In this review, you will understand why the preferred Visa Gold credit card is an excellent option for people who want to escape the credit checks made by financial institutions. 

Have you ever come across those banks that do a very extensive investigation into your financial background before providing you with a credit card? Yes, many people go through this and look for a simpler solution. And that is why we are going to tell you a little in this article about The advantages and disadvantages of the Visa Gold preferential credit card guaranteed by the applied bank.

After all, it is very important to understand everything about the credit card before applying. This is due to the fact that there are many cards available, and it will stay with you for years to come.

Among the biggest advantages of this card is the fact that it is a virtually guaranteed option for everyone who applies for it because the card has no minimum credit requirement required and does not do any kind of previous credit checks.

In addition, the card also uses a very low APR compared to other similar products. In addition, it is possible for you to choose your credit limit, all based on your security deposit, which will be done initially. Furthermore, the annual fee charged is low compared to other cards that do not do credit checks. 

Finally, the card can also be a great advantage for people who want to use it when establishing or rebuilding their credit. For example, people who went through financial difficulties and became indebted. And now they want to rebuild their credit history. Or even people who are starting their financial lives now.

As we said earlier, this card is famous precisely for not having many requirements to provide the credit card. However, there are some minimum requirements that you need to meet in order to have your application approved. First, it is important that you are of legal age, that is, 18 years or older to complete any type of financial transaction.  

However, in addition to the minimum age requirement, you will also be asked to provide some proof of income to prove your credit card payment capacity. And finally, one of the last requirements is residency verification. For this, you must present a valid proof of residence on your behalf from the last 3 months. In that case, you can present a bill for electricity, water, gas, etc. 

As mentioned above, we are currently providing a good Credit Card Review. For this, we need to present not only the advantages, but also the disadvantages of it. In the case of the preferred Visa Gold credit card, guaranteed by the applied bank, there is the great disadvantage of charging an annuity.

That is, you will need to pay an annual fee to use the card, even if you are not actually using it. In addition, this card may also have slightly higher rates and fees than traditional ones and does not have rewards programs.

This means that you will not be part of any type of points and rewards program, where you will earn a part of the amount spent to exchange for products and discounts later. Which is a program often offered by other types of credit cards, which can be a big disadvantage in the long run. 

If you liked the card proposal and want to request yours, rest assured that we will help you. To do so, just click the button below and you will be redirected to the request page. Then just order yours real quick!