PublicSavBk

It is not a prepaid card. Your deposit secures your credit line and does not draw down like a prepaid card. Since this is a regular credit card, you must make payments each month.

Hope this helps! Thank you for considering Public Savings Bank.

1. No
2. Yes
3. A

:)

Hope this answers your questions!

Thank you for considering Public Savings Bank

First, you $75 fee and your security deposit are fully refundable. Qualifying is pretty easy. remember, we do not use a credit report to determine your eligibility. To qualify, you must:

1. be at least 21 years old
2. be able to successfully fund your security deposit
3. be able to successfully verify your identity
4. have the ability to repay the debt.

Thanks for considering Public Savings Bank!

We do not ask employment questions on the application, but you must show your ability to pay back the debt. For this, we need to know your total monthly income and your total monthly expenses. From there, we will do an evaluation to see your capacity to make the monthly payments.

As with all credit, it wont help you if you cannot repay it!

I hope this helps? Thank you for considering Public Savings Bank.

Just a quick point of correction... The application fee was $79. It is now $75 so I'm sure the $69 mentioned in this post was just a typo!

But still we thank you for the nice comments!

Yes, you can raiser or lower your credit limit. If you lower, you will get that portion of your deposit back. When you close the account, you get the entire deposit back - assuming of course you have paid off the full balance! :)

Thank you for considering Public Savings Bank!

Awesome! We love to her this feedback. Thank you and I'm glad the card is helping you reach your financial goals!

Sorry, the PIN is system generated.

A PIN is issued with your card. You can use the card anywhere you would use visa. so any merchant online or offline is fine. However, there is no chip in this card that is used at some on the contactless terminals.

I hope this answers your question. Thank you for considering Public Savings Bank.

This is a real credit card that reports to all 3 credit bureaus. The minimum deposit is $300 and ther's a $75 application fee.

Hope this helps. Thank you for considering Public Savings Bank

Our card does not work that way. Your credit line will always be equal to your security deposit. If you secure $300, your credit limit will be $300.

There is only one fee with this card. We charge a $75 Application fee. There are no annual fees or monthly fees once you get the card so the total cost of ownership is pretty low. the fee is paid when you are approved. If you want a $300 credit line, you send in $375.

I hope this helps. Thank you for considering Public Savings Bank!

Yes, if you have an alternative form of ID. It might be best to call the Customer Service Center so we can walk you through an alternative method to verify your identity. The direct number is 215-344-8145

Thank you for your application. I hope the card helps you reach your financial goals!

We are required to verify your identity and consider all appropriate risks to the bank. ChexSystems is one of the tools we utilize to manage customer identity and risk management.

Hope this helps? Thank you for considering Public Savings Bank

The Ability to Pay calculation is different based on the Issuer, but we make sure you have the ability to make at least the minimum payment.

Thank you for your interest in Public Savings Bank!

I'm not sure how the repositories will accept our data when your credit report is locked down. you may want to call them for that answer, but we still report monthly.

We recently raised our minimum card amount to $300 but if you applied under $200, then you are good for $200.

No, I'm sorry but this card is for personal use only. A business is not eligible for this card.

We do not pull a credit report when determining your eligibility for this card. So freezing your credit report will have no effect on obtaining this card.

Thank you for considering Public Savings Bank

Card issuers are required to determine a customers "Ability to Pay" so you will will see a place in the application for you to enter your monthly/annual income and expenses. From there, Issuers will determine if you can afford the debt.

Even though our card is secured, it is still a regular credit card. So we still must determine if you can pay the debt monthly.

Does this help?

Thank you for considering Public Savings Bank

Yes, you can pay this account on line. The statements are always available on the web site, but they will still come in the mail.

You hit on the major free benefits offered by Visa. The only one you missed was the )% APR on purchases for the first 6 months! :)

Thank you for considering Public Savings Bank!

Good question. The maximum you can qualify for on your initial deposit is $2000. We offer a $5000 lifetime credit limit after you have been a good paying customer.

Hope this helps and thank you for considering Public Savings Bank.

You can increase your credit line by adding additional funds to your security deposit. There is a $25 fee to increase/decrease your credit line. Please note that all credit line increases are subject to credit approval.

Thank you for considering Public Savings Bank!

If you only spend $80 on a $300 credit limit, you have the option of paying it off fully or letting some or all of the balance revolve from month to month.

Your $300 deposit is returned when your balance is paid off and you close the account.

You can increase your credit line by adding more funds to your deposit. please note there is a $25 fee each time to increase your credit line.

Hope this helps! Thank you for considering Public Savings Bank!

At this time, the card will not convert to an unsecured card.

Thank you for being a customer and I hope it has helped you over the last year.

We do not pull credit to determine your eligibility. Credit scores are not a factor.

So there is no minimum time from your bankruptcy to start establishing new credit.

Thank you for considering Public Savings Bank!

It might be best to call our customer service center at 215-344-8145. We'll walk you through the process.

Thank you for choosing Public Savings Bank!