Truity Share Secured Credit Card

Truity Share Secured Credit Card Review

This is a secured credit card card issued by Truity Credit Union. If you're wondering whether truity share secured credit card is the right card for you, read on.

Key Takeaways

• Competitive APRs. Truity Share Secured Credit Card has a fixed purchase APR of 10.99%
• 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.
• 3% Balance transfer fee. Truity Share Secured Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 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 1% every time you make a transaction outside the U.S.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, identity theft protection, and fraud protection.

Pros & Cons of truity share secured credit card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Multiple credit card perks. Extended warranty on purchases. Identity Theft Protection. Truity Share Secured Credit 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 1%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee

truity share secured credit card FAQ

Does truity share secured credit card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the truity share secured credit card benefits?

It provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for truity share secured credit card?

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

Truity Share Secured Credit Card has a fixed purchase APR of 10.99%. The card has a fixed balance transfer APR of 10.99% . It also has a fixed cash advance APR of 10.99% .

What are the fees for truity share secured credit card?

The following fees apply:

Truity Share Secured Credit Card Fees

Description
Cash Advance Fee Minimum	$10
Cash Advance Fee (%)	3%
Foreign Currency Transaction Fee	1%
No Annual Fee?
Annual Fee	$0
No Interest Grace Period for Late Payment	25 days
Returned Payment Fee	Up to $28
Late Fee Amount	Up to $28

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

Does Truity Share Secured Credit Card report your account activity to credit bureaus?

Yes, Truity Share Secured 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 truity share secured credit card

• Visit the truity share secured 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.