UNITY® Secured Visa - The Comeback Card™ From OneUnited Review

Trying to make the most of unity secured visa comeback? You are in the right place. Below we break it down in plain English, with practical tips you can actually use.

Key Takeaways

• Contents1  Card Stats:1.1 Other Features:2 Editor’s Review2.1 Annual Fees2.2 APRs2.3 Rewards Program2.4 Credit Reporting2.5 Adding Fund...
• APRs This card has a fixed APR of 17.99%, this is advertised as one of the best features of the card and is even compared to other secured c...
• Unfortunately they don’t list some of the better secured cards which have APRs under 10%.

Contents

• 1  Card Stats:
  • 1.1 Other Features:
• 2 Editor’s Review
  • 2.1 Annual Fees
  • 2.2 APRs
  • 2.3 Rewards Program
  • 2.4 Credit Reporting
  • 2.5 Adding Funds
  • 2.6 Upgrading To An Unsecured Card
  • 2.7 Approval
• 3 Final Verdict

 Card Stats:

Minimum Security Deposit: Unknown Maximum Security Deposit: Unknown

Interest Rate: 17.99% fixed Introductory Interest Rate: None Grace Period: 25 days Foreign Transaction Fees: Annual Fees: $39 Application Fees: None Rewards Program: None Signing Promotion: None Interest Earned on Security Deposit: Unknown

 

Other Features:

Editor’s Review

This review was provided by William Charles, editor of Doctor of Credit. 

[Intro goes here]

Annual Fees

This card comes with an annual fee of $39, which is extremely high for a secured card.

APRs

This card has a fixed APR of 17.99%, this is advertised as one of the best features of the card and is even compared to other secured cards on the market. Unfortunately they don’t list some of the better secured cards which have APRs under 10%.

Rewards Program

This card does not come with a rewards program. Click here to view a full list of secured cards that DO come with a rewards program.

Credit Reporting

Like all other existing secured credit cards, this card reports to all three of the nationwide credit bureaus.

Adding Funds

It’s possible to add funds to this card to increase your credit limit, but you have to pay a $10 fee. We’re unsure if they do a hard or soft pull to add these funds.

Upgrading To An Unsecured Card

We’re unsure if this card unsecures to a regular credit card or not. We’ve sent them numerous correspondence to find out. We also can’t find any non-secured products on the Unity website.

Approval

We’re unsure of anybody who has actually applied for this card so we don’t know if they accept people with bankruptcies on file or not.

Final Verdict

This is a terrible secured card. It has a high annual fee and no rewards program, you have to pay money to increase your credit limit and there is no mention of this card graduation to an unsecured card. There are plenty of better options out there for those looking to rebuild their credit.

[Read: Our guide to the best secured credit cards currently on the market]

Still want to apply? Use the link found below.

 

Final Thoughts

The bottom line: a little research on unity secured visa comeback goes a long way. Compare your options, watch for seasonal offers, and never pay full price when a better deal is one click away.

Originally published at doctorofcredit.com.