Modell's MVP Visa Review

This is a store rewards credit card issued by Comenity. If you're wondering whether Modell's MVP Visa is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 20.24% up to 26.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. Modell's MVP Visa charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $10.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 640.

The Good

The Bad

Monthly discount coupons. Birthday coupon If an applicant does not currently qualify for the Modell's Visa card, they may qualify for the Modell's store card. The store card allows for a lower credit score, and with responsible use, can build the cardholder's credit. No annual fee. Free access to your credit score. Cardholders can earn rewards on purchases everywhere Modell's MVP Visa is accepted. Modell's MVP Visa reports to multiple credit bureaus.

Slow earnings on points. High interest rates. Higher than average purchase APRs. Does not offer a signup bonus. Charges a foreign transaction fee of 3%. Rewards bonus rate of only 1% on most everyday purchases. Terms apply*. Charges a 5% balance transfer fee. Does not include many credit card benefits.

Does Modell's MVP Visa have a cash back or rewards program?

Modell's MVP Visa is a rewards card.

Modell's MVP Visa Rewards

Minimum rewards rate	0.5x
Max rewards rate	1x
Annual rewards limit	N/A
Signup Bonus Spend Requirement	$0

What are the Modell's MVP Visa benefits?

It provides the following benefits:

• Free Credit Score
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Modell's MVP Visa?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has higher than average regular APRs.

It has a variable purchase APR that ranges from 20.24% up to 26.24%. The card has a variable balance transfer APR starting at 26.99% . It also has a variable cash advance APR starting at 28.24% .

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

What are the fees for Modell's MVP Visa?

The following fees apply:

Modell's MVP Visa Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Modell's MVP Visa report your account activity to credit bureaus?

Yes, Modell's MVP Visa 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 Modell's MVP Visa

• Visit the Modell's MVP Visa 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.