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  UNITY Visa Secured Credit Card

UNITY Visa Secured Credit Card

in Personal Credit Cards from OneUnited Bank

Unaffiliated

UNITY Visa Secured Credit Card

Unaffiliated

in Personal Credit Cards from OneUnited Bank

SuperMoney Net Recommendation Score -85%

SUPERMONEY NET RECOMMENDATION SCORE

-85%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Strongly not recommended

1 user recommends
0 users are unsure
12 users don't recommend
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Highlights
Highlights
Community Rating Strongly not recommended
Purchase APR  (Fixed APR) 17.99%
Balance Transfer APR  (Fixed APR) Starting at 17.99%
Credit Score Range 300 - 640
Annual Fee $39
Number of Reviews 13

UNITY Visa Secured Credit Card Review

UNITY Visa Secured Credit Card is a secured credit card credit card issued by OneUnited Bank. If you're wondering whether UNITY Visa Secured Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

  • High APRs. This is not a great card for people who carry a balance. It has a fixed purchase APR of 17.99%
  • 3% Balance transfer fee. UNITY Visa Secured Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $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 2% 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.
  • Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.

UNITY Visa Secured Credit Card Pros and Cons:

The Good The Bad
  • Has an introductory APR rate on balance transfers of 9.95%.
  • Considers applicants with fair or poor credit.
  • UNITY Visa Secured Credit Card reports to multiple credit bureaus.
  • Higher than average purchase APRs.
  • Charges an annual fee of $39
  • 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.
  • Charges a 3% balance transfer fee.
  • Does not include many credit card rewards.

Is there a UNITY Visa Secured Credit Card cash back or rewards program?

No, UNITY Visa Secured Credit Card does not offer a rewards program.

What are the relevant APRs for UNITY Visa Secured Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. UNITY Visa Secured Credit Card has higher than average purchase APRs.

UNITY Visa Secured Credit Card has a fixed purchase APR of 17.99%. The card has a fixed balance transfer APR starting at 17.99% . It also has a fixed cash advance APR of 17.99% .

Does UNITY Visa Secured Credit Card have an introductory APR offer on balance transfers?

Yes, UNITY Visa Secured Credit Card offers an introductory APR rate on balance transfers of 9.95% for a period of up to 6 months.

UNITY Visa Secured Credit Card Balance Transfers
Description
Balance Transfer APR Starting at 17.99%
Balance Transfer Introductory APR 9.95%
Balance Transfer Intro APR Period (months) 6
Balance Transfer Fee % 3%
Balance Transfer Fee % After Intro Period N/A
Balance Transfer Fee Intro Period (days) N/A
Balance Transfer Fee Minimum $10

Does UNITY Visa Secured Credit Card have an introductory APR offer on new purchases?

UNITY Visa Secured Credit Card does not offer an introductory rate on new purchases.
UNITY Visa Secured Credit Card Purchase Intro Offer
Description
Introductory Rate N/A
Purchase Intro APR Period (months) N/A

What are the fees for UNITY Visa Secured Credit Card?

The following fees apply to UNITY Visa Secured Credit Card:

  • There is no overlimit fee
UNITY Visa Secured Credit Card Fees
Fees Amount
Annual Fee $39
Overlimit Fee $0
Foreign Transaction Fee 2%
Returned Payment Fee up to $37
Late Payment Fee up to $10

Does UNITY Visa Secured Credit Card have a foreign transaction fee?

UNITY Visa Secured Credit 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 a foreign transaction fee.

Does UNITY Visa Secured Credit Card report your account activity to credit bureaus?

UNITY Visa 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 can help improve your credit score.

How to apply for UNITY Visa Secured Credit Card

  • Visit the UNITY Visa 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 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.

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...

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About UNITY Visa Secured Credit Card

Availability

  Available in 50 states and Washington, D.C.
  • 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

Over-Limit Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Up to 3%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 2%
Annual Fee $39
Minimum Interest Charge $1
Returned Payment Fee Up to $37
Late Fee Amount Up to $10
Customer Type Personal
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 300 - 640
Card Type
  • Bad Credit
  • Secured
Card Network Visa
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Rewards Type No Rewards
Cash Advance APR (Fixed APR) 17.99%
Balance Computation average daily balance (including new purchases)
Credit Limit $10,000
Purchase APR (Fixed APR) 17.99%
Balance Transfer Introductory APR (Fixed APR) 9.95%
Balance Transfer Intro APR Period (Fixed APR) 6 months
Balance Transfer APR (Fixed APR) Starting at 17.99%
Balance Transfer Fee Minimum $10
Balance Transfer Fee % 3%

UNITY Visa Secured Credit Card Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

-85%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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