Applied Bank® Unsecured Classic Visa® Credit Card Review

Applied Bank® Unsecured Classic Visa® Credit Card is a credit card issued by Applied Bank. If you're wondering whether Applied Bank® Unsecured Classic Visa® Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

• High APRs. This is not a great card for people who carry a balance. It has a fixed purchase APR of 29.99%
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have good approval odds.

The Good	The Bad
Identity Theft Protection. Considers applicants with fair or poor credit. Applied Bank® Unsecured Classic Visa® Credit Card reports to multiple credit bureaus.	Higher than average purchase APRs. Charges an annual fee of up to $75. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Does not include many credit card benefits.

Is there a Applied Bank® Unsecured Classic Visa® Credit Card cash back or rewards program?

No, Applied Bank® Unsecured Classic Visa® Credit Card does not offer a rewards program.

What are the Applied Bank® Unsecured Classic Visa® Credit Card benefits?

Applied Bank® Unsecured Classic Visa® Credit Card provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Applied Bank® Unsecured Classic Visa® Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Applied Bank® Unsecured Classic Visa® Credit Card has higher than average purchase APRs.

Applied Bank® Unsecured Classic Visa® Credit Card has a fixed purchase APR of 29.99%. It also has a fixed cash advance APR of 29.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for Applied Bank® Unsecured Classic Visa® Credit Card?

The following fees apply to Applied Bank® Unsecured Classic Visa® Credit Card:

Applied Bank® Unsecured Classic Visa® Credit Card Fees

Fees	Amount
Annual Fee	Starting at $45 up to $75
Initial Program Fee	$89
Foreign Transaction Fee	3%
Returned Payment Fee	up to $38
Late Payment Fee	up to $38

Does Applied Bank® Unsecured Classic Visa® Credit Card report your account activity to credit bureaus?

Yes, Applied Bank® Unsecured Classic Visa® Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Applied Bank® Unsecured Classic Visa® Credit Card

• Visit the Applied Bank® Unsecured Classic Visa® Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.