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Matrix Secured Discover Credit Card

Continental Finance Matrix Discover® credit card (Secured)

- The Continental Finance Matrix Discover® credit card accepts individuals of all credit types
- No application fees or processing fees
- Use your card at locations everywhere Discover® is accepted
- Free online account access 24/7
- Fast and easy application process; results provided in seconds
- Build positive credit by making monthly payments on time

(4.0 out of 5.0)

Information - Rates - Fees

Intro APR:

N/A*

Intro Period:

N/A*

APR:

29.99%*

Annual Fee:

$75*

Issuer:

Service Credit Union

Card Network:

Discover®

Card Category:

Consumer (Secured)

Card Type:

Card for Bad Credit
Co-Branded Credit Card
Instant Decision Card

Credit Needed:

Bad Credit OK*

Grace Period:

25 days*

Min Credit Line:

$300

Late Payment Fee:

$35.00*

Balance Transfers

Balance Transfer:

Cash Advances

APR on Cash Advances (%):

29.99%

Cash Advance Fee (%):

5.00%

Minimum Fee:

$5.00

Other Fees

Additional Fees

Foreign transaction fee: 3%
Returned payment fee: $35.00
Monthly maintenance fee (billed annually): $144

Review by CreditCardsBay™

The Matrix Secured Card provides a credit product to those with poor credit history. A security deposit will need to be submitted. A credit line will be provided - this is not a prepaid credit card. By paying the bill on time each month and avoiding going over the credit line, one can begin to improve their credit score.

The card reports to all three credit reporting agencies each month to help with the improved credit score. The card can be used anywhere that accepts Discover - online, over the phone and in person.

There is also 24/7 account access online. Cardholders can log on to learn of their balance, credit line availability, past transactions and more. Bills can be paid online and customer service representatives can be emailed or called on a toll free number.

Features

Most attractive:

- No application fees
- Good for credit building
- Instant decision
- Discover card benefits

Least attractive:

- Annual fee
- Maintenance fee

Rewards & Benefits

Other Benefits:

*See Terms and Condition

Online Access:

Yes!

Credit Reporting:

Yes

The information provided for Continental Finance Matrix Discover credit card (Secured) is believed to be accurate at the time of evaluation (Feb 3, 2013). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.