Fit Mastercard®

Those who have been struggling with getting approved for a credit card know that finding a good card is much more difficult than it may appear. The application requirements are too demanding and often vague, so you cannot know how eligible you are for a card until you actually apply. And if you apply and get denied, this will harm your credit score, and you will have to wait a while before you can try again. This is where the FIT Mastercard credit card comes in quite handy. It has very few requirements for the applicants, and the whole application process is streamlined and simple with initial fast online pre-qualification.

Who Is the FIT Mastercard for?

FIT Mastercard is known as a starter credit card for bad credit, and unlike most competitors that state they fall into the same category, this card stays true to its name. Anyone with any credit can get pre-approved for the FIT credit card. Those who would like to start building their credit history and those who’ve damaged their credit score and want to get back on track can get approved for this credit card as easily as someone with an excellent score.

So, if you want to build up your credit, this card might be a good choice for you.

What are FIT Mastercard Credit Card Benefits?

• Credit rebuilding card. It is unfortunate that the FIT Mastercard doesn’t offer many benefits and perks to the cardholders, but it is a simple credit rebuilding credit card after all, and its sole purpose is to help you boost your credit. All of the card benefits revolve around this single perk.
• 3 major credit bureaus reporting. FIT Mastercard reports all credit activity to all three of the major credit bureaus: Equifax, Experian, and TransUnion. If you are looking for ways to increase your credit fast, this card can help you reach this goal. And reach it fast.
• Free Vantage 3.0 score. At any moment, you can check your free Vantage 3.0 score from Experian* (When you sign up for e-statements), and you can access your credit account 24/7 through the FIT Mastercard mobile app.
• No security deposit needed. This card provides unsecured credit and no security deposit is needed.

Are There Any Disadvantages?

Like any credit card, the FIT Mastercard comes with a couple of disadvantages.

• High rates and fees. FIT Mastercard comes with higher fees simply because it accepts applications from much riskier applicants. The high rates and fees can come as a big disadvantage but are generally considered as a small price to pay for the opportunity to have a credit card that reports your activity to all the major bureaus and allows you to improve your credit ratings.
• No rewards and no bonus. The FIT card is a starter card and focused solely on improving cardholders’ credit thus it has no rewards and no bonuses whatsoever. However, it would be nice to receive some anyway.
• No additional perks. Aside from credit reporting and unsecured credit this card has no additional perks or outstanding benefits for cardholders.

Should You Use FIT Mastercard?

This is an excellent credit rebuilding credit card and can help you reach better financial stability. It doesn’t require you to make a security deposit, so this is your best alternative if you don’t have the cash for a secured credit card. However, if you don’t think that you can afford to pay off the high rates and fees regularly, perhaps applying for this credit card isn’t the right choice for you. Being late on your credit card payments and not paying off your debt on time will be detrimental to your credit and will make this card unfavorable for you.

Fit Mastercard Competition

• Revvi Card
• Aspiration Zero Mastercard
• Current Visa Debit Card
• Chime Debit Card
• Merrick Bank Double Your Line
• TOTAL Visa (Pets)