Platinum Zero® Secured Visa® Credit Card from Applied Bank® Review
Issued by
  
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Overall Rating:   Benefit Rating:  |
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The Platinum Zero® Secured Visa® Credit Card from Applied Bank® is a secured card. This card is designed for those with limited or poor credit history.
The major benefit of this card is that there is a 0% APR on purchases. Also, unlike most secured credit cards, this card provides additional services and benefits, including online account access and various fraud protection services. A downside is that this card does not pay interest to the deposit amount, which sets it apart from other secured cards that do.
Those who do not mind accumulating finance charges once a transaction is posted will benefit most from the very low rate that the Platinum Zero® Secured Visa® Credit Card from Applied Bank® has to offer.
The major benefit of this card is that there is a 0% APR on purchases. Also, unlike most secured credit cards, this card provides additional services and benefits, including online account access and various fraud protection services. A downside is that this card does not pay interest to the deposit amount, which sets it apart from other secured cards that do.
Those who do not mind accumulating finance charges once a transaction is posted will benefit most from the very low rate that the Platinum Zero® Secured Visa® Credit Card from Applied Bank® has to offer.
Review Date: October 17, 2011
Note: The review on this card was updated on October 17, 2011. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
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Intro Rate (Intro APR):
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No Introductory Rate Available |
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Additional Intro Details:
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n/app |
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Purchase APR:
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0% (Fixed) |
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Cash APR:
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9.99% (Fixed) |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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See Terms |
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Annual Fee Details:
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Billed at $9.95 per month ($119.40 Annually) |
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Grace Period:
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None |
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Over the Limit Fee:
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Up to $35 |
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Cash Advance Fee:
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The greater of $5.00 or 5% of each Cash Advance which includes, but is not limited to, ATM and convenience check usage. |
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Application Fee:
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$0 |
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Participation Fee:
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$0 |
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Total First Year Fees:
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$119.40 |
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Minimum Credit Limit:
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$500 |
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Maximum Credit Limit:
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$5,000 |
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Minimum Deposit:
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$500 |
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Maximum Deposit:
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$5,000 |
| Features |
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Most Attractive Feature(s):
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| Timely credit bureau reporting; No application fee. |
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Least Attractive Feature(s):
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| Minimum deposit; monthly fee. |
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Additional Features:
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| See website for additional benefits. |
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Important Notations
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| See website for complete terms and conditions of card usage and application disclosure. |
| Additional Information |
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Apply Online for the Platinum Zero® Secured Visa® Credit Card from Applied Bank® from Applied Bank See other Secured Credit Cards See other Credit Cards Issued by See other Visa Credit Cards |