Sallie Mae Ignite Credit Card For Students
in Personal Credit Cards from Sallie Mae
Would you recommend Sallie Mae Ignite Credit Card For Students to your friends?
| Community Rating |
Rating not yet determined |
| Purchase APR (Variable APR) | 12.99% - 22.99% |
| Balance Transfer APR (Variable APR) | 12.99% - 22.99% |
| Credit Score Range | 600 - 850 |
| Annual Fee | $0 |
Sallie Mae Ignite Credit Card For Students Review
Sallie Mae Ignite Credit Card For Students is a cashback credit card issued by Sallie Mae. If you're wondering whether Sallie Mae Ignite Credit Card For Students is the right card for you, read on. This is everything you need to know to make a good choice.
- Earn 1% cash back on everyday purchases.
- 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
- Competitive APRs. Sallie Mae Ignite Credit Card For Students has a variable purchase APR that ranges from 12.99% up to 22.99%.
- 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 3% every time you make a transaction outside the U.S.
- Fair or better credit required. You stand a chance of qualifying if your credit score is not below 600.
| The Good | The Bad |
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Is there a Sallie Mae Ignite Credit Card For Students cash back or rewards program?
No, Sallie Mae Ignite Credit Card For Students does not offer a rewards program. Sallie Mae Ignite Credit Card For Students is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Sallie Mae Ignite Credit Card For Students you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 2% for purchases in a bonus category.
What are the Sallie Mae Ignite Credit Card For Students benefits?
Sallie Mae Ignite Credit Card For Students provides the following benefits:
- Cellular Telephone Protection
- ID Theft Protection
- Reports to major credit bureaus
What are the relevant APRs for Sallie Mae Ignite Credit Card For Students?
According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Sallie Mae Ignite Credit Card For Students has lower than average purchase APRs.Sallie Mae Ignite Credit Card For Students has a variable purchase APR that ranges from 12.99% up to 22.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 22.99%. It also has a variable cash advance APR of 24.99% .
Does Sallie Mae Ignite Credit Card For Students have an introductory APR offer on balance transfers?
Yes, Sallie Mae Ignite Credit Card For Students offers an introductory APR rate on balance transfers of 0% for a period of up to 6 months.
| Description | |
|---|---|
| Balance Transfer APR | 12.99% - 22.99% |
| Balance Transfer Introductory APR | 0% |
| Balance Transfer Intro APR Period (months) | 6 |
| Balance Transfer Fee % | N/A |
| Balance Transfer Fee % After Intro Period | 3% |
| Balance Transfer Fee Intro Period (days) | N/A |
| Balance Transfer Fee Minimum | $5 |
Does Sallie Mae Ignite Credit Card For Students have an introductory APR offer on new purchases?
This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 6 months.
| Description | |
|---|---|
| Introductory Rate | 0% |
| Purchase Intro APR Period (months) | 6 |
What are the fees for Sallie Mae Ignite Credit Card For Students?
The following fees apply to Sallie Mae Ignite Credit Card For Students:
- There is no overlimit fee
| Fees | Amount |
|---|---|
| Annual Fee | $0 |
| Overlimit Fee | $0 |
| Foreign Transaction Fee | 3% |
| Returned Payment Fee | up to $39 |
| Late Payment Fee | up to $39 |
Does Sallie Mae Ignite Credit Card For Students have a foreign transaction fee?
Sallie Mae Ignite Credit Card For Students charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.Does Sallie Mae Ignite Credit Card For Students report your account activity to credit bureaus?
Sallie Mae Ignite Credit Card For Students 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 can help improve your credit.
How to apply for Sallie Mae Ignite Credit Card For Students
- Visit the Sallie Mae Ignite Credit Card For Students 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 you're denied click here to find out why your application may have been rejected and what you can do about it.
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.
Contact
- Headquarters
-
300 Continental Drive
Newark, DE 19806 - (800) 472-5543
- Visit Site
Other Services by Sallie Mae
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Introductory Rate | 0% |
| Purchase Intro APR Period (Variable APR) | 6 months |
Sallie Mae Ignite Credit Card For Students Community Reviews
Would you recommend Sallie Mae Ignite Credit Card For Students to your friends?
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