Want quick access to a line of credit without worrying about an annual fee? Then the Gesa Wise Secured credit card might be exactly what you’re looking for, becoming a great ally for daily purchases or travel.
With its secured credit structure, it offers an effective way to manage your finances, keeping security as a priority. It also provides competitive rates, ideal for those who value savings.
Next, you can check out content we’ve prepared especially for you, who are tired of cards with few advantages and hidden fees. Keep reading and be surprised by this option offered by Gesa.
About the Issuer
The Gesa Wise Secured card is issued by Gesa Credit Union, a respected financial institution that has been serving its communities since 1953. With a rich history of supporting its members, Gesa Credit Union stands out for offering high-quality financial products at affordable prices.
Gesa is recognized for its customer-centric approach, providing personalized and transparent services that are trusted and respected. Applying for the Gesa Wise Secured also means choosing an institution that values financial education and community development.
Besides offering excellent banking services, Gesa Credit Union also seeks to positively impact the communities in which it operates, providing fair and reliable service to its members.
Benefits
Credit Building: The primary benefit of the Gesa Wise Secured is its ability to help build or rebuild credit. Card activities, such as on-time payments and responsible use, are reported to major credit bureaus, which can help improve credit scores over time.
No Annual Fee: Another significant attraction is the absence of an annual fee, making the Gesa Wise Secured credit card an affordable option for those who want to save while improving their credit.
0% Introductory APR: The card offers a 0% introductory APR on balance transfers for the first six months, making it a useful tool for consolidating higher-interest debts.
Rental Car Insurance Coverage: This card also includes rental car insurance coverage, providing additional peace of mind while traveling. This benefit is usually available on premium cards, but the Gesa Wise Secured offers it, adding value to the portfolio of advantages it brings to its users.
No Foreign Transaction Fees: For those who travel frequently, the Gesa Wise Secured does not charge foreign transaction fees, meaning you can use the card for international purchases without incurring additional costs.
Easy Approval: The card is secured by the funds the customer has in their savings account. This makes the approval process less bureaucratic and opens doors even for those with limited credit history.
Gesa Wise Secured Credit Card – Fees and commissions
One of the main advantages of the Gesa Wise Secured credit card, as mentioned earlier, is the absence of an annual fee. The annual percentage rate (APR) starts at 14.24%, varying based on credit analysis.
Additionally, the 0% APR offer on balance transfers for six months is a major attraction, especially for those needing to consolidate higher-interest debts.
It’s important to note that fees can change without notice, so it’s always a good idea to check the terms at the time of application.
Card limit
The credit limit of the Gesa Wise Secured is determined by the amount available in the account holder’s savings account. This deposit serves as collateral and defines the available credit limit, offering a secure way to manage your finances.
Over time, as you establish a good credit history, it’s possible to apply for other unsecured cards, which offer higher credit limits.
Positive points
- No Annual Fee:No fixed annual cost.
- Easy Approval:Can be approved for different credit profiles.
- 0% Introductory APR:Benefit for balance transfers.
Negative points
- Security Deposit:Requires available funds in the savings account.
- Variable Interest Rate:The APR can be high depending on credit history.
- Limited Benefits:The card does not include rewards programs.
How to apply for Gesa Wise Secured Credit Card
You can apply for your Gesa Wise Secured credit card at any time by following these steps:
- Visit the Gesa Credit Union website;
- Navigate to the Gesa Wise Secured card page;
- Check out all the card’s features;
- Click “Get started“;
- Complete the online prequalification form;
- Submit the necessary financial information;
- Make the security deposit;
- Wait for approval and receive the card.
How to contact Gesa
If you have questions about the Gesa Wise Secured, contact the issuer through the following means:
- Phone: (888) 946-4372
- In Person: Visit a Gesa branch and speak with a representative.
Don’t miss this great opportunity and apply for your Gesa Wise Secured credit card now—a safe, convenient, and economical option to boost your finances!
