The card for professionals relocating to America without a US credit history.
Recommended for those with no credit score or thin credit history.
|Product Name||CreditStacks Credit Card Mastercard®|
|APR (Annual Percentage Rate) for Purchases||17.49% variable|
|Cash Advance Rate||21.74% variable|
|Foreign Transaction Fee||None|
|Cash Advance Fee||$10 or 5% of the cash advance amount, whichever is greater|
|Interest Free Period||Up to 21 days|
|Late Payment Fee||$27|
|Returned Payment Fee||$27|
|Additional Cardholder Fee||$0|
|Minimum Age||18 years of age|
The value of the CreditStacks Credit Card Mastercard® isn’t so much in its features, but in its availability to those without US credit scores.
Specifically, it’s aimed at professionals relocating to the US. If that describes you, then you might know how frustrating it is to get a card without a US credit history. Even if you have steady, well-paying work, few banks are willing to take a chance on you for an unsecured credit card.CreditStacks Credit Card Mastercard® is different because it looks at more than just your credit history. It considers factors like your education, your career and your debt-to-income (DTI) ratio to decide whether to extend credit to you.
Beyond not requiring a credit score, CreditStacks Credit Card Mastercard® also doesn’t require a Social Security number right away. And because CreditStacks Credit Card Mastercard® reports your responsible spending and payments to the major credit bureaus — TransUnion, Equifax and Experian — you can quickly start building your credit score in the US.
Should you get the CreditStack Card?
- If you have a credit score of 580 or higher, you might be able to get a card with more features.
- If you don’t have a credit score or Social Security number, the CreditStacks Credit Card Mastercard® may be an excellent option.
Annual fee: $0.
A $0 annual fee makes it easy to keep the CreditStacks Credit Card Mastercard® long term.
No credit score needed.
It’s rare to find an unsecured credit card that requires no credit score and charges no annual fee. CreditStacks Credit Card Mastercard® looks at factors beyond your credit history — such as your education and career — to evaluate you as a customer.
No Social Security number needed.
It can be tough to get a credit card if you don’t have a Social Security number. Luckily, you won’t need one when applying for the CreditStacks Credit Card Mastercard®.
In lieu of that information, just provide your passport, visa information and proof of US income. Give your Social Security number to CreditStacks after you obtain it in the US.
Reporting to credit bureaus.
CreditStacks reports your account information to the major credit bureaus — TransUnion, Experian and Equifax — which can help you build your US credit score.
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Credit limit up to $5,000.
You may be approved for a credit limit up to $5,000, which is much higher than the typical credit limit for a secured credit card. For example, the maximum is $2,500 for the Discover it® Secured and $3,000 for the Secured Card® from Capital One®.
Because the CreditStacks Credit Card Mastercard® is an unsecured card, you won’t need to put down a security deposit.
Apply before you move to the United States.
As long as your expected relocation date is within 60 days, you can apply for card approval before you move to the US. If you’re approved, CreditStacks tries to get your card to you soon after you arrive in the country.
- No foreign transaction fees.
- No penalty APR.
- No over-the-credit-limit fee.
- Car rental insurance.
- Travel insurance.
- Extended warranty program.
- Your cell phone is insured against theft or damage as long as you pay your monthly bill with the CreditStacks Credit Card Mastercard®.
- Get reimbursed for the price difference if you find better prices on the items you buy with your card.
- Your purchases are insured against theft, damage and loss for 90 days.
- Access to properties in the Mastercard Priceless Cities collection.
- Airport concierge.
- Save 15% on Mastercard Airport Meet and Greet services.
What to watch out for
No balance transfers.
With a balance transfer, you can move your existing debt to your credit card. The CreditStacks Credit Card Mastercard® doesn’t offer this feature.
To find the best deals on balance transfer cards, you’ll need time to build your credit.
What to know before you apply
CreditStacks is currently accepting signups for its waitlist. To apply for the CreditStacks Credit Card Mastercard®, you must be at least 18 years old.
What credit score do I need?
Unlike many other cards, you don’t need a credit score to apply for the CreditStacks Credit Card Mastercard®. In fact, the card is specifically targeted to customers without one.
Do I need a Social Security number?
You don’t need a Social Security number to apply. Instead, you’ll provide your visa information, passport, and proof of US income. Give your Social Security number to CreditStacks once you’re in the US.
How to sign up for the CreditStacks waiting list
1. Go to the CreditStacks website and click Apply Now.
2. Fill in your full name, email address and employer. Also, tell CreditStacks whether you currently live in the US, when you’ll be moving and what your residency status will be.
3. Review your information and clickSubmit.
If you have questions, send CreditStacks a message from its website.
- Click the orange Help button at bottom right.
2. Provide your name, email address and question, and then click Send.
The CreditStacks Credit Card Mastercard® taps into an underserved market: Relocating professionals who don’t have US credit histories. Because it doesn’t require a US credit score or Social Security number, it may be a natural choice — especially when other banks may deny you.
The card offers a high maximum credit limit, which makes it more attractive than secured credit cards. And because CreditStacks reports your account information to the major credit bureaus, you can quickly start building your US credit history.
Looking for another card? Visit our comprehensive guide to credit cards to compare your options.