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The Fast Track Secured Credit Card offers an avenue to fortify or initiate your credit journey. Being a secured card, it mandates a security deposit equivalent to your credit line. This amount is reimbursed when you conclude your account with no outstanding balances. By adhering to responsible use and punctual payments, you aid in improving your credit score as your payment behaviors are communicated to leading credit bureaus.

Benefits of the Fast Track Secured Credit Card

In a world awash with financial products and services, finding a credit card that matches your needs can be like searching for a needle in a haystack. But the Fast Track Secured Credit Card emerges as a beacon of hope for those on the journey to financial stability and growth. Let’s delve into the features that make this card stand out and why it might be the answer to your credit-building aspirations.

1. Building Credit Effortlessly:

The Fast Track Secured Credit Card is a beacon for those facing financial challenges or just starting their credit journey. Whether you’ve had a history dotted with financial pitfalls or are a complete novice to the world of credit, this card is designed to help you pave a robust and creditworthy path. Unlike other cards that might be wary of your past, the Fast Track welcomes you with open arms, allowing you to rebuild or initiate your credit score. It’s like having a financial mentor in your pocket, guiding you at every step.

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2. Minimalistic Deposit Requirements:

One of the significant barriers for many when considering a secured credit card is the hefty deposit that often accompanies it. Fast Track Secured Credit Card breaks this norm. An initial deposit requirement of just $200 ensures that building credit isn’t a privilege reserved for the wealthy. It’s a commitment to make credit building accessible and affordable.

3. Dive into a Pool of Rewards:

Who said building credit couldn’t be rewarding? Every swipe of the Fast Track Secured Credit Card isn’t just a step towards a brighter financial future and a chance to earn. From daily groceries to that occasional splurge, each purchase helps you accumulate points. These aren’t just points; they can be redeemed for cash back, increased savings, or exchanged for exciting travel opportunities and merchandise. It’s like being rewarded for making wise financial choices.

4. Transparent and Constructive Reporting:

What good is a credit card if it doesn’t help you grow? The Fast Track Secured Credit Card ensures that all your efforts don’t go unnoticed. With regular reporting to major credit bureaus, every on-time payment and every wise spending decision gets noted, ensuring that your credit score reflects your dedication. This transparency helps build trust and ensures that you’re always aware of where you stand.

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5. A Breath of Fresh Air with No Annual Fee:

Many cards lure you with promises, only to spring surprise charges later. The Fast Track Secured Credit Card prides itself on its transparency and commitment to your growth. With no annual fee, what you see is what you get. It’s not just about giving you a tool to grow but ensuring the journey is as smooth and hurdle-free as possible.

Prerequisites

Before diving into the world of credit, it’s essential to understand if you’re a suitable candidate for the Fast Track Secured Credit Card. This isn’t just any card; it’s an opportunity to embark on a financial journey. So, who qualifies for this card?

Age: You need to have celebrated your 18th birthday or more. This is the age at which most financial institutions consider an individual mature enough to handle credit responsibilities.

Location: You need to either be a proud resident of the U.S. or hold its esteemed citizenship. This card is tailor-made for U.S. citizens, ensuring they get the best-localized benefits.

Identification: Lastly, a valid Social Security number is non-negotiable. This unique identifier ensures that all your credit activities are appropriately tracked, helping you to build or rebuild your credit score effectively.

Meeting these prerequisites means you’re on the right track (pun intended) toward securing your financial future with the Fast Track Secured Credit Card.

About Security Bank

Security Bank, standing tall as a luminary in the financial domain of the Philippines, has carved a niche by consistently introducing innovative and reliable financial solutions. With its rich legacy and commitment to excellence, this prestigious institution has a broad spectrum of offerings. From tailored loans to savings accounts and their distinctive range of credit cards, they ensure every customer finds a product suited to their unique needs. The Fast Track Secured Credit Card is one testament to their dedication to addressing diverse financial situations and goals.

Who is this card for?

Delving into the essence of the Fast Track Secured Credit Card, it emerges as a beacon for those at the crossroads of their credit history. Whether you’re embarking on your credit voyage or someone who’s had a few bumps and is ardently looking to rejuvenate and revitalize your credit status, this card is your companion. It’s been meticulously designed to cater to the aspirations of individuals who yearn for a robust credit foundation or seek a fresh slate in their credit narrative. Security Bank extends a hand to those committed to financial growth and stability through this card.

Step by step to apply for the card

  • Step 1: Navigate to the Security Bank website or dial (+632) 8887-9188.
  • Step 2: Furnish essential details such as name, contact information, and Social Security number.
  • Step 3: Complete the security deposit procedure.
  • Step 4: Upon approval, your card will be dispatched to your registered address.

For a digital approach, the card is also accessible via their apps:

Positives and Negatives

Pros:

  • Simplified credit-building
  • Reasonable deposit requirement
  • Rewarding expenditure points
  • Transparent credit progression updates
  • No yearly charges

Cons:

  • Elevated interest rates
  • Charges on foreign transactions
  • Fees for late payments
  • Over-the-limit fees

How do I unlock the card?

To activate the Fast Track Secured Credit Card, visit the Security Bank website or ring (+632) 8887-9188. Ensure you have your card details and SSN at hand.

Fees and Tariffs

Outlined below are the primary charges linked with the Fast Track Secured Credit Card:

  • Annual Fee: $0
  • APR: 24.99%
  • Foreign Transactions: 3% Fee
  • Late Payment Fee: Up to $35
  • Over-the-Limit Fee: $25

Customer Service

For any queries or assistance, reach out to Security Bank:

Final Thoughts

The Fast Track Secured Credit Card by Security Bank stands tall as a stellar choice in a world brimming with financial products. Catering mainly to novices and those recovering from credit setbacks, this card is a potent tool in building or rebuilding one’s credit history. With a paltry deposit, robust rewards, and transparent reporting, it truly aligns with the user’s financial growth. 

Though it’s essential to note the associated fees and higher interest rates, the overall benefits make it an enticing offer. It exemplifies how a dedicated financial institution can make credit-building intuitive and rewarding. Embarking on the credit journey or reinventing it, the Fast Track Secured Credit Card is undeniably a commendable companion. Don’t just take our word for it; explore it and set sail on your prosperous credit voyage.