Surge Mastercard® Credit Card review

How to apply for the Surge Mastercard® Credit Card

1. Select Apply now.
2. Complete the application form with details like your name, address, contact information and annual income.
3. Review your application and submit it.

What credit score do I need?

You can apply with limited, fair or even good credit. Continental Finance markets this card as a tool that helps you build or re-establish credit.

Surge Mastercard® Credit Card drawbacks

• Annual fee: $75 to $99. This is a very high annual fee, especially for a card that doesn’t offer rewards. If you don’t want to pay this cost, consider a secured card, which can be a lot cheaper. The $75 to Surge Mastercard® Credit Card annual fee will be deducted from your credit limit each card year. If you start with a $500 limit, for example, it will drop to $401 immediately.
• Monthly maintenance fee: $0 to $10 starting the second card year. Starting your second card year, Continental Finance will charge up to $10 every month as a maintenance fee, which adds up to as much as $120 a year. This is highly unusual for most credit cards, and it can get expensive. As with high annual fees, however, monthly maintenance fees aren’t unheard of with subprime cards. To avoid these costs, look into secured cards.
• You may be required to put down a security deposit. Continental Finance will review your application for an unsecured card. However, it may approve you for a secured card instead. In that case, you may need to put down a refundable deposit of $50, $100, $150 or $500. Continental Finance may use this deposit to pay off your balance if you don’t pay your card bill.
• High interest. Your purchase and cash advance APR will be 24.99% to 29.99% variable, which is an extremely high rate. Strongly consider paying off your balance in full each month, or you could find your interest multiplying faster than you expect.
• Penalty and transaction fees. You’ll pay up to $41 per late payment and up to $41 per returned payment. These are standard across the credit card industry. After the first 12 months, you’ll pay the greater of $5 or 5% per cash advance and a 3% fee per foreign transaction.

Surge Mastercard® Credit Card benefits

• Apply with credit of any type. Continental Finance, the card servicer, markets this card to consumers with all levels of credit — good, bad and limited.
• Payment history reported to the three major bureaus. As you pay your card bills, Continental Finance will report your payment history to the three major US credit bureaus: TransUnion, Equifax and Experian. With consistent on-time payments, you’ll steadily build your credit.
• Receive a starting credit limit of $300 to $750. This is a good starting limit for a subprime card. However, watch out for the annual fee, which will reduce your available credit right away.
• Get a decision on your application quickly. Continental Finance advertises a quick application process. Because you can apply online, you may receive an immediate decision on your application. If Continental Finance needs to review your application further, allow 7 to 10 business days to hear back.
• Transaction fees waived for the first 12 months after account opening. For the first 12 months, you won’t pay cash advance or foreign transaction fees. Still, strongly consider avoiding cash advances, as they’ll accrue interest right away.

Compare secured cards

If this card isn’t right for you, compare other secured cards on the market. Consider factors such as fees, APR, security deposit requirements and if the card offers any additional benefits you might find useful.

Sort by:

Name	Product	Filter values	Minimum deposit required	Purchase APR	Annual fee	Minimum Credit Score
Capital One Platinum Secured Credit Card			$49, $99 or $200	26.99% variable	$0	New to credit	A no-annual-fee secured card that separates itself from the pack with a $200 credit limit after making a more affordable than average deposit of $49, $99 or $200.	Apply now View details	Compare	loading Fetching your data...
Capital One Quicksilver Secured Cash Rewards Credit Card			Starting at $200	26.99% variable	$0	300	No annual or hidden fees, and you can earn unlimited 1.5% cash back. See if you're approved in seconds.	Apply now View details	Compare	loading Fetching your data...
OpenSky® Secured Visa® Credit Card			Starting at $200	18.89% variable	$35	300	Apply for this card with no credit check if you're new to credit or have bad credit.	Apply now View details	Compare	loading Fetching your data...

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Bottom line

You can apply for the Surge Mastercard® Credit Card even if you have low to fair credit. However the card comes with steep fees and interest, and you’re not guaranteed to get the unsecured version. For this reason, you could find a better card that serves your needs.

Strongly consider a secured credit card instead, which you can get by providing a refundable security deposit.