No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Received a pre-approval for up to $500 with a $65 AF. If you hit 4 milestone's they offer the plus card with no AF. There is no info on this card and I have not applied. Maybe they will send a better offer later when my credit improves.
I'm thinking those milestones are unattainable.
I'm assuming this product is targeted toward builders or rebuilders?
Based on the info posted on their website "We’re offering access to a limited number of cards right now, but will be expanding soon."
https://www.onemainfinancial.com/legal/brightway-rewards-terms-and-conditions
Yes, I'm a rebuilder.
@vinblastine wrote:Yes, I'm a rebuilder.
I got a similar mail offer from Best Egg recently, I guess the loan companies are branching out to credit cards.
Without knowing all your FICO stats. $65 AF is almost half of what you could put towards a secured Discover that will graduate or the 2 new secured cards from US Bank which also graduate. Put a couple hundred on those cards if approved. Try to aviod if you can those high AF cards first.
I agree that the AF is too high. I have Ollo, Mission and Cap1 with no AF. Highest limit Cap1 at $4000. I suspect that I got on OneMain's list because I did a prequal for one of their loans. My scores are high 500's.
Well you got the 3 cards needed for the FICO bonus to help build for better cards. No need for that thing. Any loans?
A $2000 personal loan from DCU. $225K home loan and $40k equity loan. Value about $525k. $15k car loan. About $8500 take home mo.
Cool. Let what you have grow some and build more history and age. Its a good start. You can try the prequal with Discover. For me once I hit the 700 mark. Thats when it was much easier getting the better cards out there. Least the ones that would approve me with a BK.
I decided that I would take that ride with Brightway and applied. $500 SL and a $65 AF. I will try and hit those milestones and get the no AF card later. This text from their disclosures. "Your Purchase APR can be reduced to no lower than 19.99% and your Credit Limit can be increased to no greater than $15,000". I think more potential than my Capital one cards.