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Read on and find out how the Self Visa® Credit Card helps you build credit while stashing money in an interest-bearing account.

Self Visa® Credit Card – Easy to qualify and extremely beneficial to your financial health.

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The Self Visa® Credit Card is an excellent choice for those looking to build credit. Whether you have a poor credit history or no credit whatsoever, you can still qualify for this card. It works in a different fashion from traditional secured cards in that it does not require an initial deposit that sets your credit limit!

card

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Have a look at some of the benefits you have access to when you acquire the Self Visa® Credit Card.

No hard credit pull
Relatively easy to qualify
Account constantly reviewed for credit increases
Deposits are kept in an interest-bearing account

You will remain in the same website

There are a few minimum requirements you must meet in order to become eligible for the Self Visa® Credit Card. They have nothing to do with your credit score. Rather, they are internal processes you must go through in order to qualify. First, you must have an active Credit Builder Account which is at least 3 months old. You must have made at least 3 monthly payments in full and on time. Another requirement is that you reach at least $100 in savings in this account (after interest and fees). One of the Credit Builder Account options only requires you to deposit $25 a month, so this might take 4 months instead of 3. Once you meet these requirements and have your Credit Builder Account in good standing, you are eligible for the card.

The Credit Builder Account works as a credit builder loan. In this account you make small installment deposits which it holds in a Certificate of Deposit (CD) at one of Self’s partners. When you join Self and open your Credit Builder Account you will pay a one-time, non-refundable $9 administrative fee. Once you have the account, Self’s banking partners will lend you a small loan which they hold onto until you have paid it in full. Then, in the next month, you will start repaying the loan by making equal payments over a set term, both of which you select upon opening the account. Your payment history is reported monthly to the three major credit bureaus, which contributes to your FICO score. Once you have paid off the loan, you will be able to withdraw your funds (minus fees and interest).

If the Self Visa® Credit Card sounds interesting to you, you should check out our guide to this card’s application. Click the link and we will show you how to do it.

Self Visa® Credit Card

How to get your Self Visa® Credit Card

In this Self Visa® Credit Card application guide you will learn how to easily and quickly apply for this car and start building credit.

If you would like to check out another offer for the sake of comparison, we have another card that will help you build credit. The PCB Secured Visa® card is an excellent pick for those who have less-than-perfect or no credit history whatsoever. Click the link and find out more about it.

PCB secured visa

PCB Secured Visa® card application

Getting a secured credit card is easy, and you'll build your credit score very quickly if you use it responsibly. Learn how to apply for a PCB Secured Visa today.

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