DETAIL
Enjoy the opportunity to establish a solid credit rating with Wells Fargo Secured Visa Credit Card with Escrow.
Learn more about this card:
Annual fee: $ 25 charged once a year for maintenance of the account and for any special service.
Annual Percentage Rate and Balance Transfer: Currently a 19. Variable 24%.
Annual Percentage Rate: 19.24%
Usually we apply your minimum payment first to lower balances, such as purchases, before balances with higher interest (eg cash advances).
Minimum interest charge: If you are charged, the charge will be less than $ 1.00.
PROS
- Excellent choice to start a credit history.
- Spacious chances of getting a credit card with more benefits, with the use of Escrow.
- It can be used anywhere Visa cards are accepted.
- If you manage a conversion of the card, we will refund the security deposit.
CONS
- It requires a minimum deposit of $ 300 and maximum of $ 10,000
- That deposit determines the limit of your credit card.
- You must pay your bill on time, always, and can not exceed your credit limit.
- Funds for deposit must be available to open your account.
BONUS
Travelers choosing this card should note that you can not withdraw funds from your security deposit