Fortiva Credit Card applicants need a credit score between 600 and 700. An annual income of $50,000 or more and consistent employment history are also required. Recent bankruptcies or foreclosures disqualify applicants. Fortiva includes a 0% introductory APR for six months on purchases and balance transfers. Let’s check Fortiva Credit Card Reviews 2024.
Description
Build credit effortlessly while earning rewards on groceries and gas. Let’s learn about Fortiva Credit Card Reviews 2024.
Key Facts
- Fortiva Credit Card carries a variable annual fee ranging from $49 to $149, determined by your creditworthiness.
- The interest rates fall between 24.99% and 35.99% APR.
- Additional charges include a $40 late payment fee, a 3% fee on foreign transactions, and a 5% cash advance fee.
Comprehensive Fortiva Credit Card Reviews 2024
Customer Feedback and ratings
Fortiva Credit Card garners mixed reviews. Trustpilot rates it 4.5/5 for service, while BBB shows 1.05/5 for complaints like billing issues. NerdWallet scores 4/5, praising credit rebuilding but noting high fees. Credit Karma users rate 4.5/5 for ease. WalletHub highlights costly APR (36%) but effective credit improvement
Features and Services
- Credit Score Requirements—A minimum credit score of 600 qualifies for application, but a score of 650 or higher is recommended for favorable terms.
- Cash Back—Cardholders earn 1% cashback on all purchases and 2% on gas and groceries, with no limits or rotating categories.
- Fortiva Credit Card Rewards Utilization—Cashback can be redeemed as statement credits, direct deposits, or gift cards, offering flexibility.
- Credit Line—Approved users are offered a minimum credit limit of $500, with the potential to increase up to $5,000 based on creditworthiness and financial history.
- Foreign Transaction Fees—International transactions incur a 3% fee on the total purchase amount.
- Card Network and Type—As a Mastercard, the Fortiva Credit Card is widely accepted globally. It functions as an unsecured cashback rewards card.
- Purchase Protection—The card provides purchase protection insurance, return protection, and extended warranty services to safeguard your purchases.
- Fortiva Credit Card Travel Benefits—Cardholders benefit from travel assistance, insurance, and concierge services, catering to frequent travelers.
- Digital Wallet Integration—Fortiva supports seamless payments through Apple Pay, Google Pay, and Samsung Pay.
- Mobile App—The Fortiva mobile app, available on iOS and Android, allows for easy account management, bill payments, and rewards tracking.
- Personal Considerations—This card suits individuals aiming to build credit with consistent, on-time payments. Its cashback structure aligns well with routine spending, particularly on groceries and gas.
- Security Features—Fortiva ensures secure transactions with EMV chip technology, two-factor authentication, credit card fraud protection, identity theft safeguards, and secure online account management.
- Additional benefits—Customers also get free credit score tracking and comprehensive account management via online and mobile tools.
Fortiva Credit Card Reviews 2024 Final Thoughts
The Fortiva Credit Card was recognized in 2022 as one of the best credit cards for fair credit and among top cashback cards by NerdWallet. However, NerdWallet assigns a neutral rating, citing a high APR range of 24.99%–35.99% as a drawback, making it unsuitable for long-term credit building.
Critics and experts have shared diverse opinions on the Fortiva Credit Card, giving an overall average critic scores. Experts acknowledge its 1%-2% cashback rewards but suggest evaluating alternatives before subscribing due to high APR, low credit limit, limited rewards, numerous charges, and unfavourable credit card terms.
