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  Exchange Bank Visa® Max Cash Secured Card
Exchange Bank Visa® Max Cash Secured Card Unaffiliated

Exchange Bank Visa® Max Cash Secured Card

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Highlights
Purchase APR  (Variable APR) 28.99%
(Verified 09/23/2022)
Balance Transfer APR  (Variable APR) 28.99%
(Verified 09/23/2022)
Credit Score Range Starting at 600
Annual Fee $0

Exchange Bank Visa® Max Cash Secured Card Review

This is a secured credit card cashback credit card issued by Exchange Bank of Milledgeville. If you're wondering whether Exchange Bank Max Cash Secured is the right card for you, read on.

Key Takeaways

  • With the Max Cash Secured Card, you'll enjoy the convenience of credit while earning interest on your secured savings account. Plus earn 5% cash back on first $2,000 of combined quarterly purchases from two categories of your choice: Home Utilities, Cell Phone Providers, TV/Internet/Streaming and more.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 28.99%
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. Exchange Bank Visa® Max Cash Secured 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 $5.
  • 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.
  • Multiple credit card benefits. Includes generous credit card perks, such as emergency support, travel accident insurance, travel assistance, and fraud protection.
  • Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Exchange Bank Max Cash Secured

The Good The Bad
  • No annual fee.
  • Multiple credit card perks.
  • Free access to your credit score.
  • Travel accident and travel assistance insurance.
  • Considers applicants with fair credit.
  • Higher than average purchase APRs.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 2%.
  • Does not report to credit bureaus.
  • Charges a 3% balance transfer fee.

Exchange Bank Max Cash Secured FAQ

Does Exchange Bank Max Cash Secured have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

What are the Exchange Bank Max Cash Secured benefits?

It provides the following benefits:

  • Free Credit Score
  • Emergency Support
  • Zero fraud liability
  • Travel Accident Insurance
  • Travel Assistance

What are the relevant APRs for Exchange Bank Max Cash Secured?

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.

Exchange Bank Visa® Max Cash Secured Card has a variable purchase APR of 28.99%. The card has a variable balance transfer APR of 28.99% . It also has a variable cash advance APR of 28.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

Does Exchange Bank Max Cash Secured have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does Exchange Bank Max Cash Secured have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Exchange Bank Max Cash Secured?

The following fees apply:

Exchange Bank Max Cash Secured Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 2%
Returned Payment Fee up to $41
Late Payment Fee up to $41

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

Does Exchange Bank Max Cash Secured have a foreign transaction fee?

Exchange Bank Max Cash Secured 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 foreign transaction fees.

What is the customer service phone number for Exchange Bank Max Cash Secured?

The Exchange Bank Max Cash Secured customer service number is (478) 452-4531.

What is the support contact email for Exchange Bank Max Cash Secured?

The support contact email for Exchange Bank Max Cash Secured is servicing@exch.bank.

What is the Exchange Bank Max Cash Secured login page?

You can access the Exchange Bank Max Cash Secured login page here.

How do people rate the customer service and user experience of Exchange Bank Max Cash Secured?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

How to apply for Exchange Bank Max Cash Secured

  • Visit the Exchange Bank Max Cash Secured 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.

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...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $10
Cash Advance Fee (%) 5%
Minimum Cash Advance Fee ($) $10
Foreign Currency Transaction Fee 2%
Annual Fee $0
Minimum Interest Charge $1
No Interest Grace Period for Late Payment 24 days
Returned Payment Fee Up to $41
Late Fee Amount Up to $41
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 600 -
Credit Card Benefits
  • Emergency Support
  • Fraud Liability
  • Free Credit Score
  • Travel Accident Insurance
  • Travel Assistance
Bonus Offer With the Max Cash Secured Card, you'll enjoy the convenience of credit while earning interest on your secured savings account. Plus earn 5% cash back on first $2,000 of combined quarterly purchases from two categories of your choice: Home Utilities, Cell Phone Providers, TV/Internet/Streaming and more.
Rewards Categories
  • 5% Cash Back on Internet / Cable / Phone Services
  • 2% Cash Back on Gas
  • 2% Cash Back on Groceries
  • 2% Cash Back on Restaurants
  • 1% Cash Back on Every Purchase
Security Deposit Starting at $300
Cash Advance APR (Variable APR) 28.99%
APR Type Variable APR
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 28.99%
(Verified 09/23/2022)
Balance Transfer APR (Variable APR) 28.99%
(Verified 09/23/2022)
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%
Card Type
  • Secured
  • Cashback

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