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Corda Credit Cards
Question | Answer |
---|---|
What are the 3 types of personal credit cards? | Visa Platinum, Visa Platinum Plus, and Visa Platinum Rewards |
What are the FEATURES of a Corda credit card? | - 25-day interest free grace period on purchases - Minimum payments are only 3% of your balance each month ($20 minimum) - No annual fee - No late penalty until the 10th - Build credit - Second payment option - Low interest rates |
What are the BENEFITS of a Corda credit card? | - Save money - Convenience - Security - Earn money (on Rewards card) - Peace of mind - Consolidation - Safety |
Which card is great for someone just starting out and trying to build their credit? | Visa Platinum Credit Card |
Which card is great for someone who typically carries a balance every month and has good-to-great credit? | Visa Platinum Plus Credit Card |
Which card is great for someone who wants to earn something back from their purchases? | Visa Platinum Rewards Credit Card |
What is the Variable APR of the Visa Platinum Credit Card? | 13.90-23.90% |
What is the Variable APR of the Visa Platinum Plus Credit Card? | 9.90-18.90% |
What is the Variable APR of the Visa Platinum Rewards Credit Card? | 10.90-20.90% |
What is a Balance Transfer? | If a member carries a balance on a credit card from another company, they can transfer their balance to a Corda credit card in order to consolidate debt and save money on interest. |
What is a Secured Credit Card? | A credit card in which money must be deposited and held as a "security deposit" or collateral to help minimize the risk of lending out to a borrower. |