Product Reviews Facts and Notes

The Tribute Credit Card is a sub prime unsecured card. Often this card is used to re-establish a damaged credit score.

This card is issued by the First Bank of Delaware. This bank has been in the sub prime lending business for years.

Your card can be used to improve your credit score. It will create a positive payment history on your credit by making your on time monthly payments.

Your payment history is factored heavily when your credit score is calculated. This card will also help your ratio of available credit to debt. This ratio is how much debt do you have compared to the credit you have that is not being used.

You will have an annual fee with this card; this is common with bad credit cards. Your APR will be 19.50% which is the industry standard.

Your initial credit limit will be $300. Your card does have monthly credit reporting to all three major bureaus.

This card is unique because they are committed to approving most applicants. If you credit is severely damaged you can still be approved for this card, however instead of a $300 limit your card will have a $70 limit.

This card will report monthly to all three bureaus and works just like the card with a $300 limit. You will be eligible for limit increases. There are no finance charges and no account set up fees for both cards.

There have easy approval requirements and no minimum income for this card. You will have free online account access and there is no application fee.

Your card will be eligible for limit increases up to a maximum of $2000. When you apply you will know if you have been approved within 30 seconds of submitting your application.

To get the most benefit on your credit report from your card you should try and keep the balance at approximately 25% of you credit limit. This is because it shows the bureaus that you do use your card and you are using it responsibly.

In sum we do suggest the Tribute MasterCard. When used properly it is a very effective tool to rebuild a low credit score.