Public Savings Bank Secured Credit Card: 0% APR for 6 months
UPDATE: The following post is outdated. Please view the updated terms for the Public Savings Open Sky Secured Visa Credit Card here.
The Public Savings Open Sky Secured Visa Card offers 0% APR on all purchases for 6 months. This card is ideal for those who are attempting to build credit. Secured cards work differently than general credit cards in that you must make an upfront deposit in order to buy items on the card.
Simply deposit funds from $300 up to $2,000 and you’ll be able to purchase any item interest free. However, you must make sure that you’ll be able to pay off these purchases in their entirety within six months, or you’ll be charged interest on the remaining balance.
The most notable benefit of the Public Savings Bank Secured Card is that the card reports to all three credit bureaus on a monthly basis. Plus, there are no annual or monthly fees associated it.
Another added bonus to this credit card is that, as of January 4, 2010, their are no penalty APR’s, free fraud protection as well as wide ranging acceptance. You can use this card anywhere you see the VISA logo.
Public Savings Bank Secured Credit Card Quick Facts:
- Build credit history – they report to all 3 major credit bureaus
- 0% APR on all purchases for the first 6 months
- No annual fees or monthly maintenance fees
- No credit check
- No checking account required
- Your credit is not a factor!
- Choose your initial credit limit from $300-$2000
- Lifetime credit lines up to $5,000
- Free fraud protection against unauthorized use
- Use the card everywhere you see the Visa logo
