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

Redwood Capital Bank Consumer Visa® Card

Unaffiliated
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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 Visa® Card Review

This is a cashback credit card issued by Redwood Capital Bank. If you're wondering whether Redwood Capital Bank Consumer Visa® Card 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.

Key Takeaways

  • Generous reward rate. You will get a rewards rate of up to 10,000 reward points per dollar spent.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, 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 Visa® Card

The Good The Bad
  • Has an introductory APR rate on balance transfers of 2.9%.
  • No balance transfer fee, if you transfer the balance within 180 days. -->.
  • No annual fee.
  • Cardholders can earn rewards on their purchases.
  • Redwood Capital Bank Consumer Visa® Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • 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 Visa® Card FAQ

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

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 10,000% for purchases in a bonus category.

Redwood Capital Bank Consumer Visa® Card Rewards
Minimum rewards rate 1x
Max rewards rate 10,000x
Annual rewards limit N/A

Does Redwood Capital Bank Consumer Visa® Card have a signup bonus?

This card doesn't offer a cash signup bonus.

Does Redwood Capital Bank Consumer Visa® Card offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

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

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

Yes, it offers an intro APR rate on balance transfers of 2.9% for a period of up to 6 months.

Redwood Capital Bank Consumer Visa® Card Balance Transfers
Description
Balance Transfer Fee Intro Period 180 days
Balance Transfer Introductory APR 2.9%
Balance Transfer Intro APR Period 6 months

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

Redwood Capital Bank Consumer 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 Visa® Card?

The following fees apply:

Redwood Capital Bank Consumer 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 cashback card.

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

Redwood Capital Bank Consumer 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 Visa® Card?

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

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

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

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

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

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

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

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

Yes, Redwood Capital Bank Consumer 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 Visa® Card

  • Visit the Redwood Capital Bank Consumer 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.

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
No Annual Fee
Annual Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 3%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 2%
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 Points
Balance Transfer Fee Intro Period 180 days
Balance Transfer Introductory APR (Variable APR) 2.9%
Balance Transfer Intro APR Period (Variable APR) 6 months
Card Type
  • Rewards
  • Cashback
Card Network Visa

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