New Visitor
Posts: 1
Registered: ‎06-20-2012

The matrix unsecured credit card

i applied for The matrix unsecured credit card it was denied but I'm able to apply for a secured credit card with a $300

deposit. I would like to kow when is the grace period for me to pay the deposit on this one credit card.

Senior Contributor
Posts: 3,526
Registered: ‎01-19-2009

Re: The matrix unsecured credit card

This is the one thats a Discover card right? II think it maybe too new to know

Established Contributor
Posts: 1,045
Registered: ‎12-30-2007

Re: The matrix unsecured credit card

I'm not sure either, if you google, Matrix credit card, it does have a page with some q & a's..You may want to check that out..



~01/2008 Ficos TU 571-EX 647-EQ 652~
~3/21/2009 Ficos TU 705 EX 702 EQ 692~
~9/9/09 Ficos TU 718 EQ 693 EX???
~06/25/12 Ficos TU 719 EQ 677 EX??
Posts: 88
Registered: ‎06-13-2012

Re: The matrix unsecured credit card

Hey eramirez, just wanted to drop in and give a word of advice based on my secured card journey. First off, how bad are you in need of a credit card? The reason I ask is because I think you should do a little more research before deciding to go with the Matrix card. In my opinion, although it is Discover, the fees are horrendous, and the reviews are not much more flattering either. I maybe a little off on the numbers but I think they're something along the lines of an APR of nearly 30%, an AF of 75 bucks, and a monthly maintenance fee of 12 bucks (144 annually)!!! If you are in dire need and your credit has completely bottomed out and you've been rejected by everyone on the planet then I understand (trust me, I've been there). Out of the 300 bucks they're giving you for a CL, they're taking back 219 in fees!!! But if you're just in the market to get established, take a good look around first. Cap One, in my opinion would be a good place to start for an unsecured card. Keep us posted. We're here to help.

11/16/12: TU - 728 EX - ??? EQ - 748 FICO

In my wallet: Capital One No Hassle Cash Rewards Master Card (500), Orchard Bank Classic Visa (500), Best Buy Rewards Zone Master Card (300), Walmart Credit Card (1000), Paypal Smart Connect Card (1500), Academy Sports & Outdoors Visa (AU) (10,000)
Valued Contributor
Posts: 1,867
Registered: ‎03-30-2012

Re: The matrix unsecured credit card

[ Edited ]

I'd avoid it like the plague...backed by CONTINENTAL FINANCE and will Edited you with use your own money, none the less.


If you're looking for a secured card, check with CapOne, WF, BofA, Citi...

Scores 6/17/2014: TU FICO: 643 | EQ FICO: 675 | EX AMEX FICO: 666

In my new wallet: American Express Premier Rewards Gold EMV: NPSL | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $1500 | Amazon Rewards Visa: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1250 | Target: $400 | J.Crew $5950
New Member
Posts: 3
Registered: ‎07-13-2012

Re: The matrix unsecured credit card

I'm at 3 months with the application still pending and they said it was still available. (I ain't gonna though! They make Premeir look good.)

If they graduated the card it might be worth establishing a relationship but I don't think they will graduate it. Does anybody know if they do?

Get that secured Blue Sky Visa from Capital Bank na. They don't do a HP on your credit and I've been impressed with them. Was my first when I got back into the game and they were Public Bank.

Capital One is great too. I really love my MTV card.  :smileyhappy:

Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012

Re: The matrix unsecured credit card

If you have to go unsecured and super subprime, I would suggest CreditOne over FP, matrix, curalean (whatever).



2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011

Re: The matrix unsecured credit card

If your going secured


Digital Credit Union or NOTHING imo. why?


1. Free Fico score same one they sell here for Equifax, potential saving of $240 a year

2. Card Graduates unlike those terrible cards (you get your money back with good history and card unsecures)

3. DCU will worth with you as your accounts grow

4. Great programs that can save you a lot of money with their mortgage and car loans

5. ZERO FEES WHAT SO EVER as long as you keep your balances positive and payment history in good terms.



NEVER EVER get a subprime lender secured card. Plenty of local credit unions have better options, and you can often get the card to use within a few minutes at some local credit unions (have printers on site)

total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
New Member
Posts: 3
Registered: ‎07-13-2012

Re: The matrix unsecured credit card

IamPoe wrote:
......t secured Blue Sky Visa from Capital Bank na......

I mean Open Sky rather than Blue Sky.


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