Avant Credit Card is a good choice for those with limited credit, this card will help users to build their credit score. If you are looking for such, this is the best credit card that is issued to applicants by WebBank.
Although this Credit Card does not require any first deposit it still charges an annual fee. Make use of this opportunity to build and improve your credit with Avant Credit Card and stand a chance to receive other rewards that come with using the card.
About Avant Credit Card
With a fair or average credit score, a short credit history, or both, the Avant Credit Card is an unrestricted credit card made for you.
There aren’t many more advantages, despite the fact that it doesn’t require a deposit and that prudent usage of it can help you develop credit.
On the plus side, the Avant card has a higher starting credit limit than a few other unsecured cards for people with bad credit.
Furthermore, if you manage the card wisely, you could be able to gradually boost your credit limit, which will benefit the way you use your credit.
The card has no deposit requirements and even lets you check your preliminary approval status without performing a hard credit search, so you may learn more about the quality of your credit.
Avant Credit Card Features
There are so many unique features that come with the credit card issued by WebBank. This makes the credit card stand out amongst the many available variables.
Below are some of the features that Avant Credit Card offers to its diverse users, they include;
- There are no hidden fees or extra charges that are linked to the credit card.
- It is best for rebuilding, building, and improvement of credit score
- It gives all especially those with poor or limited credit the opportunity to prequalify and apply for a credit card
- Avant Credit Card reports to the three Credit Bureaus
- It is safe and secure to transact with
- Avant Credit Card gives no penalty APR
- Zero Fraud Liability for unauthorized charges
- Periodically, we may check your account to see if your credit line has increased.
- swift and simple application procedure
- By using it responsibly, you can help to improve your credit history.
- Zero liability for fraud including illegal charges
- Easily pay your card with our online site, which is open 24/7.
- Mastercard offers Mastercard® ID Theft Protection.
- You will be made aware that any interest you pay will never be less than $1. 3% cash advance fee, minimum of $10
- The eligibility check has no impact on your credit score.
- WebBank, a member of the FDIC, is the provider of Avant-branded credit products.
Avant Credit Card | Current Welcome Offer
As of recently, there is no welcome offer for Avant Credit Card. Although it is expected that all credit cards should have an offer that is not the case with this Avants as it carries an annual charge of $59.
Customers who make use of the Card do not have to fear the extra charges that are added to cards as Avant Credit Card does not charge for foreign transactions.
There is no security deposit, this is because the Avant Credit Card is an unsecured card that does not require security deposits, unlike secured cards.
Avant Credit Card Reward Rate
There is no rewards program available for this card. There are better and many options that are available for a person who might want a reward credit Card and The Capital One Quicksilver Secured Cash Rewards Credit Card might just be a better option for you if you’d prefer a card that allows you to accumulate rewards for your purchases while improving your credit.
The credit card provides 1.5% cash back on all daily purchases and 5% cash back on lodging and rental vehicle reservations made via Capital One Travel (conditions apply).
The Avant card doesn’t offer incentives, so it can be a decent option for someone who wants to concentrate only on improving their credit.
It can always help you establish credit so you can eventually be approved for cards with better features as long as you pay your payment promptly and in full each month to avoid high-interest rates.
How to Apply for an Avant Credit Card | Build a Credit Score with an Avant Credit Card
This Credit Card has a credit limit of $300 and it annual fee of $59 which is rated based on the creditworthiness of the customer.
Avant Credit card makes its application process very easy, simple, and accessible and it reports to the three major bureaus which makes it a little bit more secure and safe to operate with.
Here a simple and easy steps to follow as you want to get the Avant Credit card:
To Prequalify for an Avant Credit Card is a self-click that can be achieved in a few minutes when you visit the official website of the platform. To know if you are eligible to get the card online.
At this stage, you can prequalify without a hard credit check but this does not mean that the card application will be approved instantly. This must be done in order to make sure that there are no hindering blocks to your getting the credit card.
Reports to Major Credit Bureaus
All Avant Credit Card Users’ payment histories and card usage information are reported to the three major Credit Bureaus, this helps to boost their credit scores.
Proactive Credit Increases
This credit Card allows you to know when you qualify for a higher credit limit and it can be rated based on the Creditworthiness that you have built and your credit score and history.
Avant Credit Card Rates and Fees
The Avant Credit Card’s variable APR, which applies to both purchases and cash advances, is 30.24 percent, which is high when compared to the national average for credit card interest rates.
If at all attainable, you should try to avoid carrying a balance. The card contains late fines of up to $39 in addition to a cash advance cost of 3% of the cash advance amount or $10, whichever is greater.
This card has an annual fee that can range from $59 to $99, depending on your creditworthiness. So before applying, it’s wise to check out different unsecured cards for fair credit.
Alternatives to Avant Credit Card
- Capital One Platinum Credit card
- Prosper Credit Card
- Capital One Quicksilver Cash Rewards Credit Card
- Discover It secured Credit Card
- Chase Freedom Flex Credit Card
- Citi Double Cash Card
Avant Credit Card is mainly for those who want to improve their poor and limited credit score. It is the best choice when it comes to good credit cards that customers can easily manage and utilize.
This particular credit card charges an annual fee of $59, so if you are looking for a card that does not allow fees then you should try secured cards.
Avant Credit Card is known as an unsecured card as it does not pay a security deposit as the secured cards do.
To check the application process for Avant Credit Card, read this article carefully and see how you can go about it. Drop a comment too to keep updated.