Wells Fargo Secured Visa Credit Card. Credit Target. Type. Annual Fee. BT Intro APRPurchase Intro APRRegular APRRewards. Poor Credit. Secured$2. N/A*N/A*1. 9. 9. 9%*None.
Quick Summary: This Store offer is issued by Wells Fargo. This is a secured card that does not issue a traditional line of credit. Rates may vary among applicants, however the lowest standard APR is 1. Variable)*. Important Rates: There is not an introductory APR for this card, so the lowest or standard rate may apply immediately or after the grace period for eligible purchases. There is an annual fee of $2. Rewards: This is not a rewards card. It is normal for cards for fair and poor credit histories to not offer rewards.
Credit Record Needed: Based on the FICO score recommendation, applicants should have a recently clean credit record, with no recent negative marks on their report. However the card issuer may expect limited discrepancies. A FICO credit score of 6.
There are a number of other factors that this issuer may also consider when making decisions for approval. While your FICO score is usually a very important factor, you may want to consider other areas that may affect a decision for approval. For example, your debt to income ratio, recent credit inquiries, 3. FICO scores/credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for.
However, a credit score alone does not guarantee or imply approval for any Wells Fargo product. Other Basics: The grace period listed for the Wells Fargo Secured Visa® Credit Card is at least 2.
So interest charges will not be applied for new purchases during this time. Uses for this type of card may include budgeting funds, adding deposits for later use, building a credit rating (if issuer reports to the credit bureaus), and possibly more. This is a store or catalog card, not a traditional credit card. Acceptance of this card is normally bound to the merchandiser. Approval Rate: There were 1. They provided us with helpful qualification information, including their credit scores, the rates offered to them, household income and more. This card has a poor approval or acceptance rate.
This could be due to the fact that applicants changed their decision after wanting a traditional credit card such as a Visa, Master. Card, Discover Card or American Express card. Furthermore, if your FICO score is close to or higher than 6. Approval Time: Approval time for this offer is not listed.
You should expect a final credit decision within a couple of. Community Opinion: Based on community reviews, we found that.
Wells fargo secured business credit card - Start making your own internet bussines today! Be your own boss! No Pagar Intereses Tarjeta De Credito on this page. How Does Wells Fargo Secured Credit Card Work? The Wells Fargo Secured Card has an annual fee. Wells Fargo Secured Credit Card.
If you’re trying to establish or rebuild your credit, you’ve probably heard that a secured card is a good way to get started. Read on to learn more.