Credit Cards

OppFi® card review: No security deposit required

Read this OppFi® card review and find out how you can get this card with no security deposit even if you have bad credit.


by Danilo Pereira

Published on 11/29/2022

An easy access card with a high annual fee and mobile banking features

OppFi® card
Learn everything about OppFi® card. Source: The Post New.

This card is not the first option you should consider if you are looking for a card that accepts applicants with bad credit. Check out our OppFi® card review.

OppFi® card

How to get your OppFi® card

In this OppFi® card application guide you will learn how to get this card with no security deposit even if you have bad credit.

  • Credit Score: Bad – Poor
  • APR: 35.99% fixed
  • Annual Fee: $99
  • Fees: $5 or 5% cash advance fee (whichever is greater, 2% foreign transaction fee.
  • Welcome bonus: N/A
  • Rewards: N/A

Although this card accepts applicants with poor credit, it does not offer on-going rewards, perks, and it carries a heavy 35.99% fixed APR.

Applicants do not need to make a security deposit to get the card, and the application process has no impact on your score.

OppFi® card: how does it work?

Because the OppFi® card is an unsecured card for the least creditworthy consumer, it poses a risk for lenders. Risk factors are usually responsible for higher rates on credit cards.

However, the 35.99% fixed standard APR that this card offers is hard to justify.

Individuals with poor credit frequently carry a balance, and incurring such high interest can make it impossible to repay depending on the cardholders financial situation.

If you borrow at a high interest rate, you risk getting trapped in debt. The card says it offers a credit line of $1,000.

While this is true on the surface, if you take a look under the hood you will learn that your real limit is $901, as the annual $99 fee is taken from your credit limit.

If the fact that you have poor credit has been making it hard for you to find other revolving credit products with a $1,000 credit line, try building using a secured card.

Once you have improved your credit, apply for an unsecured card, preferably without an annual fee, and most definitely without a high APR such as this one.

This credit card does not offer any ongoing rewards or welcome bonus. It does, however, offer mobile and online banking.

Significant benefits and disadvantages of the OppFi® card

OppFi® card
This credit card has a great mobile app to manage your expenses. Source: The Post New.

Now you are familiar with the details of this card. However, our OppFi® card review would not be complete without a comparison between this card’s pros and cons.

So have a look at the list of benefits and disadvantages we have prepared for you below.



  • It does not require a security deposit
  • Offers mobile and online banking
  • The application does not impact your credit score
  • Accepts applicants with bad credit


  • Charges a $99 annual fee
  • 2$ foreign transaction fee
  • High interest rate

Is a good credit score required for applicants?

The OppFi® card was especially designed for individuals with credit scores that fall within the category of Poor and Good credit.

Therefore, it does not require applicants to have Good credit.

Learn how to apply and get a OppFi® card

So, do you like what you have seen in this OppFi® card review? If so, you might want to take the next step and apply for this card.

Click the link below, and learn how to get this card with our application guide.

OppFi® card

How to get your OppFi® card

In this OppFi® card application guide you will learn how to get this card with no security deposit even if you have bad credit.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

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