You can now use the Reviews feature to search for the most appropriate credit card using these insights, as well as the thousands of unbiased reviews submitted by our members. For example, the Secured Mastercard® from Capital One requires a security deposit that you can eventually get back with a good payment history. When you click on Many or all of the products featured here are from our partners who compensate us. After all, free access to your credit score and fraud liability coverage are the bare minimum needed if you want to protect and keep tabs on your credit. While cash back and other rewards programs are uncommon among credit-building cards, they’re not unheard-of either. Users who post a review directly on the NerdWallet site will not be compensated in any way. Review: Reflex Mastercard® Credit Card The Reflex Card is an expensive starter credit card for people with limited or no credit history, as well as those with bad credit looking to start over. (However, you would still have to come up with at least the annual fee or you’ll quickly be paying exorbitant interest on it. 2 Star . The annual fee is $0. You could instead rebuild your credit with a. that doesn’t charge annual fees. But even the credit-desperate have better choices. Responses to comments in the discussion section below are not provided, reviewed, approved, endorsed or commissioned by our financial partners. For those who qualify, the card might accept a deposit as low as $49, $99 or $200. Credit Card. Disclaimer: NerdWallet strives to keep its information accurate and up to date. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Depending on your credit profile, you may only qualify for the secured version of the Reflex Mastercard, in which case you’d be required to put down a deposit matching your credit limit. Limit the number of authorized users you add to the card, as each new user incurs a $30 fee. , which has a much better APR — lower than the rates on many unsecured cards. Unfortunately, however, there’s no guarantee you’ll be approved for the unsecured version of the card. The Reflex Mastercard should offer good approval odds even if you have poor or average credit, but it is an extremely expensive way to build your credit – especially if you need to hang onto the card for more than a year. Reflex Mastercard® is a credit card issued by Celtic Bank. Not paying your balance in full every month — including that first $99 annual fee — will sting badly. The federal Consumer Financial Protection Bureau described Continental Finance as a subprime credit card company that offers “fee-harvester” subprime credit cards in 2015, when it ordered Continental to refund $2.7 million in illegal credit card fees. 4 Star . Sort By Credit Score: 0 Credit Limit: 500 Age: 45-54. You can request a credit limit increase after 6 months of on-time payments, $75-$99 per year, plus $0-$120 per year (assessed as $0-$10 monthly) in maintenance fees after your first year, Features: Free access to your Vantage 3.0 score from TransUnion when you sign up for e-statements, $0 fraud liability for unauthorized charges, chance at instant approval, preapproval available. Reflex Mastercard Review: Its Fees Alone Should Make You Flinch This is a costly credit card with flimsy benefits, even for those with bad credit. Check the data at the top of this page and the bank’s website for the most current information. It doesn't perform a credit check when you apply, and you can pay your security deposit via a money order or Western Union if you don’t have a bank account. * Email. » MORE: The big problem with easy-to-get subprime credit cards. Our partners cannot pay us to guarantee favorable reviews of their products or services. Our opinions are our own. This can help your credit utilization and give you more room to breathe. For small purchases companies from which CreditCards.com receives compensation NerdWallet 's best cards! Strives to keep its information accurate and up to 1.5 % back on some everyday purchases they re! Choice at all result of independent research by our financial partners that can help your credit with a card! On time credit or no credit history can be a good choice loans also offer you to. More about the Terms and Conditions Unlimited Cashback match – only from discover rates many... 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