.

This product does not require a secured deposit or credit check. Finally, it is a Mastercard card, accepted in practically all establishments.

Extra Debit Card features

Couple using cellphone/tablet and card in black
Learn more about the card’s pros and cons. Source: Extra

Indeed, this card is one of the pioneers in the market to offer debit and credit building services in the same product. However, there are some “weak spots” on this card that you need to know about.

Take a look at the lists below to understand what we are talking about:

What are the benefits? 

  • Extra is the first debit card that helps you build your credit and earns reward points.*
  • Earn up to 1% back** in redeemable reward points with every purchase and spend your points on everything from Apple Airpods to Beauty products in the legendary Extra Rewards store.
  • Extra is compatible with over 10,000+ banks* across the United States—keep your money where you want, while spending smarter with Extra.
  • No Credit Checks.
  • No Deposit Required.
  • No interest charges or surprises.
  • *Please refer to Extra Card’s Terms of Service and Cardholder Agreement for additional details.
  • **With Extra’s Credit Building + Rewards Plan.

And what are the drawbacks?

  • High Annual Fee: The minimum you will pay to use this card is $84 per year;
  • To gain access to the rewards program, pay an additional $24 annual fee;
  • The rewards generated can only be used for purchases in the Extra Store virtual store;
  • This card does not report your payments to Transunion, one of the most important credit bureaus in the country.

What credit score do you need to get the Extra Debit Card?

Indeed, applicants for this card don’t have to worry about their credit score. After all, the issuer of this card will not check your credit history or score at any time.

How does the Extra Debit Card application process work?

So, you can apply for this card online. To increase your chances of approval, learn about the basic requirements presented in the review at the link below:

Extra logo

Extra Debit Card: check out how to apply!

Learn how to apply for the Extra Debit Card, the first debit card on the market that allows your customers to build credit. As if that wasn't enough, get cashback as your credit score improves.

Disclaimer: The Extra Debit Card is issued by Evolve Bank & Trust or Patriot Bank N.A. (Member FDIC), pursuant to a license by Mastercard International. Loans provided by Lead Bank. Extra is responsible for credit reporting and reports on time and late payments, which may impact a credit bureau’s determination of your credit score. Rewards points only available with rewards plan.

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


Crypto scams: how the rise in online crimes is affecting society

Crypto scams influence not only victims' lives but society as a whole. Understand how these happen and how to protect yourself!

Keep Reading

Unlocking opportunities: Navy Federal Student Loan Review

Discover the pros and cons of Navy Federal Student Loan in this comprehensive review and see if it’s worth it! Finance up to $120K quickly!

Keep Reading

Upgrade Triple Cash Rewards Visa® full review: should you get it?

Having an Upgrade Triple Cash Rewards Visa® means receiving 3% cash back on purchases that weigh the most on your budget. Learn more!

Keep Reading

You may also like


Earnest Student Loan review: flexibility to realize your dream

See our Earnest Student Loan review, a company that offers flexible payments, gift certificates, and exclusive discounts!

Keep Reading

Key2More Rewards® Credit Card: check out how to apply!

Apply for Key2More Rewards® Credit Card and see your points multiply 5x in a great rewards program with direct 6 months of 0% APR and more!

Keep Reading

Citi® Double Cash Card: check out how to apply!

Apply for the Citi® Double Cash Card and receive 2% cashback on all purchases, no annual fee, 0% APR for the first 18 months and more.

Keep Reading