Your search for a commendable card available at an average score ends here!
With YourReflexCard, you don’t need to worry about poor score, no credit history, or long application forms.
Reflex Credit Card was introduced by Continental Finance. It is basically targeted at the people who could not maintain a good credit score. In fact, it is one of the best choices you will find in the market for credit-building.
Note! Reflex Mastercard comes in secured and unsecured version. You are free to choose which one you wish to apply for although secured Reflex card is a better option if you have a poor credit score.
YourReflexCard – Quick Overview
The first most evident thing you will notice about the card is that it has some hefty additional fees involved. What cost do they come at? Is it necessary to pay those? We will check that out. First of all, let us explore why you should still consider choosing this card over other credit-building options?
Luckily the card offers an amazing credit limit of $500. Furthermore, this can easily be improved after responsibly using the card for just a couple of months. Most customers report a credit line increase after 6 months which is much less as compared to other credit cards that require you to wait at least a year.
Secondly, the card is a great option for those who wish to boost credit score fast. It reports to all three major credit bureaus and therefore would help improve your financial standing in front of them.
Furthermore, Reflex card would free you of the worry of fraud liability. You will not be answerable for the unauthorized purchases made via this case in case you have reported it missing or stolen.
Lastly, it allows you to keep an eye on the credit score for FREE! Keeping the score in check is first step towards maintaining a healthy credit report. It lets you see the mistakes you are making so you can figure out a way to amend these.
Reflex Mastercard Credit Card
Requirements
Isn’t this the best part about the card. There are no specific requirements when it comes to YourReflexCard.com. It needs an average score and sometimes, with a stable history, a poor credit score may also work.
Annual Fee
Typically, the card charges an annual fee of $99. It can be low depending on your creditworthiness. Besides annual fee, there are few other charges involved that you might want to take a look at.
For example, you would need to pay $40 for late payment, up to $40 as returned payment fee, and $30 additional cardholder fee. Furthermore, 3% foreign transaction charges are also applied.
Interest Rates
The purchase APR in case of Reflex credit card seems a bit high. You will have to pay 25.99% to 29.9% that is variable. There are also cash advance rate of 25.9% to 29.9%. This is also variable.
Rewards
Unfortunately, there are on rewards available on this card. This is because the card is meant for credit-rebuilding and comes with a poor credit score requirement. Most cards in this class do not offer bonus points or cashbacks.
Security
Reflex card would free you of the worry of fraud liability. You will not be answerable for the unauthorized purchases made via this case in case you have reported it missing or stolen.
Others
Luckily the card offers an amazing credit limit of $500. Furthermore, this can easily be improved after responsibly using the card for just a couple of months. Most customers report a credit line increase after 6 months which is much less as compared to other credit cards that require you to wait at least a year.
Applying For Reflex Mastercard
If you have made up your mind about getting a Reflex credit card then there are two things that you can do. You can wait for a pre-approved mail offer to reach you or you can contact the bank yourself and see if you pre-qualify for the card. Here we will show you how to proceed in both cases.
1. Responding to Pre-Approved Mail Offer
We don’t see any reason why you should hesitate to apply if you have receive a pre-approved mail offer by YourReflexCard. These type of offer mean that you already satisfy some criteria about becoming a cardholder so your chances of approval are quite high.
Note! When banks go through your credit report with the purpose of sending out mail offer, they carry out soft inquiry which does not harm your credit score in any way!
The mail offer would make the application process easy for by letting you skip the part where you need to fill a long form in order to apply. Now you can easily visit www.prequal.yourreflexcard.com and provide just a couple of numbers that would already be available on the mail letter that you got.
This would complete the application process!
Hopefully, you will hear a response from the bank within the first week of application. In case your request was not approved, you would be notified via mail along with the reason for rejection.
Attention! In case you don’t get a response from the bank within 14 working days, you can call and get in contact with their representative. Typically, this means that your information needed further processing before they could reach a decision.
2. Applying Without Mail Offer
In case you have not received the offer in the mail, you can visit official site and see if you pre-qualify for it.
This page would ask you to fill out a form with your full name, address, contact details such as Email ID or phone numbers, zip code, city, state, date of birth, and social security number. In some cases you might also be asked to disclose your monthly income.
Note! In order to get a Reflex card you need to have an active checking account. Therefore, don’t forget to tick this box when completing the application.
Towards the end of the page you would be asked to confirm that you are a legal resident in the US and above 18 years of age. Once you hit the submit button, the bank would inform if the offer is available.
3. Contacting The Bank
Unfortunately, when it comes to contacting the Celtic Bank for Reflex credit card, a P.O Box will not work. You need to apply for it online. However, you can contact the bank for other purposes by posting the letting to the following address:
P.O. Box 3220 Buffalo, NY 14240-3220
You can also easily get in touch with their representative by calling at the toll-free number 1-866-513-4598. This number is helpful whether you want to get answer to your queries or apply for a new credit card.
Note! For more information, you can visit their official website at www.reflexcardinfo.com.
Is It Safe?
Before you respond to the mail offer or apply for the card otherwise, you might feel the need to do some online research and figure out if the credit card is safe to get. Since there are so many fees involved, many customers don’t feel safe doing business with this lender unless completely sure.
We are here to save your time! Instead of letting you do all the work yourself we decided to review the safety of this card for you.
Luckily, Reflex Mastercard is completely secure. You can apply for it without the worry of losing your personal information to an unknown third-party.
Furthermore, the card is covered by $0 fraud liability. If the culprit makes transactions without your authorization, you would not be held responsible or accountable for it if you have already reported a stolen card.
Wrap Up
Undoubtedly, the fees are a bit high when it comes to YourReflexCard. However, many of these can be avoided if you use the card smartly. For example, there is no need to worry about penalty charged if you don’t make late payments. This would also save you from paying higher interest rates.
Besides the additional charges, Reflex card is a treat for those with poor credit score. This is because the card offers easy approval and quick online application. Since it reports to all the three major credit bureaus, it is an option worth considering when you wish to repair the broken credit situation.
However, there is nothing wrong in exploring other options on the table. You should always aim to find a card most suitable to your needs. If you think extra fees can become a problem, we suggest you look elsewhere!
