The #1 Rated Source for Credit Card Information

building credit

Amazon Launches ‘Credit Builder’, a Secured Card with Rewards

Amazon is trying to expand its footprint into the financial market by launching a secured credit card that targets people with limited or poor credit. Consumers who do not qualify for the current Amazon Store Card or Amazon Prime Store Card can now opt for a secured credit card version of these cards through Amazon Credit

Top Features : Good credit or bank account not required; initial security deposit can be as low as $200
Top Features : No annual fee; builds credit by reporting to major credit bureaus; initial security deposit can be as low as $200
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Top Features : Builds credit by reporting to all 3 major credit bureaus; low fixed 9.99% interest rate; no penalty rate
Top Features : Reports to consumer reporting agencies; no fees for making payments
Top Features : No late fees or interest charges; NetSpend Mobile App to manage account, and get text message or email alerts