Verve Mastercard Card

Verve Mastercard Card Review

This is a credit card issued by The Bank of Missouri. If you're wondering whether Verve 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 variable purchase APR of 25.9%
• 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.
• 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 Verve credit card

The Good	The Bad
Free access to your credit score. Considers applicants with fair credit. Verve Mastercard Card reports to multiple credit bureaus.	Higher than average purchase APRs. Charges an annual fee of $99 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. Does not include many credit card benefits.

Verve credit card FAQ

Does Verve credit card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Verve credit card benefits?

It provides the following benefits:

• Free Credit Score
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Verve 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.

Verve Mastercard Card has a variable purchase APR of 25.9%. It also has a variable cash advance APR of 25.9% .

What are the fees for Verve credit card?

The following fees apply:

Verve credit card Fees

Fees	Amount
Annual Fee	$99
Foreign Transaction Fee	3%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

Does Verve Mastercard Card report your account activity to credit bureaus?

Yes, Verve Mastercard 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 Verve credit card

• Visit the Verve 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.