The surge mastercard, an unsecured card for people with fair or poor credit, is designed to help those who have a bad credit history. This card reports your transactions to the three main credit bureaus.
If you've got bad credit, it can be challenging to obtain a credit card. Many people with low or poor credit scores can only get secured cards that demand large security deposits.
Other unsecured cards can be used to improve your credit score without requiring you to make a deposit. Surge Mastercard by Celtic Bank is one such credit card.
This card allows you to double your credit limit if you maintain your account for at least six months and practice responsible credit practices. A monthly credit report is sent to the three major credit bureaus and you get an automatic account review by the card issuer.
These features can help you improve your credit and build up a good credit history, which is vital for getting approved for mortgages, car loans and other types of credit. Moreover, you can reduce your interest rate to make it easier for you to avoid becoming in debt.
Check to see if this card is pre-qualified before you apply. You will get an idea how much money you can borrow, and how fast you can raise your credit limit.
Surge Mastercard is amongst the few unsecured cards which are easy to qualify and have high approval chances. The application process can be completed online.
This card has a credit limit that is higher than many other unsecured cards, and it does not require a security deposit. These benefits are ideal for those who have fair or bad credit and find it difficult to qualify for other unsecured card.
The annual fee is lower and there are no monthly fees. You will be able to increase your credit score quicker and benefit from better prices on your purchases.
A second benefit is that this card helps you to increase your credit limit. You will have more credit available, and you can make purchases with greater ease. The credit limit on this card ranges from $300 to $1000, depending on the credit history you have and your current credit usage.
This card will also report all of your timely payments to the three major credit bureaus. These reports may help you to increase your credit limit or get more credit in future.
If you're looking for a credit card that will allow you to improve your credit and build up your credit history, then the Surge Mastercard is worth considering.
Surge Platinum Mastercard can be used to build credit. The card doesn't have a rewards program, but the APR is attractive and there is a low fee.
Surge Mastercard, a credit-building credit card, is best used in conjunction with a general credit-building strategy. It is not advisable to use it as your only credit card. You can build credit, earn rewards and avoid fees with this card. However, you need to be aware of all the costs involved before signing up.