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UltraVX




  • Credit-On Demand™: up to $25,000 credit line—Patent Pending
  • Instant Approval: no credit check, no minimum income or bank account required
  • Credit Reporting: reports to major credit bureaus
    Clear Rewards™: American Airlines, Southwest, jetBlue, Marriot, and more…no restrictions!
  • Powerful Account Features: direct deposit, bill pay, free alerts, add cash instantly at 100,000 retail locations nationwide

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    Issuer: MetaBank
    Type: Visa
    Rating: 1.33
    Intro APR Period Annual Fee Setup Fee APR Credit Needed
    NA NA $0 $29.95 18% Poor
     



    Total Rating:   1.33
    Name:   ReVeLaTeD
    Rate:   1
    Review: Avoid this card. (1) it's basically a secured card, don't let them tell you otherwise. They force you to submit a deposit into an account to create your credit line, then issue you what's basically a savings account set up as an overdraft protection for the card. Rather stupid, since you could just put the money on the card and use that, and anything that goes over gets declined, but they want to charge you more money. (2)a setup fee? For a Secured card? You're better off going with Wamu or Wells and their Secured cards which don't have this. (3)Rewards are great and all, but what are they rewarding? That you know how to use your OWN money? (4)an 18% APR on a secured card is ridiculous. Wells charges 5% for the first 6 months and like 12% after that. IMO, the best way this card could have worked is if they issued you credit for, say, $300, then allowed you to deposit into a secured collateral account to increase it beyond that at your leisure. Then it's only partially secured. But then the bank wouldn't make as much money.
    May 18, 2007, 7:40 pm


    Name:   lmc
    Rate:   2
    Review: THIS CARD IS A RIP OFF! HAD HORRIBLE EXPERIENCE WITH THEM. I BOUGHT AN ITEM THAT I USED MY MONEY. I LOADED THE CARD TO PUT MONEY ON THE CARD. WHEN I PURCHASE THE ITEM. I HAD TO RETURN IT BACK TO THE STORE. INSTEAD OF THIS COMPANY PUTTING THE MONEY BACK ON MY CARD THEY USED IT AS A CREDIT. BUT THE STUPID CARD IS NOT A CREDIT CARD! DON'T WASTE YOUR TIME I CLOSED THE ACCOUNT.
    November 25, 2007, 6:15 pm


    Name:   BreAnna
    Rate:   1
    Review: This is a scam. Lets say you deposit 100 of your own dollars onto your card, and then spend that 100 dollars. They then try to charge you another 100 dollars. You DONT get a credit limit. Its no better then a prepaid debit card. And they DONT report to credit bureaus. NOWHERE on my credit report does it say anything about ultravx and I've had this card for 6 months.
    May 24, 2008, 12:48 am


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