There are so many credit cards on the market, but the truth of the matter is, not all of them are user-friendly. There is, however, a specific credit card that has low rates, is accepted worldwide and is super easy to build credit with. This is none other than the U.S Bank Secured Visa Credit Card.
Have you had a hard time trying to build your credit score up? Are you looking for a credit card that comes with unbeatable perks and incentives? If that is you, then this credit card may be right for you.
Read on to find out more about this credit card and how you can apply today.
Benefits and Features of a U.S. Bank Secured Visa® Credit Card
One of the biggest concerns that come with owning a credit card is financial security and safety. Luckily, you do not have to worry about the security of your credit card with U.S. Bank.
Once you register with online banking, you will be able to monitor and transact online via their mobile app, without having to make trips to your bank. Furthermore, there is a 24/7 helpline to assist you if you suspect any fraudulent activity going on.
Are you the kind who keeps forgetting payment dates? Worry no more, because with this credit card there is a provision where you can set automatic payments so that you don’t have to incur any interest or late fees.
Additionally, if you register with online banking, you will be able to get your TransUnion Credit Score at absolutely no cost. Furthermore, you will receive email alerts in case there are any changes to your credit card.
With this credit card, it is entirely up to you to choose which payment due date is suitable for you. As if that is not enough, they assure you that you will not be responsible for any unauthorized transactions if your credit card is stolen or lost.
Now that you’re familiar with some of the great perks of this U.S. Bank credit card, read on to find out about eligibility and how to apply.
Eligibility and How to Apply for a U.S. Bank Secured Visa® Credit Card
As long as you are eligible, applying for this credit card is super easy and straightforward. First, you are supposed to be 18 years and above and a U.S citizen. You also must supply your social security number and be able to apply with a minimum $300 fund to secure your account.
To apply, go online and visit the U.S. Bank website. For more detailed information or any other questions regarding eligibility that you might be having, refer to their website.
U.S. Bank Secured Visa® Credit Card Fees & Charges
To successfully build your credit score, it is always advisable to pay your credit card on time to avoid incurring extra bank charges.
Take a look at this overview of rates and fees you can expect with this credit card.
- 21.24% variable APR based on the prime rate
- 21.24% variable APR for balance transfers based on the prime rate
- 26.24% variable APR for cash advances based on the prime rate
- $29 annual fee
- $39 Late Payment
- 2% fee for each foreign purchase transaction (U.S. dollars) and 3% fee for each foreign purchase transaction (foreign currency)
- 3% or $5 balance transfer fee
- 3-4% or $5-$20 variable cash advance fees
For more information on bank fees and other factors to consider, visit the U.S. Bank website.
U.S. Bank corporate headquarters are located at 425 Walnut Street in Cincinnati, Ohio.
Overall, maintaining a good credit score is very important for so many reasons, and the U.S. Bank wants to help you achieve this goal. Head to their website and apply for the Secured Visa Credit Card today.
Note: There are risks involved when using credit products. Consult the bank’s terms and conditions before applying.