The First County Bank Secured Visa Credit Card is advertised as a card in which you can re-establish your credit history through linking a savings account as a back up to fund your account. If you’ve selected this post, it is then because your score is so low that you’ve been left with this option of 20.99% APR. Of course, as with most credit cards, if you pay the balance off in full before the 21 day grace period, this won’t play a factor. However, this can be easier said than done so before committing to a credit card with such a high interest rate, consider speaking to a financial adviser about what the best steps are to get your credit score back on track. If you’re still interested in this particular option, we’ll walk you through the application process below.
It is on the card summary page for the Secured Visa that you you will find the Apply Now button. Once clicked, it will give you access to the necessary paperwork.
You will be asked to provide this personal information:
You will need to supply the following information pertaining to your home address:
To determine your credit worthiness, EFS will need this financial info:
If you have other accounts with First County Bank, you can check them off accordingly.
A joint applicant can be added here if you so wish.
Step 6-Account Funding
You can now select the checking or savings account which will fund your secured account, as well as establish the amount (between $300-$5000).
Be sure to review the terms and conditions thoroughly before checking off the box that indicates that you accept them. To send your form in for assessment, just click Submit and you’re all done. Good luck!