More about the Surge Mastercard® Credit Card

• See if you’re Pre-Qualified with no impact to your credit score
• All credit types welcome to apply
• Free access to your Vantage 3.0 score from TransUnion* (When you sign up for e-statements)

• Monthly reporting to the three major credit bureaus
• Fast and easy application process; results in seconds
• Use your card at locations everywhere Mastercard® is accepted
• Checking Account Required

Reviewing The Surge Mastercard

Many consumers have poor credit and are actively trying to improve their credit profile. The responsible use of a credit card may help them achieve this goal. The Surge Mastercard was created for people who have less than perfect credit. The card is issued by the Celtic Bank.

Main Benefits Of The Surge Mastercard

If you’re trying to build or re-establish your credit, getting a card like the Surge Mastercard may help, provided you make your payments on time and your balance stays under the designated credit limit.

The Surge Mastercard reports to all three major credit bureaus on a monthly basis, so any positive steps taken to build your credit will be noted by these agencies.

The card has one of the higher initial credit limits of cards designed for people who have struggled with their credit. And that credit limit may be increased after a year of on-time payments. However, the initial credit limit will be a function of your credit worthiness. Celtic Bank may require a security deposit in order to open your account.

The Surge Mastercard has a relatively easy application process, and applicants may hear whether they were approved fairly quickly.

Main Drawbacks Of The Surge Mastercard

This card has a substantial annual fee for the first year and this annual fee is assessed before you start using your card, thus lessening your credit limit during the first month. The annual fee does drop slightly in subsequent years; however, a fairly steep monthly fee is assessed in year two and beyond.

The APR on the Surge Mastercard is among the highest on the market.

If a security deposit is required due to your credit worthiness, this will make the Surge Mastercard a secured card.

Who The Surge Mastercard Is Right For

Consumers trying to build or re-establish their credit need tools to help them. A credit card that reports to the three major credit bureaus can be beneficial, but it is critical to make payments on time and stay within the designated credit limit. The Surge Mastercard can help consumers, but cardholders must be aware of the extremely high rates and fees associated with the card.