Do you already have accounts with the Bank of Elk River? Have you been turned down for a credit card or need to build your credit? If the answer to both questions is yes, you may want to consider the Elk River Bank Secured Visa Card. You will have to make a security deposit of at least $300 as a guarantee of on-time payment. If you keep your balance low and make on-time payments you will gradually establish or reestablish your credit score. Does this all sound good to you? This tutorial will take you through all the steps to apply online for your Elk River Bank Secured Visa Card. Let’s get started!
To be eligible to apply for the Elk River Bank Secured Visa Card you must fulfill the following requirements:
Step 1- Navigate to this page, locate the Visa Secured Card and click Learn More or Apply Now!
Step 3- Before filling the application form you will first have to select your method of payment for your security deposit. Either online from your checking/savings account, or by mail via cashiers check or money order.
Step 4- After selecting your payment method and fulfilling the requirements, you will have to complete the application form beginning with the following personal information:
Step 5- Complete the following fields relating to your housing situation:
Step 6- Supply the following employment and account information:
Step 7- Do you need any additional cards? Select “yes” or “no“.Step 8- You have to have a Secured Savings Account set up to complete your application and make a security deposit. Select the account you will be debting to make your deposit and provide the account # and routing #, then enter the amount of money you’d like to put into your new account. Step 9- Carefully read all the following text for your Secured Savings Account, as there are consequences if you are irresponsible with your credit card or provide false information. Once you have reviewed all the text provide your SSN or Tax ID# in the indicated field.Step 10- Tick the box indicating that you certify your SSN/Tax ID# and carefully review the Security Agreement.Step 11- Review the Terms and Conditions, Security Agreement and look over all the fields in the application form to ensure you have not made any errors. Are you confident that you accept all the terms of this application? If so, tick the box shown bellow and click Submit. Best of luck!