Credit Cards » Legacy

Legacy Credit Cards Alternatives

The Legacy credit card is an invitation only Visa card, which is designed specifically for consumers who have poor or bad credit. It offers them a way to build their credit up to good or excellent. It is not a secured card. It's an actual credit card so no deposit is necessary. Once you get an invite in the mail, you can apply for the Legacy Visa credit card online via a secured link.

  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn’t expire and there’s no limit to how much you can earn
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is ever lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Help strengthen your credit for the future with responsible card use
Min. Required Credit HistoryIntro APR on Balance TransfersIntro APR on PurchasesOngoing APRAnnual Fee
Average, Fair, LimitedN/AN/A24.99% (Variable)$39
  • See if you Pre-Qualify without harming your credit score.
  • This fully unsecured credit card with no deposit requirement can be helpful in growing or building credit. Your account activity will be reported monthly to all three major credit bureaus.
  • All the features you want in a credit card are included.
  • Get 1% cash back on eligible purchases, take advantage of free online credit score tracking, and enjoy credit line increase opportunities. Terms apply.
Min. Required Credit HistoryIntro APR on Balance TransfersIntro APR on PurchasesOngoing APRAnnual Fee
FairN/AN/A15.90% - 24.40% Variable$0 - $99
  • No Annual Fee*.
  • No Over Limit Fee*.
  • Instant Response (Delays may occur depending on application data provided).
  • Apply for Fingerhut Credit today*. Fill out our easy online application.
  • Low Monthly Payments*.
  • Choose From Over 500,000 items.
  • Shop Great Brands at Fingerhut.com.
  • Budget Friendly Payments* with Fingerhut Credit!
  • Get the Credit You Deserve*.
  • We just love saying "YES!"
  • *SEE Fingerhut.com Site for Terms & Conditions.
Min. Required Credit HistoryIntro APR on Balance TransfersIntro APR on PurchasesOngoing APRAnnual Fee
Badn/an/a25.15%$0
  • Applying is quick and easy with our fast decision process
  • Less than perfect credit is okay
  • 24/7 access to your account information, even on mobile
  • Card designs to fit your personality at no extra charge
  • Account history is reported to the three major credit bureaus in the U.S.
  • *Dependent on credit worthiness
Min. Required Credit HistoryIntro APR on Balance TransfersIntro APR on PurchasesOngoing APRAnnual Fee
Fair / GoodN/AN/A23.9%$35 - $99*
  • Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
  • Earn 2X miles on all purchases
  • Redeem for travel or cash back statement credits, gift cards and merchandise. Redemption values vary
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Miles don't expire as long as your account is open, active and in good standing
  • No foreign transaction fees on anything you buy while in another country
  • 0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 16.49%, 20.49% or 23.49%, based on your creditworthiness. Please note, there is a fee for balance transfers
Min. Required Credit HistoryIntro APR on Balance TransfersIntro APR on PurchasesOngoing APRAnnual Fee
Excellent/Good0% (12 months (on balance transfers made within 45 days of account opening))N/A16.49%, 20.49% or 23.49%* Variable$89 - waived first year

Legacy Visa for Bad Credit

The Legacy Visa credit card is not your usual credit card. It's actually designed for consumers looking to repair their credit. This typically means people with credit ratings and scores that place them in the bad or poor credit rating category. This is an invitation only credit card, so you can't just apply for the Legacy Bank credit card online. Instead you will be sent information via regular mail, outlining the ins and outs of the card. The actual application is available online, and can be accessed with a code enclosed with the offer.

It would be natural to assume that the Legacy Bank card is a secured credit card, but it's not. It's actually an unsecured Visa card issued by First National Bank. The benefit of using the Legacy Visa credit card is that you don't have to put money down as you would with a secured card - and it's accepted anywhere you see the Visa logo. Your credit limit is based on the information the bank has on hand when you sign up. The credit limits on Legacy credit cards can go up or down based on your usage and payment history.

Members' activity while using the Legacy Visa credit card is reported to the three credit reporting agencies, so with proper use and timely payments you can actually begin to rebuild your credit history over time and then apply for other cards. There is a higher interest rate with the Legacy Visa credit card, but they suggest that over time members can receive a lower interest rate as they prove their creditworthiness.

Members can manage their Legacy Visa card account online directly through the website by using it to access to their statements, dispute charges, pay their bills, and update their profile. Members can also use their toll-free number.

Individuals who have bad or poor credit, and are having trouble obtaining other credit cards may well find the Legacy credit card interesting because it is actually a credit card and not a secured card so they don't need to put any money down on it. Since it is also a Visa card it can be used on day-to-day purchases anywhere that normally accepts Visa.