Ollo Credit Card Review

by Alex T. All You Need to Know

Ollo credit cards appeared only recently on the market, and they tend to target those customers who have a fair credit. Usually, such customers cannot get credit cards with worthwhile benefits, while they are not satisfied with their no-reward credit cards anymore. As the Ollo credit card review shows, such credit cards from Ollo tend to be quite a solution.

First of all, one has to mention that Ollo offers two credit cards: Platinum MasterCard and Rewards Credit Card. Let's consider these two cards in detail.

The first credit card comes without an annual fee. Yet, it features a high interest rate - this is, however, something normal for such credit cards for fair credit. But unlike many credit cards available on the market, it literally skips many fees - including a foreign transaction fee. Besides, it allows you to take advantage of the automatic FICO credit score update online.

The Rewards credit card, as you can suppose, offers cash back: 2% on certain categories and 1% on everything else. However, this card comes with an annual fee of $39. You need to spend at least $1,950 on category purchases per year in order to have this card paying off. If you can afford to have a secured credit card, I would recommend you to get a secured credit card from Discover It.

But if you wish to get an unsecured credit card while having a fair credit, you should definitely consider one of these Ollo cards. After all, they are a perfect tool for those who want to improve their credit and apply for a more decent credit card anytime soon!