Looking for Prepaid Credit Card that reports to the credit bureau and has small startup and monthly fees?
by admin ~ June 3rd, 2009 . Filed under: Credit .
xoookissthisooox asked:
I have bad credit and I am working to establish that credit. I’ve heard of the prepaid credit cards that report to the credit bureau, but some are $30 to start the account. I’m looking for the following:
I have bad credit and I am working to establish that credit. I’ve heard of the prepaid credit cards that report to the credit bureau, but some are $30 to start the account. I’m looking for the following:
- Reports to credit bureau, so that I can improve my credit.
- Low start up fee. (Under $10.00)
- Low monthly or annual fee (Under $10 p/month, $60 p/year)
If anyone knows, or has story about a good card, please respond. Thanks.
I appreciate the answers. I am looking for one that does not go through a bank. I don’t want to have to open a new bank account for it. I’m looking along the lines of a mastercard/visa/etc. Thanks.
Shawana Leuy
June 6th, 2009 at 4:54 pm
funny you ask, I was just at my bank yest. (WASHINGTON MUTUAL) and the girl asked if i wanted to sign up for a pre-paid credit card. You put your money into it and use it, or use it as like a savings (which defeats the purpose of the card, but to each it’s own right?) anyway-i already have a debit card and credit so it seemed pointless to me, but she said they report to credit burea, and the start up fee is like 20 bucks. I know my bank is a really good bank to go through. So. . hope this helps!
June 9th, 2009 at 11:16 am
here is one site
acceptmycash.com
they have a secured credit card
line of credit is $300 but with fees you have $50 at the end of transaction number one.
then $50 a year maintenance and $10 a month.
they report to credit bureaus twice a year.
you are better off at the local bank getting a card.
June 10th, 2009 at 2:06 pm
I think the card that you’re talking about is the Eufora prepaid card. It has a credit building program [click here] From what I gathered from the website, it only reports to Transunion and Equifax. I myself think that a secured card would work out a lot better than this, being that I’ve had one before, and I don’t know a whole lot about this. But I’ve posted the links below explaining more about the Eufora card and where to apply
June 12th, 2009 at 12:59 pm
For you good luck.
My friend down untill he applied here he got approved with 300 limit with them with increases every months now everyone turned my friend down untill he applied here he got approved with 300 limit with increases every.