The amount you deposit usually becomes your credit limit. For example, if you deposit a total of $1,000 at Plastk, you will have $1,000 as the credit limit on your Plastk Secure Credit Card. The minimum amount you need to deposit to be eligible for a Plastk Secured Credit Card is $300, and the maximum you can deposit is $10,000.
| Positive points | Negative points |
|---|---|
| Credit Information | Annual fee of $120 |
| Credit monitoring | Required before you can get your card |
One of the main benefits of using the Plastk Secured Credit Card is that it helps you increase your credit score. This is a great solution if you have a low credit score.If you are new to the country or are a student or are simply trying to rebuild your credit. Plastk reports to the credit bureaus every month and you can even request a free monthly credit score from Equifax to track your progress.
The second big selling point of this card is its rewards system, which is unusual for most secured credit cards. You'll earn cash rewards on every purchase you make, so you're not only repairing your credit, but also getting something in the process.
| Benefits | |
|---|---|
|
Merchandise
|
Use your points to buy merchandise |
|
Charities
|
Give your points to a charity |
|
Bonus
|
Sign-up bonus |
|
Hotels and travel
|
Use points to book flights |
Welcome Bonus
When you sign up for Plastk, you will receive 5,000 Plastk reward points after 3 months of card use if your account remains in good standing. This equals $20.00 that you can redeem as statement credit or spend on other rewards such as events, merchandise, or travel rewards. You can also take advantage of the 0% APR for the first 3 months of card use. Click the button and apply for your card:
I Want My CardHow to earn and redeem rewards
You can redeem them in a variety of ways, including:
- Cash back: apply your points for credit on a statement;
- Merchandise: redeem your points for merchandise from brands like Apply, Sony, and LG;
- Travel rewards: use your points to book flights;
- Gift cards: get a gift card for your points at retailers like Nike, Amazon and Tim Hortons;
- Charitable giving: donate your points to a selected charity;
- Exclusive events: redeem your points for tickets to concerts, the theater, or restaurants.
Credit Monitoring
Knowledge is power! Knowing your credit score is the easiest way to improve it. At Plastk, you are allowed to monitor your credit for free every month! Powered by Equifax. The credit education program provides podcast, videos, tips and insights on how to build and strengthen your credit. Click the button and apply for your card:
I Want My Card
