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What is the Boost Money™ Card?

The Boost Money™ Card is a secured card that is secured by the funds you deposit into your Boost Money™ Spend account balance.

The Boost Money™ Card is designed to help you build credit responsibly the funds you deposit into your Boost Money™ Spend account as collateral, and to set the card’s credit limit. Payment history is reported to the major credit bureaus, so regular on-time payments can help in building your credit score.*

  • Add funds to your Boost Money™ Spend account, and spend up to the available balance with Boost Money™ Card. We'll report on-time payments to the three major credit bureaus (Transunion®, Experian®, and Equifax®) to help you build credit over time. Late payments, delinquencies or other derogatory activity on this account or your other credit card accounts and loans may adversely impact your ability to build credit.

The Boost Money™ Card requires an Boost Money™ Spend account, a deposit account with funds held as security for the Boost Money™ Card. Credit Lines feature an Annual Percentage Rate (APR) of 0.00% and a single 1 month repayment term and are subject to verification and approval. Your line is determined by the amount deposited into your Boost Money™ Spend account. At your option, repay your transactions each month with your Boost Money™ Spend account funds. For example, a $100 card purchase with a 1 month term and a 0% APR has a required single installment payment of $100. There is no fee to use an AllPoint® ATM. ATM withdrawals outside the AllPoint® ATM network are subject to a $2.50 per withdrawal fee, which will increase your finance charge and APR. The Boost Money™ Card is unique in that it allows you to obtain individual closed-end loans which you may access through transactions such as card purchases up to your line amount. The Boost Money™ Card is not available in all states.