Pinecrest Secured Mastercard
Rebuild your credit - approval even after past credit problems.
Instant decision · for Pinecrest and PalmCall customers
Benefits
- Your credit line is backed by a refundable security deposit equal to the line (demonstration: no deposit is actually collected)
- Automatic review after 8 months of on-time payments to move you to an unsecured card and refund your deposit
- Reports to all three credit bureaus every month
- Free credit score and a monthly credit-building tip on every statement
- Autopay reminders and alerts so you never miss a due date
- Zero liability for unauthorized purchases
Who can apply
Pinecrest and PalmCall customers who are at least 18. This card is designed for people with no credit, or credit that needs rebuilding. Your credit limit, APR and any annual fee that varies by credit are set when you’re approved. Your line is backed by a refundable security deposit; in this demonstration no deposit is actually collected.
Rates & fees
| Annual percentage rate (APR) for purchases | 27.49% variable Your APR depends on your creditworthiness and is set when you are approved. |
| APR for balance transfers | Same as the purchase APR |
| APR for cash advances | 30.49% variable |
| Penalty APR and when it applies | 29.99%. This APR may apply to your account if you are 60 days late on a minimum payment, and may continue indefinitely. |
| How to avoid paying interest on purchases | Your due date is at least 21 days after the close of each billing cycle. We will not charge interest on purchases if you pay your entire balance by the due date each month. |
| Minimum interest charge | If you are charged interest, the charge will be no less than $1.50. |
| Annual fee | $0 annual fee |
| Transaction fees | Balance transfer: Not available. Cash advance: either $10 or 5% of the amount of each cash advance, whichever is greater. Foreign transaction: 3%. |
| Penalty fees | Late payment: up to $25.00. Returned payment: up to $25.00. |
How we will calculate your balance: we use the average daily balance method (including new purchases). Prime Rate is a pretend rate used for this demonstration site.
At a glance
- Rewards
- 1 point per $1 on Pinecrest and PalmCall bills - 1 point per $2 on everything else
- Welcome offer
- No welcome bonus - your reward is a stronger credit score
- Purchase APR
- 27.49% variable
- Annual fee
- $0 annual fee
- Foreign fee
- 3%
- Credit lines
- $200.00 – $2,500.00
- Network
- Mastercard
How you earn
A demonstration: Pinecrest and PalmCall are fictional and this is not a real offer of credit. Approval, credit limit, APR and any annual fee that varies by creditworthiness are decided instantly from your (fictional) credit profile.