Aspire^® Cash Back Reward Card Review

Who is the Aspire^® Cash Back Reward Card for?

The Aspire^® Cash Back Reward Card is an unsecured credit card for people with bad credit, which means there is no security deposit needed and you can get approved even with a poor credit history. The card offers up to 3% cash back rewards which is very rare in its class, however, it comes at a cost. The card comes with an annual fee of $85 - $175 for the first year which drops to $29 - $49 from the second year on, but it is accompanied by a monthly fee of $7.25 - $12.50 at that point. Unlike a lot of other cards in this credit segment, the Aspire Cash Back Reward Card does not charge any one-time fee prior to account opening.

Applicants can pre-qualify for a $1000 credit line without hurting their credit score. Cardholders get mobile account access with transaction alerts and free monthly online access to their VantageScore 3.0 credit scores from Equifax. The card issuer, The Bank of Missouri, regularly monitors credit card accounts and responsible credit use can help users get approved for a credit line increase over time.

Aspire Cash Back Reward Card Highlights

• One-time fee: $0
• Credit limit: Up to $1000 by pre-qualifying via the provided link
• Rewards Rate: Up to 3% cash back rewards
• Annual fee: $85 - $175 for the 1st year, $29 - $49 thereafter
• Monthly fee: $0 for the first year, $5 - $12.50 thereafter
• Interest Rate: 29.99% Variable for Purchases, 32.99% for ATM Withdrawals and Balance Transfers

To conclude, the card has plenty to offer but the cost of owning one may throw some people off. Industry-standard features such as a cash back program, mobile account access, free monthly credit score from a major bureau, and worldwide acceptance make it an option worth considering. As long as you use your credit line responsibly and pay your bills in full and on time, you won't need to pay a dime in interest.