The Visa Rewards 660 Credit Card

Credit cards for consumers with no credit or poor credit are becoming more and more popular. Consumers interested in the Visa Rewards 660 card must have a monthly income of at least $1,000. The starting credit limit is $300. The peak credit limit is $2,000. See section 3 regarding Credit Limit Increases in the Terms & Conditions for the updated information on a credit limit increase with the Rewards 660 Card.

Benefits

The Visa Rewards 660 card has several benefits to cardholders who make on-time, minimum payments which are typically at least $40. The Rewards 660 reports to the major credit bureaus Equifax and TransUnion, which can be a big plus for individuals who have a small or no credit rating.

This card also offers the ability for people to obtain a credit card where they might not otherwise be eligible. It is difficult for a consumer with no credit score or a poor credit rating to be approved for credit, and the Visa Rewards 660 card makes that possible.

Costs

The Visa Rewards 660 card comes with a $48 annual fee, and a $15-per-month (180/yr) fee. There is a one-time account set-up fee of $97 and a one-time program fee of $90. These fees may help to ensure that customers are serious about taking on the responsibility of a credit card.

The regular APR for the Visa Rewards 660 card is a fixed 19.92%, which is a little high, but standard for credit cards for high-risk customers. There is a $39 late payment charge, and a $39 over-the-credit-limit fee. There is a grace period of the standard 25 days.

Drawbacks

As with any credit card, there are a few drawbacks. First, of course, are the fees incurred. Although there will always be extraneous fees with a high-risk credit card...

Rewards 660 Visa Card

Rewards 660 is an Unsecured Sub Prime credit card which works best for consumers with fair to poor credit. Initial payment of $40 required before account can be used Proof of minimum $1,000 gross monthly income required to be approved No Fee Credit Limit Increases* $75 Increments As Often as Every 3 Months Automatic Grant Upon Qualification $300 Starting and $2,000 Maximum Credit Limit Fast Online Response Monthly Reporting to Major Credit Bureaus TransUnion and Equifax FREE Online Account Access FREE Online Payments