The Reflex Credit Card is a below-average credit card for beginners. If you are looking to build your credit, there are better options available.
The card is issued by Celtic Bank and managed by Continental Finance Company, which has been around since 2005 and is the same company behind the Verve Card and Fit Mastercard. They claim to offer, “credit cards for consumers with less-than-perfect credit.” That’s a fair and accurate statement, but there are better options when it comes to beginner credit cards.
We’ll get into the details below, but the biggest negative with the Reflex Card is its $99 annual fee. This is not completely out of line when compared to other beginner cards, however, there is another reoccurring fee on top of the $99.
Looking a little further at the cardholder agreement, I found the card also charges a $10 monthly fee starting in year 2, which brings the total annual fee to a whopping $219.
Before filling out a Reflex Mastercard online application, here is some more information you should know:[Read more…] about Reflex Credit Card Review: Reasons to Avoid It