Share Secured Credit Builder Visa

Key Features

  1. Build (or re-build) your credit, simply by making regular payments
  2. Passport every day savings benefit provided at NO CHARGE (Gold cards only-a value of up to $150/year, if purchased separately)
  3. 1% CASH Back on balance transfers made to a NEW card within 30 days of opening
  4. No rate penalties and all the benefits of a Qualstar Visa Gold
  5. Apply Now!

If you have no credit history, or have had credit challenges in the past, a Share Secured Credit Builder Visa is the perfect way to get back on track and establish (or re-establish) positive credit history.

How does it work?

  • A Share Secured Credit Builder visa starts with a deposit which is held as the original credit balance of a VISA Gold (credit limits of $500 up to $5000 are available.)
  • Once payments are made and principal balance becomes available, charges can be made against the available credit balance.
  • As payments are made regularly under the terms and conditions of the account, positive credit history is being created.
  • After a period of positive activity, an application can be made to change the account to an unsecured VISA Gold and, if approved, the original deposit is released.