Reflex Credit Card Details

Learn how the Reflex Credit Card works and how it can help you improve your credit score.

Reflex Credit is an excellent card that, while offering many benefits, helps you rebuild your credit score.

Among its main advantages is the available credit limit, which can vary from $300 to $1000, in addition to the possibility of doubling it at the end of the first six months of using the credit card. For people with a low credit score, the upper limit can help raise the score even faster if you pay your bills on the set date.

In addition, Reflex Credit Card offers zero liability for card fraud, which means you don’t have to pay for any purchases made on your credit card if your credit card is lost or stolen.

Another advantage of this card is the free access to your credit score, allowing you to closely monitor your finances and your score increase. The Reflex Credit Card application process is quite simple and done online. When applying for your credit card, you have almost a 100% chance of approval.

Main Pros of Reflex Credit Card

Reflex Credit Card offers its users a number of benefits. To help you know what they are, we’ve put together a list of the main ones. See below:

  • Simple and Easy Approval: The Reflex credit card is available to everyone, even if you have a low or no credit score.
  • Credit Limit: Reflex Credit Card offers a generous credit limit, up to $1000 and with a minimum value of $300. Thus, Reflex is an unsecured credit card with one of the best credit limits.
  • Pre-qualification verification: when you apply for the Reflex Credit Card, you will be asked to check your credit score. Generally, this check can damage your score, but to prevent this from happening, Reflex provides a pre-qualification process that does not allow this to happen.
  • Unlike most credit cards for people with low credit scores, the Reflex Credit Card does not require a security deposit to start using the credit card.
  • Simple, fast and safe application process. The Reflex Credit Card application is done online and in a few minutes you will have your answer informing if the request was approved or not.
  • Credit card limit increase: after completing six months of using the Reflex Credit Card, you have the opportunity to increase your credit limit, managing to double the amount. Of course, this will depend on your behavior and the timely payment of your debt.
  • Monthly credit report for the main agencies in the country, allowing you to increase your credit score quickly.
  • You also have free access to VantageScore 3.0, giving you unlimited access to your credit score.
  • Zero liability in case of fraud.

Main cons of Reflex Credit Card

Now that you know the main advantages of Reflex Credit Card, it is very important to know the cons of this credit card before making your decision, avoiding any unpleasant surprises in the future.

Still, despite some downsides, they don’t make the Reflex Credit card a bad choice, you just need to know the best way to use it and avoid its higher fees.

Here are the cons of this credit card:

  • It does not have a rewards program.
  • It doesn’t offer sign-up bonuses, after all, it’s a credit card for everyone, even those with a low credit score and cards of this type don’t usually offer sign-up bonuses.
  • Reflex Credit Card charges an annual fee of $75 to $99. Despite being considered a little high, if you know how to take advantage of all the benefits offered by Reflex, these fees can become almost irrelevant.
  • Other fees: in addition to the annual fee, Reflex Credit Card charges two other fees, which are credit card expenses and withdrawal. The APR can range from 24.99% to 29.99%.
  • Maintenance Fee: The maintenance fee not charged for the first 12 months of using your Reflex Credit Card. However, after that period, an annual maintenance fee of $120 is charged for $10 per month. If your credit limit is over $1000, you do not need to pay the maintenance fee.

Finally, even with these fees, by using Reflex Credit Card wisely and avoiding late payments, Reflex remains an excellent tool to boost your credit score and allow you ever better credit card opportunities. It is worth remembering that the ideal is that you use about 30% of the monthly available credit.

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