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Ultra VX Visa® Card
The Ultra VX Visa® Card, issued by New Millennium Bank, is a stored value card designed for those who are looking for an above average secured card that also offers a reward program.
Most often, secured credit cards do not have any additional perks or benefits; however, this card does provide a rewards program. With Clear Rewards, cardholders receive one point per dollar spent on purchases. Points can be redeemed for travel rewards with Southwest Airlines, American Airlines, jetBlue, and more.
Although there is no annual fee, there is an account set up fee of $29.95. There is also a monthly participation fee of $6.95 that amounts to $83.40 annually. In total, cardholders can expect to pay $113.35 in fees during their first year. This card also offers instant approval (no credit check, no minimum income, no bank account required), and reports to the major credit bureaus.
The most unique feature of the card is the Credit-On-Demand™ option. Credit-On-Demand™ allows car[ Click here for a full review of the Ultra VX Visa® Card]
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