Fees & Charges

If you have bad credit or no established credit history, secured credit cards that require a security deposit are a standard option. But with the Fortiva credit card, you can get an unsecured and unfunded card even if you don’t have perfect credit.MyFortiva

There are annual fees and maintenance fees, but your payment history is reported to major credit reporting agencies, who can help you establish your credit score and check your credit score online. To enjoy these benefits, you must access the Fortiva Credit Card registration page and apply for a card.

Charges Associated With Fortiva Credit Cards

One of the disadvantages of the MyFortiva credit card is that it charges a lot of fees. But even without an upfront payment, you will be charged hundreds of dollars in additional fees. Fortiva’s fees are much higher than other unsecured credit cards. The following prices are due:

Annual Fees

Each cardholder’s annual fee is unique and determined by several criteria. From $49 to $175, you can expect to pay for your first year of service. After the first year, the fee should be around $49.

Interest Rate On The Transfer Of A Balance

Funds transfers are subject to a variable APR ranging from 22.74% to 36% for cardholders.

Penalty Charges

If you miss a payment, you will be charged a penalty. The amount of the fee depends on the current state of the legislation. There is a possibility of a cost of $40 or more.

Fee For International Transactions

Cardholders must pay a 3% foreign transaction fee when using their card outside the United States. When you add up all these fees, you get a few hundred dollars for the first year you own the card. In addition, these fees are non-refundable. On the other hand, if you buy a secure credit card, especially a cheap one, you will get your deposit back.