UNITY Visa Secured Credit Card

UNITY Visa Secured Credit Card Review

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

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 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 3% 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 have relatively good approval odds.

Pros & Cons of UNITY Visa Secured Credit Card

The Good	The Bad
Has an introductory APR rate on balance transfers of 9.95%. Identity Theft Protection. Considers applicants with fair 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 3%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee. Does not include many credit card benefits.

UNITY Visa Secured Credit Card FAQ

Does UNITY Visa Secured Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the UNITY Visa Secured Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for UNITY Visa 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 higher than average regular APRs.

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

What are the fees for UNITY Visa Secured Credit Card?

The following fees apply:

• There is no overlimit fee

UNITY Visa Secured Credit Card Fees

Fees	Amount
Annual Fee	$39
Overlimit Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $37
Late Payment Fee	up to $10

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

Yes, 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 may help improve your credit.

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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.