When it comes to your credit, it’s important to have a card that works for you. The Applied Bank® Gold Preferred® Secured Visa® Credit Card is perfect for those who want to build or strengthen their credit. With a modest annual fee and a low fixed interest rate, this card has everything you need to get your finances back on track.

So if you want to start your path on the way to a better and healthier financial future, keep reading our Applied Bank® Gold Preferred® Secured review to learn what this product can do to help you get there. 

The Gold Preferred® Secured Visa® Credit Card is a secured credit card, which means you need to make a security deposit in order for it to work. The security deposit is the same as your credit line. Applied Bank requires a $200 minimum, but you can choose an initial spending limit up to $1,000. Over time, you can increase that amount up to $5,000 with additional funding. 

The card charges a $48 annual fee and has 9.99% fixed APR. For people with bad or no credit history, this product can be a powerful ally in building and repairing a damaged credit score. The bank doesn’t perform a credit check and reports all payments to the credit bureaus. Therefore, approval rates are higher for everyone who needs to start doing some damage control on their personal rating. 

The Gold Preferred® Secured Visa® Credit Card has a number of features that make it a great option for people who are rebuilding their credit. But there are also some drawbacks to consider before applying. Let’s take a closer look at the pros and cons.

There is no minimum credit score required. Applied Bank doesn’t even perform credit checks on new applications. Therefore, all credit levels are welcome to apply for this product. 

After learning everything this card has to offer, it’s time to learn about its application process. You can find out if you’ve been approved in just a minute for a new card, and the online process makes it all much easier. Follow the link below for more details!