Tag: fraud liability protection

  • First National Bank Secured Visa

    First National Bank Secured Visa

    Comprehensive Overview of the First National Bank Secured Visa Credit Card

    The First National Bank Secured Visa is a notable credit card option designed primarily for individuals looking to build or improve their credit scores while enjoying manageable credit features. Issued by First National Bank, this secured card provides a solid foundation for responsible credit use.

    Card Type

    This card falls into the category of secured credit cards, making it an excellent choice for those who might have a limited credit history or a less-than-perfect credit score. Secured cards often require a cash deposit that acts as collateral, which sets them apart from unsecured credit cards.

    Annual Fee

    The First National Bank Secured Visa has an annual fee of $29. This fee is relatively standard for secured credit cards, and considering the potential credit-building benefits, it can be seen as a worthwhile investment.

    Rewards Program

    This card does not operate a traditional rewards program as seen with cashback or travel reward cards. Instead, its primary focus is on helping cardholders establish a credit history. Users benefit from timely reporting to credit bureaus, which plays a crucial role in improving credit scores over time.

    Sign-Up Bonus

    Unfortunately, the First National Bank Secured Visa does not offer a sign-up bonus or introductory offer. Its structure emphasizes credit building rather than rewards or bonuses.

    APR (Annual Percentage Rate)

    The regular APR for the First National Bank Secured Visa is 23.99%. This rate can be high compared to some other credit options, so users are encouraged to pay their balances in full each month to avoid accruing interest. There are currently no introductory APR offers available for new cardholders.

    Foreign Transaction Fees

    When utilizing the First National Bank Secured Visa internationally, cardholders should be aware that it incurs a foreign transaction fee of 1%. This could be a consideration for frequent travelers.

    Balance Transfer Options

    This secured card does not provide any promotional balance transfer offers, such as 0% APR transfers. Users seeking to consolidate existing credit card debt may need to look for alternative options.

    Additional Fees

    Aside from the annual fee, the First National Bank Secured Visa has additional important fees, including late payment fees up to $35 and cash advance fees of either 3% of the amount of the cash advance or $5, whichever is greater.

    Card Benefits and Perks

    While the First National Bank Secured Visa may not have extensive luxury benefits found in premium cards, it still offers essential features such as fraud liability protection. This safeguard ensures that cardholders are not responsible for unauthorized charges made with their card.

    Customer Protections and Insurance

    In addition to fraud liability protection, cardholders will benefit from purchase protection, which safeguards new purchases against damage or theft for a certain period. Furthermore, users can enjoy rental car insurance when the card is used to pay for the rental.

    Eligibility and Credit Score Requirements

    To qualify for the First National Bank Secured Visa, applicants typically need a credit score in the range of 300 to 669, making this card accessible for those who are new to credit or looking to rebuild their scores. The application process is straightforward and designed to foster positive credit habits.

    Introductory Offers

    As mentioned earlier, the card does not provide any introductory offers or 0% APR promotions, which is typical for secured credit cards focused on credit building.

    Special Features or Unique Selling Points

    The key selling point of the First National Bank Secured Visa is its role in helping users build or rebuild their credit profiles. Additionally, the card requires a cash deposit that becomes the credit limit, providing a structured way to manage spending.

    How to Apply

    Applying for the First National Bank Secured Visa is a simple process. Interested individuals can apply online or visit their local branch. To start your application, visit the UpCube.net.

  • First Community Bank Secured Mastercard

    First Community Bank Secured Mastercard

    First Community Bank Secured Mastercard: Comprehensive Overview

    The First Community Bank Secured Mastercard, issued by First Community Bank, is designed specifically for individuals looking to build or rebuild their credit. As a secured credit card, it offers a pathway to financial empowerment while providing essential features and benefits for users. Below, we delve deeply into the various aspects of this credit card, highlighting its offerings for prospective users.

    Card Type

    This card is classified as a secured credit card. Unlike traditional credit cards, a secured card requires a cash deposit as collateral, which serves as your credit limit. This structure can be a viable option for those with limited credit history or a previous negative credit profile.

    Annual Fee

    The First Community Bank Secured Mastercard does not carry an annual fee, making it accessible to all users. This characteristic is particularly appealing for individuals who want to establish credit without incurring extra costs.

    Rewards Program

    While secured credit cards typically do not have extensive rewards programs, the First Community Bank Secured Mastercard offers a basic rewards structure that allows cardholders to earn cash back on qualifying purchases. Users can receive a percentage of their spending back, providing an incentive for responsible credit usage.

    Sign-Up Bonus

    This card does not have a sign-up bonus as commonly found in other unsecured cards. However, the primary focus is on helping users build their credit over time, rather than immediate rewards.

    APR (Annual Percentage Rate)

    The First Community Bank Secured Mastercard features a competitive standard APR of around 15.99% to 24.99%, depending on creditworthiness. It is advisable to check the exact APR during the application process, as it may vary based on the individual’s credit profile.

    Foreign Transaction Fees

    Cardholders should be aware that the First Community Bank Secured Mastercard imposes a foreign transaction fee of 3% on all purchases made outside of the United States, which is a common fee structure for many credit cards.

    Balance Transfer Options

    Currently, there are no promotional balance transfer offers associated with this card. However, users can inquire directly with the bank for any evolving options regarding balance transfers.

    Additional Fees

    The card does have several ancillary fees, which include:

    • Late Payment Fee: Up to $35
    • Cash Advance Fee: 5% of the transaction or a minimum of $10

    Card Benefits and Perks

    While secured cards generally lack extensive benefits, the First Community Bank Secured Mastercard offers users some essential protections, including:

    • Fraud Liability Protection: Cardholders are protected against unauthorized transactions.
    • Concierge Services: Access to help with restaurant reservations, travel arrangements, and more.

    Customer Protections and Insurance

    Users benefit from several customer protections, such as:

    • Purchase Protection: Offers coverage against theft or accidental damage of new purchases.
    • Travel Accident Insurance: Coverage while traveling, adding an extra layer of security for users.

    Eligibility and Credit Score Requirements

    The First Community Bank Secured Mastercard is geared toward individuals looking to establish or rebuild their credit, making it suitable for those with low to average credit scores (typically 300 “ 650). Additional eligibility criteria may apply, so it is best to consult with First Community Bank directly.

    Introductory Offers

    At this time, the card does not offer exciting introductory offers like a 0% APR on purchases or balance transfers. Users can focus instead on building their credit score as they use the card responsibly.

    Special Features or Unique Selling Points

    One of the key advantages of the First Community Bank Secured Mastercard is its focus on credit building. By providing an accessible secured card option without an annual fee, it presents a significant opportunity for financial improvement. Additionally, it can transition users into unsecured credit options over time based on their credit performance.

    How to Apply

    Applying for the First Community Bank Secured Mastercard is straightforward. Interested individuals can visit the ‘>Apply Here. To explore more credit card insights, visit UpCube.net.

  • Discover it Secured Credit Card

    Discover it Secured Credit Card



    Discover it Secured Credit Card – Comprehensive Overview


    Discover it Secured Credit Card

    Issuer and Card Type

    The Discover it Secured Credit Card is issued by Discover Financial Services, known for its commitment to customer satisfaction and innovative financial products. This card is a secured credit card, designed primarily for individuals looking to rebuild or establish their credit history.

    Annual Fee

    A significant advantage of the Discover it Secured Credit Card is its no annual fee policy, making it accessible for individuals who want to manage their finances without additional costs.

    Rewards Program

    The card features a compelling rewards program that allows cardholders to earn cashback on their purchases. You can earn 1% cashback on all purchases and 2% cashback at gas stations and restaurants up to $1,000 every quarter. The rewards can be easily redeemed for statement credits, gift cards, or cash deposited directly into your bank account, giving you flexibility and value from your spending.

    Sign-Up Bonus

    New cardholders can earn an exclusive cashback match as a welcome bonus in their first year. There are no spending requirements to qualify for this bonus, essentially doubling the cashback earned during the introductory year, significantly enhancing the rewards potential.

    APR (Annual Percentage Rate)

    The standard APR for purchases is competitive, typically ranging from 24.99% variable based on creditworthiness. The card does not offer an introductory APR, so it is advisable for cardholders to pay balances in full to avoid high interest charges.

    Foreign Transaction Fees

    Cardholders can travel worry-free, as the Discover it Secured Credit Card does not charge any foreign transaction fees. This feature makes it an excellent choice for individuals who travel internationally and want to avoid additional costs while making purchases abroad.

    Balance Transfer Options

    Currently, the card does not promote specific balance transfer offers; however, there might be options for transferring a balance at a standard APR rate. It’s recommended to check with Discover for any updates or promotional offers which may apply.

    Additional Fees

    While the Discover it Secured Credit Card has no annual fee, it’s important to note that there may be late payment fees of up to $40 for missed payments and a cash advance fee of either 5% of the amount transferred or a minimum fee of $10, whichever is greater.

    Card Benefits and Perks

    This card comes with several valuable benefits and perks beyond its rewards program. Notable features include free access to a FICO® credit score, which helps cardholders track their credit health and understand how their financial decisions impact their scores.

    Customer Protections and Insurance

    The Discover it Secured Credit Card offers robust customer protections that include fraud liability protection, ensuring that cardholders are not accountable for unauthorized purchases. Additionally, it provides purchase protection and extended warranty coverage for eligible purchases.

    Eligibility and Credit Score Requirements

    To apply for the Discover it Secured Credit Card, applicants typically need to have fair to good credit or a credit score ranging from 580 to 740+. It serves as an excellent option for those looking to strengthen their credit history.

    Introductory Offers

    There aren’t any current introductory offers such as a 0% APR period; however, the cashback match during the first year serves as a valuable incentive for new users.

    Special Features or Unique Selling Points

    One of the standout features of this card is the ability to eventually upgrade to an unsecured card with responsible use. This unique pathway provided by Discover differentiates it from other secured cards that often do not offer such a transition.

    How to Apply

    Applying for the Discover it Secured Credit Card is a straightforward process. Interested applicants can fill out the application form online through the ‘>official website or learn more about financial insights at UpCube.net.