Page 15 - Credit Builidng Toolkit By Adrean Yancy jr 3

Credit Buidling Toolkit

What is more, the card has one of the highest maximum credit limits of $10,000.
That's ridiculous, right? Why not check it out for yourself here. The fact that Chime
reports to the three major bureaus makes it a perfect choice for anyone with no
credit or poor credit, as well as those willing to improve their credit score. The

automatic monthly payment perk is designed to help consumers pay in time and
build their credit scores.

Reward: No reward program
Annual fee: No annual fee

Interest rate: $0
Deposit requirement: $0

Pros
. It reports to the three major bureaus.
. It doesn't charge an annual fee or transaction fee.

. It does not run a check on a consumer's credit history.
. Chime has an available-to-spend feature that prevents you from high credit
utilization issues.

Cons

. No signup bonus.
. It has no reward package.
. To be eligible for this card, you have to open a Chime spending account.

5. Platinum Capital One MasterCard

Platinum Capital One MasterCard is for anyone with average credit and is looking
forward to building a good or excellent credit score. The card provides consumers

with many benefits, such as travel benefits for those who enjoy traveling, accident
insurance to protect you against unforeseen happenings, and roadside assistance
coverage at zero cost.

Do you know that statistics show that the average American spends between $1800

- $2000 on a week's vacation or travel? So, if you are a consumer who travels a lot,
this card is for you. Platinum Capital One MasterCard will save you some money
while traveling compared to other secured MasterCard with no traveling benefits—
and to even think that it charges $0 on transactions done outside of the U.S. makes
it a befitting traveler's card.

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