In today’s world, having a credit card is almost a necessity. Whether you’re building credit or need to make large purchases, credit cards can be incredibly helpful. However, with so many options available, it can be overwhelming to choose the right one. In this blog post, we’ll be taking a closer look at the VERVE Credit Card and what it has to offer.

The VERVE Credit Card is a product of Mid America Bank & Trust Company, and it’s designed for people who have less than perfect credit. If you’ve been denied credit in the past or have a low credit score, the VERVE Credit Card may be a good option for you. The card is marketed towards people who want to rebuild their credit, and it reports to all three major credit bureaus each month.

One of the standout features of the VERVE Credit Card is that it offers a credit limit increase program. With responsible use, cardholders can request a credit limit increase after just six months of having the card. This can be a great way to increase your available credit and improve your credit score. However, it’s important to note that requesting a credit limit increase will result in a hard inquiry on your credit report, which could temporarily lower your score.

Another benefit of the VERVE Credit Card is that it offers a rewards program. Cardholders can earn points for every dollar they spend, and these points can be redeemed for merchandise, travel, and more. While the rewards program isn’t as generous as some other credit cards on the market, it’s still a nice perk to have, especially for those who are rebuilding their credit.

The VERVE Credit Card also has a few fees to keep in mind. There is an annual fee of $99, which is on the high side compared to other credit cards. Additionally, the card has a variable APR that can range from 19.99% to 29.99%, depending on your creditworthiness. Late payment fees and returned payment fees are also on the higher side, so it’s important to make your payments on time to avoid these fees.

Overall, the VERVE Credit Card can be a good option for those who have less than perfect credit and want to rebuild their credit score. The credit limit increase program and rewards program are both nice features, and the card reports to all three major credit bureaus each month, which can help you improve your credit score over time. However, the high annual fee and variable APR are drawbacks to keep in mind, and it’s important to make your payments on time to avoid late payment fees and returned payment fees.

Before applying for the VERVE Credit Card, it’s important to carefully review the terms and conditions to make sure it’s the right fit for you. Additionally, if you’re unsure about your credit score or creditworthiness, it may be a good idea to check your credit report and score before applying. This can give you a better idea of what to expect and help you make an informed decision about whether or not to apply for the VERVE Credit Card.

In conclusion, the VERVE Credit Card can be a helpful tool for rebuilding credit and improving your credit score. However, it’s important to weigh the pros and cons before applying and make sure it’s the right fit for your financial situation. As always, it’s important to use credit responsibly and make payments on time to avoid fees and negative impacts on your credit score.