Amazon has a brand new product that ties into its Amazon Prime membership program, but caters to a specific segment of the market: Those who might not have good enough credit to get a credit card. The new Amazon Credit Builder tool lets users build their own secured credit card. That means they’ll have to put down a refundable security deposit of anywhere $100 to $1,000 to qualify for the card, and the credit limit will match it.
As Amazon explains, all users will have to do to improve their credit and move to an unsecured credit card is to pay at least their minimum payments on time each month.
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Amazon just released a credit card for customers with bad credit originally appeared on BGR.com on Mon, 10 Jun 2019 at 19:06:39 EDT. Please see our terms for use of feeds.
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