This card will help you build credit while earning cash back at the same time

Your credit score and the ability to leverage the lending products it unlocks are powerful wealth-building tools that, unfortunately, aren’t usually available to those with a poor (or limited) credit history. Thankfully, there are options — like the Mission Lane Cash Back Visa® Credit Card — that can help you rebuild your credit while offering rewards at the same time.

Even better? The Mission Lane Cash Back Visa Credit Card is not a secured card, so it doesn’t require a deposit. Cardholders earn 1.5% cash back on all purchases, making it an intriguing option to get you on the road to improving your credit.

Keep reading to find out if the Mission Lane card could be a good option for your wallet.

Why credit is important

First, a quick primer on why credit is so important. Your credit score unlocks the ability to rent or own a home; grants access to lines of credit or loans for emergencies, home renovations and large purchases; and even allows you to earn valuable points and miles from credit cards to travel the world, like we show you how to do here at TPG.

In short, your credit score and report tell potential lenders how likely you are to pay back your debt. Factors that go into this calculation include your payment history, the age of your oldest credit line, the amounts you owe and more. It’s important to stay on top of your credit, as the ripple effects of poor credit decisions can take years to repair.


Related: How to check your credit score for free

Luckily, there are ways to improve your credit — even with fair or minimal credit — and you can start to do just that with the Mission Lane Cash Back Visa Credit Card.

How the Mission Lane card works

Even before you get the Mission Lane Cash Back Visa Credit Card, the company is looking out for you. That’s because there’s no hard credit check required to see if you’ll be able to get the card. You can complete this preapproval process without negatively affecting the credit that you’re trying so hard to rebuild. Once you receive preapproval, you can see your card terms before accepting the offer and submitting a formal application.


The Mission Lane Cash Back Visa Credit Card is an unsecured credit card, meaning that you don’t have to put down a deposit to secure a line of credit. This limit may also increase over time, thus strengthening your spending power the longer you keep the card. And depending on creditworthiness, you may have no annual fee (though the card can have a fee of up to $59 for some applicants).

1.5% cash back

Lots of rewards cards have no annual fee, but the vast majority of those require very good or even excellent credit. This can vary by issuer, but typically that means a minimum credit score in the mid-700s. It’s rare to earn rewards from a card geared towards those with fair credit — until now.

The Mission Lane Cash Back Visa Credit Card earns cardholders up to 1.5% cash back on purchases.

This card presents a unique opportunity for those with fair credit to earn rewards while rebuilding and improving their credit.


Additional resources and tools

But Mission Lane doesn’t just offer a card to help you work toward a higher credit score. Cardholders also have access to tools and resources to teach you about your money through Junction, Mission Lane’s online blog. This goes beyond just credit, touching on topics like investing, budgeting and even saving for college.

Articles on Junction cover things like:

How to use credit to rebuild your credit.
Prioritizing bills and debt.
Managing finances when self-employed.

Bottom line

If you’re in the market for a credit card that can help you rebuild your credit and secure your financial future, then you should seriously consider the Mission Lane Cash Back Visa Credit Card.

The low-to-no annual fee card doesn’t require a deposit and has no hidden fees. You can even get preapproved and see your card terms without a hard inquiry on your credit report before you formally apply for the card. Lastly, the card earns 1.5% cash back on purchases.

You’re only one step away from improving your credit with Mission Lane. Apply today.