Issuer: Amalgamated Bank of Chicago
Type: Master Card
APR ( Annual Percentage Rate)for Purchases: 9.25%
APR ( Annual Percentage Rate) for others: 14.50%
Annual Fee: 50$
Grace period for repayment: 25 days
Reports to all major credit bureaus
Easily online access to your account
There are two types of cards in the category of secured credit card one is Gold Secured card and the other is Standard secured card.
FAQ's:Qes) Is it guaranteed that one receives his credit card when he applies for it?
Ans) No, there is no guarantee that one can receive or a credit card can be issued in favour of the person only by filling an application for it. As Bank reports to all major credit bureaus for verification and only then decide upon it.
Qes) Can Amalgamated Bank card can be used for making payments of other companies?
Ans) Yes, one can use this card as a normal credit card make payments for one's bills.
Qes) Why does secured credit card take so much time to issue from Amalgamated Bank ?
Ans) Secured cards are meant for the people who have low or bad credit, so it takes time for approval. For more enquiries one can check the terms and conditions.
Qes ) How does Amalgamated Bank card works , there are reviews that say these are fraud?
Ans) To check whether it is a fraud or not read the terms and conditions when you apply for the credit card offers.
Qes) What do one requires to apply for this Amalgamated Gold Card?,br>
Ans) To qualify for this card the following things are required:
a) Age ( one has to be 18 years old )
b) Valid U.S address
c) Social Security Number
Read the offer document to see all requirements.