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SunTrust Bank Reviews — Checking, Savings, CD, Money Market, and IRA Accounts

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

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SunTrust Checking Account Options

Get free checks and cash deposit bonuses, but at the expense of low rates and possible monthly maintenance fees.

Balanced Banking

The Balanced Banking checking account is designed as a basic account which can also help you save on fees by preventing overdrafts. SunTrust automatically provides account holders with overdraft coverage. It’s designed so that your account will decline any ATM or debit card transactions which would cause an overdraft on your account. If an item (such as a check) is returned because of insufficient finds, you’ll pay a reduced fee of $20 instead of the standard $36.Account holders can also opt into the overdraft protection plan, which is an upgrade option that links your checking to another SunTrust deposit account or credit card. You’ll be charged a $12.50 transfer fee for each day you’ll need to transfer money between accounts. If you choose to link an Overdraft Assurance line of credit, you’ll be charged a $7 monthly fee.

You do not earn any interest with a Balanced Checking Account, but you do get a debit card, a free starter pack of 25 checks (or 50% off personalized ones), and a 10% cash deposit bonus if you redeem the cash back into your checking account when using a SunTrust Cash Rewards credit card. There are no ATM fees at any SunTrust machines, but you do not get reimbursed for using out of network ones.

Essential Checking

The Essential checking account is designed for those who prefer to keep a lower minimum balance and may not need overdraft protection. All you need is a minimum of $100 to open the account. However, your card may still be declined for insufficient funds like the Balanced Banking account. If you get any item returned (such as a bounced check), you’ll have to pay the standard $36 fee. You can also choose overdraft protection which has the same features as the balanced checking account.There is no interest earned with this SunTrust checking account, but you get a free starter pack of 25 checks (or 50% off personalized ones), a debit card, and a 10% cash deposit bonus if you redeem the cash back into your checking account when using a SunTrust Cash Rewards credit card. You can avoid the $7 monthly maintenance fee if you keep a $500 minimum daily balance or in qualifying monthly direct deposits per statement cycle.

Essential Checking for Students

This account is meant to help students manage their money easily as well as the ability to save on monthly fees. You won’t be charged monthly maintenance fees for up to five years as long as you’re opening a new checking account and can provide proof of active enrollment at any qualifying school. This includes high school or colleges.Other than the differences mentioned above, the Essential Checking Account for students has the same features as the standard Essential Checking Account.

Select Checking

APY

Minimum Amount to Open

0.01%

$100

The Select Checking Account is for those who want to earn interest on their deposits and intend on making more transactions. Upon account opening, you’ll receive a free starter pack of 100 checks or 50% off personalized ones. You’ll earn only 0.01% interest on qualifying deposits which is significantly lower than other banks.In addition to not paying any fees at SunTrust ATMs, you’ll get reimbursed for two out of network ATM transactions every statement cycle.

There is a $15 monthly maintenance fee, but you can get that waived if you keep a $2,000 minimum daily balance, have at least $2,000 in qualifying direct deposits, maintain $10,000 across linked SunTrust accounts, or if you have a linked small business checking account. You can also get the monthly maintenance fees waived for up to three essential checking accounts.

Signature Advantage

APY

Minimum Amount to Open

0.01%

$100

The Signature Advantage checking account is meant for those who intend on making large and frequent transactions. After a $100 minimum opening amount, you’ll need to keep at least $25,000 in balances across your SunTrust accounts to avoid the $25 monthly maintenance fee.This includes your balance in your checking accounts plus IRA or brokerage accounts through SunTrust and any linked accounts such as money market, CDs, savings, checking, and trust accounts.

You get unlimited free personalized checks and earn interest at 0.01%, which is very low compared to other banks. Account users get a debit card and unlimited transactions. You’ll also get all ATM fees reimbursed and waive the monthly maintenance fees for up to four essential checking accounts.

How to get a SunTrust Bank checking account

To open a SunTrust checking account, go to their website and fill out an online application. You’ll need to provide personal details including your phone number, address, Social Security number and a government-issued ID. You can also do so at your local branch. You can only open a Student Essential Checking Account in person.

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How SunTrust Bank’s checking accounts compare

Even though SunTrust offers services like in-person customer service and digital payments like Apple Pay®, their rates fall way short when stacked against other competitors’ checking accounts rates. Other places offer the ability to earn interest no matter what type of checking account you choose. They also have no monthly maintenance fees whereas SunTrust only waives them if you maintain a minimum amount. While SunTrust has no ATM fees on some of their accounts, other major competitors offer unlimited domestic ATM reimbursement for all their accounts.

If you have existing accounts with SunTrust or enjoy in-person customer service and a wide variety of products with one bank, this bank can be a good choice. However, if you want to earn more than 0.01% APY, then you’re better off going elsewhere.

SunTrust Savings Account Options

Low opening minimum deposit amounts and the ability to earn interest, but rates are lower than competitors.

Essential Savings

The Essential Savings account is a basic savings account for those who don’t need a lot of bells and whistles. There is no minimum opening deposit or monthly maintenance fees, though you need to have at least a balance of $0.01 to prevent account closure. To avoid a $3 monthly statement fee, opt for electronic instead of paper statements.Your money is insured up to the FDIC limit ($250,000) and you can link this account for overdraft protection with your other accounts. There is access to in-person, online, and telephone banking, but you do not have the ability to write checks. The Essential Savings Account does not earn you any interest.

Since this is a savings account, federal banking regulations only allow you up to six withdrawals per month. Otherwise, you’ll be charged $6 per withdrawal with a maximum of six every month.

Select Savings

APY

Minimum Amount to Open

0.01%


*Earn an annual 1% bonus, up to $25,
if you link your account to a Select Checking or
Signature Advantage Checking account.

None

The Select Savings Account gives you a bonus for customer loyalty. You’ll need a minimum opening deposit of $100 and your money is insured up the maximum amount set by the FDIC. You also have the same access as the Essential Savings Account, including the withdrawal limits set by federal banking regulations.However, there is a $7 monthly maintenance fee. You can get that waived if you maintain a $1,000 daily collected balance or set up an automatic transfer of $25 from a SunTrust personal checking account. All deposit amounts earn 0.01% APY.

How to get a SunTrust Bank savings account

You can open a SunTrust savings account by filling out an application on their website. To complete an application you’ll need to provide personal details including your phone number, address, Social Security number, and a government-issued ID. You can also complete an application at your local branch.

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How SunTrust Bank’s savings accounts compare

If you’re looking to open an account to link other SunTrust products, a savings account is a great way to get overdraft protection. However, if you’re only looking at the rates, you’re better off looking elsewhere.

Many online banking options provide at least 10 times what SunTrust is offering with no account minimums or monthly maintenance fees. You do earn a bonus if you opt for the Select Savings account, but it may not negate the higher rates competitors are offering on savings accounts.

SunTrust CD Rates

Offers competitive rates and a lower minimum deposit amount compared to other banks.

Term

APY

6 Month CD

0.50%

12 Month CD

2.00%

18 Month CD

2.20%

24 Month CD

2.40%

58 Month CD

2.75%

SunTrust’s CDs are FDIC insured and features terms from 6 months to 10 years. You’ll need a minimum of $2,000 to open an account and your rate is guaranteed based on your opening deposit amount. You’ll start earning interest from the date you make your deposit and is compounded daily. You can keep interest earned in your CD account or withdraw it into another account.

SunTrust’s CDs are automatically renewed. You’ll be sent a reminder a minimum of 10 days before your account matures. During this grace period, you can either choose to renew the CD, withdraw it, or transfer it to another type of account.

Early withdrawal penalties are based on the amount of time that is left until the maturity date. Keep in mind that you may have to pay the penalty using the principal amount if the interest earned is not enough to cover it.

The early withdrawal penalties are as follows:

  • 1 to 30 days remaining: 7 day’s interest
  • 32 to 90 days remaining: 1 month’s interest
  • 91 days to 11 months remaining: 3 month’s interest
  • 1 to 3 years remaining: 8 month’s interest
  • 3 years to 7 years remaining: 12 month’s interest
  • 7 years and over: 24 month’s interest

How to get a SunTrust Bank CD

You can fill out an online application to open a CD account. To complete the application, you’ll need to provide your personal information such as your address, Social Security number, and a federal issued ID. If you have a co-applicant, they’ll also need to provide their details. Once the application is complete, you can then find your CD at your local branch or online using an external bank account.

Otherwise, you can head to your local branch to open an account.

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How SunTrust Bank CD rates compare

SunTrust Bank’s CD rates are pretty comparable to its major competitors. Their 6-month and 18-month CD rates are slightly lower than other banks, but other terms fall significantly lower. In addition, their minimum opening deposit amount is higher for shorter terms. Other places also offer a wider variety of CD accounts, including those that have the potential for rate increases.

SunTrust Money Market Rates

Rates are comparable to other major banks, but only for its introductory rate.

Signature Money Market

APY

Minimum Amount to Open

0.01%

$100

Special intro rate of 1.01% for the first three months

$10,000

The SunTrust Signature Money Market Account only requires a $100 minimum opening deposit, but you’re not earning any significant interest at 0.01% APY. However, SunTrust offers an introductory rate of 1.01% for the first three months if you make a $10,000 opening deposit. After this period, you will be reverted to their standard APY of 0.01%. Interest is compounded daily and is credited to your account every month. For balances below $10,000, you’ll need to contact SunTrust customer service to ask as they differ depending on if you’re opening a new account or not.

There is a monthly maintenance fee of $15 for this account. However, you can get that waived if you have at least a daily collected balance of $5,000 or make one automated transfer from a SunTrust checking account of $100. You are also limited to six withdrawals as per federal banking regulations. If you make more than six withdrawals during a statement cycle, you’ll be charged a $15 excessive withdrawal fee with a maximum of six.

How to get a SunTrust Bank money market account

Opening a SunTrust Bank money market account is the same process as any checking or savings account. The fastest way to do it is online. Once you provide all necessary details including those of your co-applicants, you’ll then need to find your account online or at your local branch.

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How SunTrust Bank’s money market account compares

While the introductory rate for balances of $10,000 and above is pretty high compared to other banks, this account falls short in amounts less than that.

Their minimum opening is lower, but that’s not necessarily an advantage since you’ll need to pay a monthly maintenance fee for balances below $5,000 or if choose not to make monthly automatic transfers. Other competitors don’t charge fees on their money market accounts.

Some even give you a free debit card as well as the ability to link multiple accounts and write checks.

SunTrust IRA Rates

Term

APY

12 Month CD

2.00%

18 Month CD

2.20%

24 Month CD

2.40%

58 Month CD

2.75%

SunTrust Bank’s IRA CDs require a $2,000 minimum opening deposit and your rate will be based on how much you initially deposit. You can earn tax-deferred earnings and your account is insured up to the FDIC limit. You’ll earn interest from the date you make a deposit and it’ll be compounded daily. Depending on your status, you may be subject to contribution limits so it’s best to check with a SunTrust advisor.

Any interest earned can be rolled into the principal or withdrawn. You’ll earn only 0.01% interest on qualifying deposits which is significantly lower than other banks.ther account. You can see how your investment is doing anytime by logging into SummitView®, which is SunTrust’s wealth management software. Also, your IRA CD will be automatically renewed once the 10 day grace period (including non-business days) is over. You will be sent a reminder when the IRA CD reaches maturity, but there will not be a confirmation of renewal.

Like their regular CDs, there are early withdrawal penalties or if you decide to transfer ownership of your CD before the maturity date. These penalties are based on how much time is left until your maturity date.

The early withdrawal penalties are as follows:

  • 1 to 30 days remaining: 7 day’s interest
  • 32 to 90 days remaining: 1 month’s interest
  • 91 days to 11 months remaining: 3 month’s interest
  • 1 to 3 years remaining: 8 month’s interest
  • 3 years to 7 years remaining: 12 month’s interest
  • 7 years and over: 24 month’s interest

If you haven’t earned enough interest to cover the early withdrawal penalty, SunTrust will use some of the principal amount to cover it. In addition, you may be subject to an additional tax penalty by the IRS if you’re less than 59 ½ years old.

How to get a SunTrust Bank IRA CD

To open a SunTrust Bank IRA CD, you’ll need to call the SITS client advisory center at 1-877-962-9032 to speak to a representative.

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How SunTrust Bank IRA CD rates compare

SunTrust Bank’s CD rates are higher than the national averages. Their 12-month CD IRA, however, falls short, as other institutions offer IRA CD rates that are much higher. SunTrust also doesn’t offer shorter terms and their minimum opening deposit is higher compared to competitors.

Overall review of SunTrust Bank

SunTrust Bank’s CD and IRA rates have competitive rates and the bank offers a wide variety of terms. However, their checkings and savings accounts fall short, with many of them not earning you any interest. If this is important to you, then you’re better off looking elsewhere. Many alternative online banks offer much higher rates with no monthly maintenance fees.

However, SunTrust does provide a wide variety of banking and investment products. You can choose anywhere from the most basic of accounts to products intended for frequent use. SunTrust also gives you the ability to link multiple accounts and offers financial incentives to do so.

If you like brick and mortar banks as well as keeping all your finances in one place, SunTrust is a good option. Even if their savings and checking accounts don’t have the best rates, you may be able to make up for it with their CDs and IRAs.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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Auto Loan, Reviews

LightStream Auto Loan Review

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

Reviewed By

If you’re in the market for a quick, affordable and hassle-free way to finance your next car, a LightStream auto loan should definitely be on your radar. It’s particularly well-suited for deal-seekers with good credit who don’t mind working with an online company when it comes to financing their cars. If you’d rather work with a local company that can offer in-person support, however, you might want to skip this lender.

How LightStream auto loans work

LightStream offers a wide range of options for financing your next ride, including:

  • Purchase of a new or used car, either from a dealer or an individual
  • Auto loan refinance (except it does not refinance its own loans)
  • Auto lease buyouts
  • Loans for motorcycles, as well as boats and RVs
  • Classic car loans

Auto loans at a glance:

  • Starting APR range: 3.49%–9.49%
  • Fees: None
  • Loan amounts: $5,000–$100,000
  • Terms: 24–84 months
  • Credit requirements: Minimum 660 credit score
  • Mileage or vehicle restrictions: None

LightStream offers the same starting rate whether you’re buying a new or used car from a dealer, something you don’t see at other lenders. But keep in mind that the lowest rates go to those with the best credit who opt for the shortest loan terms possible and use autopay to make their car payments.

Satisfaction guarantee

If you see a lower rate elsewhere, LightStream will beat any verified offer with a rate that is .10 percentage points lower. It also promises a $100 guarantee within 30 days if you aren’t satisfied with your loan experience.

How to apply for a LightStream auto loan

The only way you can apply for a LightStream auto loan is through its online form. It is an online lender, after all, so you should be comfortable with handling your business details — including the loan application — online. You’ll need to:

  1. Acknowledge receipt of LightStream’s statement on the use of electronic records.
  2. Agree to receive electronic records.
  3. Agree to use electronic signatures to sign your loan documents.

You’ll also need to have a Visa or Mastercard credit card to apply, which LightStream uses during the verification process.

You will be asked to provide:

  • The purpose, term and amount of desired loan
  • Your name
  • Your address
  • Phone number
  • Social Security number
  • Employment information
  • Annual income
  • Total amount of assets and equity in your home

From there, LightStream may contact you for more details and documentation. If approved, you’ll need to sign your loan documents electronically and provide LightStream with your bank account details. The money will then be deposited into your bank account, which means you’ll need to pass it along to the seller, whether that’s a dealer or private seller. LightStream will not send the money to the seller directly.

It’s important to note that LightStream doesn’t offer any preapproval options, but if you apply and are approved for a loan, you are under no obligation to accept the loan.

How to qualify for the best rates

LightStream requires good credit at a minimum, but looks for excellent credit when giving the best rates. It defines excellent credit as:

  • Five or more years of significant credit history.
  • A credit history with a variety of account types such as major credit cards (for example, Visa, MasterCard, Amex), installment debt (vehicle loans) and mortgage debt if applicable.
  • An excellent payment history with no delinquencies or other problems repaying debt obligations.
  • A proven ability to save as shown by some or all of the following: liquid assets (stocks, bonds, bank deposits, etc.), cash down payments on real estate, retirement savings and little, if any, revolving credit card debt.
  • Stable and sufficient income and assets to easily repay current debt obligations and any new loan with LightStream.

Pros and cons of LightStream auto loans

LightStream offers the convenience of an online lender with the backing of a brick-and-mortar bank as the online arm of Truist, the bank created by the merger of  SunTrust Bank and BB&T. But it’s important to weigh all of your options carefully when choosing an auto loan. It’s one of the biggest purchases you’ll make, after all.

Pros

  • Wide variety of loans: New, used, refinance and lease buyouts loans are available on a wide range of vehicles. Unlike other lenders, LightStream doesn’t place restrictions on your vehicle’s age, make, model or mileage.
  • Decent rates: We’ve seen lower starting rates at credit unions, but you’ll have to meet membership requirements. LightStream has no membership requirements and provides the same starting rates for new and used vehicles as well as refinance loans.
  • No down payment required: LightStream finances up to 100% of the car’s cost. Of course, it’s always best to put down as much as you can afford on an auto loan. This will help you save money over the life of your loan and avoid becoming underwater on that loan.
  • Quick funding: If you complete the application process and are approved by 2:30 p.m. EST, you could receive funds the same day.
  • Good reviews: LightStream auto loan reviews are generally positive.

Cons

  • Good credit required: To qualify for a LightStream auto loan you’ll need a credit score of at least 660 or better.
  • No preapproval process: Unlike many lenders, you’ll have to complete a full application in order to see your rates and terms. Still, the process is fast, and if you complete your rate shopping within a certain time period, multiple applications should not impact your credit any more than a single application.
  • No face-to-face service: If you’re the type of person who likes to seal the deal with a handshake after signing the documents, you’ll want to stick with some place local.

LightStream vs. Capital One

If you’d like a bit more of a guided approach to the car-buying process,  Capital One’s Auto Navigator loan options might be better for you. Rather than sending you cash directly that you can use on whatever car you want to buy, Capital One’s Auto Navigator service lets you first get prequalified for financing, and then shows you which dealers in your area may offer based on the type of car you want to buy and the financing you can afford.

If any of the offerings pique your interest, you can then finish the application and buy the car. It’s still a good idea to compare the offer with other new and used car loan rates.

LightStream vs. Carvana

Carvana works similarly to Capital One Auto Navigator in that you can prequalify for financing and browse real cars in your area that you may then be able to buy. It’s important to remember that Carvana only sells used cars and its financing is only available on Carvana cars. But it is possible to finance here with poor credit — Carvana requires borrowers to be 18 years old, have no active bankruptcies on their credit report and earn at least $4,000 per year.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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Credit Cards, Reviews

CreditStacks Mastercard Review

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

Written By

The CreditStacks Mastercard offers a unique opportunity for individuals with little or no U.S. credit history – such as recent college graduates or professionals relocating to the U.S. for employment – to be approved for a credit card.

That’s because instead of requiring a Social Security number (SSN) or individual taxpayer identification number (ITIN) as most traditional credit cards do, the CreditStacks Mastercard allows applicants to apply using a valid passport or U.S. government-issued ID, a U.S. visa or a permanent resident “green” card (if applicable), as well as proof of income. The CreditStacks Mastercard also allows you to apply up to 60 days prior to starting your new job in the U.S.

We break down the pros and cons of the CreditStacks Mastercard, and show how it compares to the Capital One® Secured Mastercard®, which is also designed to help individuals establish or rebuild credit.

CreditStacks Mastercard pros

No credit history required. With the CreditStacks Mastercard, you can apply without a Social Security number and with little or no U.S. credit history. Once you obtain your Social Security number, you must provide it within 60 days of account opening. At that point, CreditStacks will begin reporting your credit activity to the Equifax and TransUnion credit bureaus.

Note, if you have been living in the U.S. for more than one year, you will be required to provide a Social Security number when applying for the card. A credit check may also be performed.

Decent credit limit. The CreditStacks Mastercard offers a credit line of up to $5,000 – which is a generous amount for an unsecured credit card that doesn’t require credit history.

Your credit limit will be determined by the proprietary underwriting procedures of CreditStacks, which will consider your current employment situation and additional factors, instead of your credit score.

No annual fee. The CreditStacks Mastercard comes with a $0 annual fee.

Additional CreditStacks Mastercard benefits:

  • Mastercard ID Theft Protection(™). Access free identity theft resolution services, as well as Mastercard ID Theft Alerts(™).
  • Extended warranty. Receive an extended warranty of up to one year past a manufacturer’s warranty of 12 months or less.
  • Purchase protection. If you are dissatisfied with a purchase, you may be eligible to receive a full refund for up to 60 days from the date of purchase.
  • Price protection. Get reimbursed for the difference if you find a lower price for an eligible new item within 60 days of purchase using your CreditStacks Mastercard.
  • Purchase assurance. Cardholders receive coverage if an item is lost, damaged or stolen within 90 days of purchase.
  • Travel protections. The CreditStacks Mastercard offers a MasterRental(R) collision damage waiver, lost or damaged luggage insurance, travel accident insurance, baggage delay insurance and trip cancellation and trip interruption insurance. Plus, receive access to exclusive experiences and offers through Priceless Cities and special travel offers through Mastercard’s online booking tool.
  • Cellphone insurance. If you use your CreditStacks Mastercard to pay your monthly cellphone bill, you can receive coverage against theft or damage of up to $600 per claim and up to $1,000 per 12-month period.

CreditStacks Mastercard cons

No rewards program. The CreditStacks Mastercard does not offer a sign-up bonus or rewards on the purchases you make using the credit card. That said, when trying to build or rebuild credit, it’s best to focus on paying your bill on time and in full (when possible) each month, rather than racking up rewards.

No intro APR on purchases. The CreditStacks Mastercard does not offer a 0% intro APR on purchases – meaning, if you don’t pay your balance in full each month, you will be subject to interest charges at a rate of 15.49% Variable APR.

That said, the card’s ongoing APR for purchases is reasonable – considering that some cards designed for individuals with little or no credit come with APRs upwards of 26.99% (variable).

Compare it to the Capital One® Secured Mastercard®

Similar to the CreditStacks Mastercard, the Capital One® Secured Mastercard® is designed for individuals with little or no credit. However, because it is a secured credit card, the Capital One® Secured Mastercard® requires a refundable security deposit of $49, $99 or $200, for an initial credit line of $200.

If you deposit more money before your account opens, you may be eligible for a higher credit line, up to $1,000. Additionally, you can be given access to a higher credit line after demonstrating responsible card usage by making your first five monthly payments on time.

While the Capital One® Secured Mastercard® does not require U.S. citizenship to apply, it does require a valid SSN or ITIN, as well as a residential address in the U.S. or a U.S. military location.

See how the cards compare side-by-side in the table below.

CreditStacks Mastercard vs. Capital One® Secured Mastercard®

 CreditStacks MastercardCapital One® Secured Mastercard®
Annual fee$0$0
Rewards rateN/AN/A
Credit lineUp to $5,000$200-$1,000
Deposit requiredNone$49, $99 or $200
Regular purchase APR15.49% Variable26.99% (Variable)

The Capital One® Secured Mastercard® also comes with a number of benefits, including auto rental collision damage waiver, travel accident insurance, extended warranty and 24-hour travel assistance services. As a Capital One member, you will also have access to virtual card numbers and account alerts from Eno, as well as access to your credit score and fraud monitoring through CreditWise.

But if you plan to carry a balance on your card, you’ll be better off with the CreditStacks Mastercard, since the Capital One® Secured Mastercard® comes with a substantially higher APR of 26.99% (Variable).

Read our: Capital One Secured Mastercard review

Which credit card is best for me?

If you haven’t yet established credit in the U.S., the CreditStacks Mastercard could be a good fit. In addition to not requiring a Social Security number for approval, the card helps build your credit by reporting to two major credit bureaus.

But if you’re in the market for a secured credit card and already have a SSN or ITIN, the Capital One® Secured Mastercard® is a good alternative. While the card offers a much lower credit line than the CreditStacks Mastercard, it does offer a variety of useful benefits that aren’t common for a secured credit card.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.