I got this card years ago in exchange to pay off a debt. It helped me to rebuild my credit and pay off a debt at the same time. I've kept it but really no longer need it. It did its job. The only reason I'll be closing the account is because they charge a $25 annual fee. It is a basic card with a low limit so there really is no longer a reason for me to keep it. If you need to build credit and pay a debt, I say take the offer.
Just got this card but I have one similar with another company. These types of cards are good for giving you a chance and rebuilding credit. It's definitely open the door for us. My husband and I have gone from no credit cards to seven, including a Walmart card, in just 6 months. Our scores have gone from low 500's to high 600's. We want to buy a house next year and should be able to do just that and it's all because of the credit cards. This card is just fine as long as you keep your utilization under 30% and pay it on time.
I had a card with this company to rebuild my credit & cancelled immediately. They charged the annual fee immediately & immediately reports to the credit bureau this balance ($75). I did not receive the card until 3 weeks later when I set up my online access & saw this. I called the company to make a payment right away. This didn't reflect on my available balance until 1 week later. In the end, I terminated this card even though I paid the annual fee. I was not satisfied with what this card offered me & do not recommend this card to anyone unless you want to have your credit remain ****ty forever.