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  Redwood Capital Bank Consumer Low Rate Visa® Card
Redwood Capital Bank Consumer Low Rate Visa® Card Unaffiliated

Redwood Capital Bank Consumer Low Rate Visa® Card

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Highlights
Purchase APR  (Variable APR) N/A
Balance Transfer APR  (Variable APR) N/A
Credit Score Range N/A
Annual Fee $0

Redwood Capital Bank Consumer Low Rate Visa® Card Review

This is a card issued by Redwood Capital Bank. If you're wondering whether Redwood Capital Bank Consumer Low Rate Visa® Card is the right card for you, read on.

Key Takeaways

  • No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
  • Accepts cosigners. Redwood Capital Bank is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.

Pros & Cons of Redwood Capital Bank Consumer Low Rate Visa® Card

The Good The Bad
  • Has an introductory APR rate on balance transfers of 2.90%.
  • No balance transfer fee, if you transfer the balance within 180 days. -->.
  • No annual fee.
  • Redwood Capital Bank Consumer Low Rate Visa® Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 2%.
  • You don't earn rewards on every purchase.
  • Does not include many credit card benefits.

Redwood Capital Bank Consumer Low Rate Visa® Card FAQ

Does Redwood Capital Bank Consumer Low Rate Visa® Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the relevant APRs for Redwood Capital Bank Consumer Low Rate Visa® Card?

Does Redwood Capital Bank Consumer Low Rate Visa® Card have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 2.90% for a period of up to 6 months.

Redwood Capital Bank Consumer Low Rate Visa® Card Balance Transfers
Description
Balance Transfer Fee Intro Period 180 days
Balance Transfer Introductory APR 2.90%
Balance Transfer Intro APR Period 6 months

Does Redwood Capital Bank Consumer Low Rate Visa® Card have an intro APR offer on new purchases?

Redwood Capital Bank Consumer Low Rate Visa® Card Purchase Intro Offer
Description
Introductory Rate 2.90%
Purchase Intro APR Period 6 months

This card does offer an intro APR rate of 2.90% on qualified purchases for a period of up to 6 months.

What are the fees for Redwood Capital Bank Consumer Low Rate Visa® Card?

The following fees apply:

Redwood Capital Bank Consumer Low Rate Visa® Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 2%

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

Does Redwood Capital Bank Consumer Low Rate Visa® Card have a foreign transaction fee?

Redwood Capital Bank Consumer Low Rate Visa® Card charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.

What is the customer service phone number for Redwood Capital Bank Consumer Low Rate Visa® Card?

The Redwood Capital Bank Consumer Low Rate Visa® Card customer service number is (707) 444-9800.

What is the support contact email for Redwood Capital Bank Consumer Low Rate Visa® Card?

The support contact email for Redwood Capital Bank Consumer Low Rate Visa® Card is inquiries@redwoodcapitalbank.com.

What is the Redwood Capital Bank Consumer Low Rate Visa® Card login page?

You can access the Redwood Capital Bank Consumer Low Rate Visa® Card login page here.

How do people rate the customer service and user experience of Redwood Capital Bank Consumer Low Rate Visa® Card?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

Does Redwood Capital Bank Consumer Low Rate Visa® Card report your account activity to credit bureaus?

Yes, Redwood Capital Bank Consumer Low Rate Visa® 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 Redwood Capital Bank Consumer Low Rate Visa® Card

  • Visit the Redwood Capital Bank Consumer Low Rate Visa® 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Other Credit Cards by Redwood Capital Bank

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Availability

  Available in 1 state
California
Availabile in all of California

Feature Breakdown

Introductory Rate 2.90%
Purchase Intro APR Period (Variable APR) 6 months
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 3%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 2%
No Annual Fee
Annual Fee $0
No Interest Grace Period for Late Payment 25 days
Late Fee Amount Starting at $25
Customer Type Personal
Minimum Age 18
Co-signing Allowed
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Rewards Type No Rewards
APR Type Variable APR
Balance Transfer Fee Intro Period 180 days
Balance Transfer Introductory APR (Variable APR) 2.90%
Balance Transfer Intro APR Period (Variable APR) 6 months

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