Bank of the Sierra Visa Secured Credit Card Review
| Card Category: | Customer |
|---|---|
| Card Type: | Secured |
| Credit Needed: | Excellent / Good Credit |
| Card Rating: |
The Bank of the Sierra Visa Secured Credit Card is an excellent credit card for users looking to improve or re-establish their credit history. It is especially useful for users who have been rejected by other banks, as it offers very flexible credit lines, which are based on as a system of security deposits and a low annual fee, while still giving the option to carry a balance while earning interest on your secured savings account.
Bank of the Sierra Visa Secured Credit Card Details
CARD DESCRIPTION:
- Excellent opportunity for someone starting a credit history or for someone who has been turned down for a credit card.99
- $35 annual fee99
- Remember, late payments and going over the credit limit may damage your credit history.99
AVAILABLE REWARDS
| Max. Rewards: | N/A |
|---|---|
| Sign-up Bonus: | No |
RATES & FEES
| Purchase Intro APR: | n/a99 |
|---|---|
| Purchase Regular APR: | 21.24%99 |
| Cash Advance Fee: | 4% or $1099 |
|---|---|
| Cash Advance Regular APR: | 24.24%99 |
| Balance Transfer Intro APR: | n/a99 |
|---|---|
| Balance Transfer Regular APR: | 21.24%99 |
| Balance Transfer Fee: | 3%99 |
| Annual Fee: | $3599 |
|---|
Bank of the Sierra Visa Secured Credit Card Benefits
The Bank of the Sierra Visa Secured Credit Card is a solid choice if you're looking to redeem your credit reputation. It is also a great opportunity for someone just starting their credit history as it doesn't have high requirements to gain eligibility. All you need to do is open a secured savings account, which serves the purpose of security for your credit card. It's a simple and efficient system. The card offers many other benefits as well such as extended warranty coverage, auto rental collision damage waiver coverage as well as zero fraud liability. In addition to this the Bank of the Sierra Visa Secured Credit Card also offers a special offer which gives you up to a $5,000 credit limit. It also comes with a fairly low annual rate of $35.
Bank of the Sierra Visa Secured Credit Card Drawbacks
Because the Bank of the Sierra Visa Secured Credit Card works with a system of secured savings account it uses a slightly higher annual percentage rate of 21,24%. It also has a large penalty which can go as high as $37 for late payment. Another drawback is the fact that the card doesn't offer any rewards, which doesn't make it suitable for users who are looking to get a card which will provide them with points for rewards.
Contact Information
TELEPHONE
Customer Support - 1-888-454-BANK
MAILING ADDRESS
P.O. Box 1930 Porterville, CA 93258
Latest Credit Card Reviews
User Comments about Bank of the Sierra Visa® Secured Card
Stays SECURED
Jan 18, 2019 by Eric Oldham:
Did this card over 2 years ago to help with credit building. Never was late on a payment or went over the amount. Still saying they are keeping it secured! Gives you the run around too of who to contact.
Bank of America gave my deposit back within 1 year of opening a secured credit card. Go with that bank for that :)