Reflex Mastercard – A Credit Card for Bad Credit

Reflex Mastercard is a credit line that's specifically for those with low credit scores. It will double the credit limit for you after six months. But, to be approved, it requires that you have a valid checking account. The annual fee is small. Read on to learn more about this credit card for bad credit.

Reflex Mastercard, a credit card that is available to people with bad credit, is the Reflex Mastercard

Reflex Mastercard can be used to help those with poor credit. The card has a low interest credit line and a credit limit between $200-$1,000. After six monthly payments, the amount is automatically increased. Reflex Mastercard is the only card that offers this benefit. However, the card has high fees and an annual cost.

Reflex Mastercards are not suitable for those with poor credit. The interest rate is quite high, despite the fact that the card has a low initial credit limit. Eligibility is subject to strict criteria, including a credit check and a review of your credit history. A pre-qualification can be applied for if you are concerned about your credit rating.

It doubles your credit limit after 6 months

Reflex Mastercard credit credit cards offer credit limit increases after six months' on-time payment. This feature will help improve your credit utilization as well as save you money on interest. However, this credit card comes with a $30 annual fee for each authorized user. You should pay the entire balance each month to avoid paying high interest rates.

Reflex Mastercard - An unsecured credit cards that are not suitable for those with exceptional credit. It is intended for people with low credit scores and a credit limit of $1,000. Your credit limit will double if you follow the guidelines and have good financial habits. This card also reports your balance and payment history to all three credit bureaus.

The annual fee is payable

Reflex Mastercard charges a $30 annual fee per card. After six months, you will see your credit limit increase automatically. This is an important feature for those who are concerned about credit utilization. If you don't make your payments on the due date, you could end up paying late charges. These late fees can add up to nearly 30% to your balance. In order to avoid paying high interest rates, it is crucial to pay your balances every month in full.

The application process for the Reflex Mastercard is quick and easy. By completing the free prequalification application, you can determine if your credit is eligible before applying. It won't affect your credit score and only takes a few moments to complete. Once your application is approved, you will receive your new card and be informed of your decision. You can activate your card in seven to ten days.

It requires a checking account to be approved

Reflex Mastercard is a credit card from Celtic Bank that comes with a variable interest rate and a small credit line. You can use it to build credit even if your credit score is not great or you don't have one. Paying on-time on your balance can help you build your credit score.

Reflex credit cards can be applied online or by phone. Your Social Security number, birth date, and employment information are required to apply. Within two to three days of submitting your application, you will receive a decision. Reflex Mastercard has many benefits including no monthly fees.

It covers $0 of fraud liability

Reflex Mastercard offers a variety of benefits, including zero liability for fraudulent transactions. Once you open an account, you can use it in any Mastercard-accepting establishment. After six months of on-time payments, you may be eligible for a higher credit limit. Your score is based upon the total amount of credit available. A higher limit on credit can help you improve both your score as well as the percentage of credit you have available. Reflex Mastercard sends monthly reports on your activity to all three major credit bureaus. This will help you quickly improve your score.

Reflex Mastercard has a $30 one time fee. In addition, you receive a free VantageScore 3.0 credit score from Experian. Additionally, you will receive free estatements which include your VantageScore3.0 Credit Score. This feature is a great way to have peace of mind with your Reflex Mastercard.