#Continental finance reflex login free

The easiest and best way is to set up autopay. There are 6 ways that you can pay your Reflex credit card bill. Once again, your rent or mortgage should be no more than 30% of your income. You should also have no delinquencies or late payment during your repayment journey and ideally have an income that is at least $50,000. While you may be a new rebuilder, your credit utilization should not be too high. You may be approved with score in the 500s or low 600s. The requirements for the Reflex $300 and $500 are slightly less stringent. Requirements : Reflex $300 and $500 Versions

This last point is very important because subprime issuers are putting more emphasis on your monthly free cash flow (ie your monthly income has to exceed your expenses) and they do use third party verifiers to double check and verify your income. You should ideally have an income of at least $50,000 and your rent or mortgage should be no more than 25% of income. You should also have no delinquent account during this period and settled any charge offs that you have. You ideally should have been rebuilding for the last one to two years and your absolute debt levels should be trending down. Your credit utlization should be no more than 35%. We are talking about credit scores around the 650 area. To get pre-approved and ultimately approved for the Reflex $750 and $1,000 versions, you would need to be on the higher end of the 'bad credit' spectrum. Requirements : Reflex $750 and $1,000 Versions But note that you do need a checking account to be approved. Purchase APR - The regular purchase APR for all four versions is 29.99%.Ĭredit Score Needed and Other RequirementsĪs Reflex could offer you any of the four offers mentioned above, it stands to reason that there are slightly different requirements for each of them. The $300 credit limit version has a first year annual fee of $75, which increases to $99 from the second year onwards. If you are offered the $300 or $500 credit limit version, you will be charged a monthly fee from the second year onwards.Īnnual Fee - The annual fee for the $500, $750 and $1,000 version is $125. In reality, if you are offered the version with either $750 or $1,000 credit limit, there will be no monthly fee. Monthly Fees - The terms and conditions also states that you 'may' be charged a monthly fee from the second year onwards ranging from $0 to $10 a month. Those who got the $1,000 initial credit limit will have it doubled to $2,000. For example, those with $300 starting credit limit will have it doubled to $600. After six months of on-time payments, your intitial credit limits will double. In reality, you may be presented with offers with a $300, $500, $750 and $1,000 credit limits. Starting Credit Limit Which Doubles after 6 Months of On-time Payments - As far as the credit limit goes, the terms and conditions say the minimum starting credit limit is $300 and the maximum is $1,000.

Before I go through each of them, here are the overall terms and conditions for every one of these four offers. You will be presented with four offers, each with a different credit limit and fees. The Reflex Mastercard allows you to go through a pre-approval process with no impact on your credit score. Overall Terms and What to Expect After Pre-approval The table below highlights these four possible versions and we will go through each of them. If you are pre-approved for the Reflex Mastercard (after going through the pre-approval process with no impact on your credit score), there are four offers and versions that you could possibly be offered. The different credit limits that you will be offered comes with different fees and in this review, I will evaluate all the 4 different offers you could possible get see how it stacks up againsts its peers. Getting the Reflex credit card also comes with common perks like free Vantage 4.0 credit scores, mobile app, auotpay. It is also one of the few credit cards that allow you to pay with a debit card (though you have to pay over the phone for that). They are also a true second chance credit card as they have approved those who have burned them in BK just a few months after being discharged. Reflex will also appeal to rebuilders who have just been discharged from bankruptcy as they will approve post BK applicants. Reflex also has a good track record of increasing your credit limit and the maximum credit limit you could get is $4,000. It is one of the rare subprime credit cards that will double your credit limit after 6 months if you pay the first 6 bills on time. The Reflex Mastercard credit card is an unsecured credit card for rebuilders from Continental Finance that is issued by Celtic Bank.

#Continental finance reflex login free