Whether you’re a newbie or trying to rebuild your credit score, the PCB Secured Visa is the ideal option for you. Give it a try & learn how to apply today!
Establishing a good credit history is vital to financial success, which is why the PCB Secured Visa card was created. This card provides those that have limited or no access to traditional credit with a way to start building their own positive credit history and experience the many benefits that come with it. Are you looking to rebuild your finances or starting anew? This card could be just what you need. With it, you can make everyday purchases, help with budgeting and most importantly, prevent any future debt accumulation. It’s a great choice for those aiming to get on top of their financial situations.
The primary objective of the PCB Secured Visa is to provide customers and consumers with reliable & quality financial products & services.We aim to bridge the gap between the values from yesteryears and the modern, technological advancements of today. Combining these two different aspects is what this concept envisions. If you’re planning on establishing your credit history, this is the perfect credit card for you! Aside from the numerous privileges and benefits it offers, there’s absolutely no risk involved.
Rates, fees & offers
Although there is an annual fee involved with the PCB Secured Visa credit card, it pales in comparison to all the great features and benefits it offers. Therefore, you should bPaying the annual fee of $39 for your credit card may sound expensive, but it’s definitely worth it. This cost will be taken out of your initial deposit and won’t affect your credit limit. Moreover, you can make full use of all its useful features and easily justify why you made this investment. Your initial deposit of $500 will give you a credit limit of $461. However, if you’re willing to add more money to your account, your limit can go up to $1.000.
A cash advance fee of $0 applies during the first year of using the card. After that, you will be required to pay either a fee of $5 or 5% of the transaction amount, whichever is higher. To avoid paying out extra interest, it’s better to steer clear from making any cash advances. The PCB Secured Visa card stands out in terms of the fees charged for cash advances and is more generous than the offerings from other cards. It is also worth noting that besides interest, there is a separate fee associated with it.
The global transaction fee and cash advance fee are waived for the first year when you use the PCB Visa card. After that period, these fees may reach up to 1% of your total transaction cost. So why wait? Let’s start using this benefit now! In the first 12 months of owning this card, those people with poor or no credit history will find it beneficial, especially if they plan on travelling or living abroad for a period of time; such as, university students who are studying overseas.
More curiosities about the PCB Secured Visa
To be eligible for the PCB Secured Visa, you need to have an active deposit account with PCB Bank. According to Cindy Jager, the bank’s credit card manager, no further relationship with the bank is required but in order to apply for the card a US address will be needed.Furthermore, Jager mentioned that an individual must have an annual income of at least $5,000 to be able to be eligible for the card.
With the PCB Secured Visa, you can start with a deposit of $200 and increase it over time to access more and better services. This way you can better manage your finances and enjoy higher credit & deposit limits. During your initial year, you can deposit up to the amount of your credit limit, at a maximum of $1.000. Afterward, you may increase this up to $5.000.
See how to Apply the PCB Secured Visa
You’re probably now aware of the key advantages and features this credit card offers. It’s time to discover how easy it is to apply for it – the PCB Secured Visa application process is hassle-free and only takes a few minutes. Ready to give it a go? With the help of our comprehensive step-by-step guide, you can conveniently carry out certain tasks right from the comfort of your own home. This not only eliminates prolonged queuing at various offices, but also reduces stress caused by frequent visits to multiple locations.
- To access the Visa official website, visit the PCB Visa website.
- Straight away when you visit the website, there is an option to apply for the card on the homepage.
- Click the “Start Your Application” button to begin.
- It’s time to fill in the necessary details for the institution – including your full name, email address, home address, ZIP Code, mobile & landline numbers. Are you all set?
- Don’t worry! PCB prompts are incredibly simple and intuitive, so it won’t take you long to figure them out. Thanks to their user-friendly design, you’ll find it quite easy to follow along.
- Once you’ve submitted your application proposal, all you have to do is wait for the bank’s response. If approved, it’s time to responsibly enjoy your PCB Secured Visa credit card – it’s time to go shopping!