Applied Bank Secured Visa Gold Preferred

Many people look for a credit card to have the ease of buying something and paying after several days, when they have the money to finally pay the bill.

Others are looking for a full-featured type of credit card, with many rewards, perks, refunds, and more complex than a basic card.

In this case, the Applied Bank Secured Visa Gold Preferred fits as a basic credit card that offers the ease of good credit, with the lowest rate among numerous credit cards, without score analysis or dirty name, being able to pay with peace of mind. Plus, it’s great for anyone starting out in the credit world as it builds up a good credit history and gets rewarded for it up front.

You will discover in practice how this wonderful card works, its advantages, disadvantages, fees, and everything you can do with this credit card in your hands. Are you ready to find out all about the Applied Bank Secured Visa Gold Preferred Credit Card? We’ll explain everything right now.

How does the Applied Bank Secured Visa Gold Preferred work

If you’re here looking for a credit card full of benefits, gigantic perks, countless rewards, lots of cashbacks and miles, I’m sorry, but Applied Bank Secured is not that card.

Now, if you need a credit card to build or rebuild a credit score, take advantage of the good limit and experience it provides, or even if you need another credit card for your expenses, continue with this article.

The Applied Bank Secured Visa Gold Preferred is a simple, convenient and efficient credit card with an annual service fee of $48.00. It’s the lowest rate credit card compared to its competitors, charging a flat 9.99% interest rate so you don’t have to worry about APR increases.

The biggest selling point of the Applied Bank Secured Visa Gold Preferred credit card is that approval is virtually guaranteed. There is no minimum credit score required and no credit checks.

Pros and Cons of using the Applied Bank Secured Visa Gold Preferred

Applied Bank Secured Visa Gold Preferred is here to help you experience the best opportunities in the credit card world, like good credit limits and the chance to boost your credit score. Check out some advantages of using this card:

• Easy approval
• Automatic Reporting to All Three National Credit Bureaus
• Absolutely No Credit Check or Minimum Credit Score Required
• Activate Today with a $200 Minimum Deposit – Maximum $1,000
• 9.99% Low Fixed APR – Your Rate Won’t Go Up Even if You Are Late
• Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime

The advantages of having this card are practical and especially for those who think of taking advantage of building a positive credit history, starting from scratch a new history and taking advantage of good limits.

Main Advantages of using the Applied Bank Secured Visa Gold Preferred

Applied Bank Secured Visa Gold Preferred is here to help you experience the best opportunities in the credit card world, like good credit limits and the chance to boost or rebuild your credit score. Check out some advantages of using this card:

• Automatic Reporting to All Three National Credit Bureaus
• Absolutely No Credit Check or Minimum Credit Score Required
• Activate Today with a $200 Minimum Deposit – Maximum $1,000
• Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime
• Better than Prepaid…Go with a Secured Card! Load One Time – Keep On Using
• 9.99% Low Fixed APR – Your Rate Won’t Go Up Even if You Are Late

Once you have the Applied Bank Secured Visa Gold Preferred in your hands, you can enjoy all this and more. The advantages of having this card are practical and efficient, especially for those who are thinking about building or rebuilding a good credit score and having more credit limits to use on a daily basis.

Cons of using the Applied Bank Secured Visa Gold Preferred

As explained earlier, Applied Bank Secured Visa Gold Preferred is a simple and basic credit card, which means it has a lot of disadvantages when we think about benefits, rewards, cashbacks and other special bonuses.

With Applied Bank Secured Visa Gold Preferred, new cardholders do not receive any rewards or an introductory 0% APR offer, and they also do not offer a grace period – that way interest will be charged as soon as your billing cycle is terminated.

Another relevant problem is its fees, which can weigh on your pocket. Fees include up to a $38 return payment fee, a $30 payment interruption fee, a $12.95 fee for each optional payment, a $30 fee for additional or replacement, a $50 reinstatement fee, and a 3% foreign transaction fee.

How to Apply

As you can see, the Applied Bank Secured Visa Gold Preferred credit card is a very good card for anyone who wants to make their life even easier when it comes to getting credit, even if they have a dirty name and credit.

To get this card, you can apply on the bank’s website and fill in the forms. Approval is almost always at the same time.

Conclusion

The Applied Bank Secured Visa Gold Preferred is a basic, no-frills credit card ideal for those starting out or looking to improve their credit. While it lacks rewards and has several fees, its ease of approval and fixed low APR make it a practical choice for many. If you prioritize building a solid credit history over perks and bonuses, this card could be a valuable tool in your financial arsenal.