The Grow Credit Mastercard transforms your recurring subscription payments into a credit-building tool. Ideal for those with no or poor credit, this card offers a soft-pull approval, no interest, and reporting to all three bureaus—without needing a secured deposit. It’s simple, intentional, and designed for progress.
🎁 Rewards & Earning
- No cashback or points programs—this is a pure credit-builder product.
- That said, making on-time monthly payments on eligible subscriptions becomes the only pathway to credit improvement.
- Automatic reporting helps improve credit scores when managed responsibly.
💸 Economy & Fees
- All plans involve a monthly membership fee—ranging from $0 (first 12 months) to $12.99/month, depending on the tier.
- There is no interest charged, as balances are auto-paid in full monthly.
- No credit check is performed—only a soft inquiry for identity.
🧰 Plans & Credit Building Features
Grow offers multiple plans:
- Build (free for 12 months, then ~$3.99/mo):
- $204 credit line reported; $17/month spending limit.
- Grow ($6.99/mo):
- $600 reported credit line; $50/month limit; access to premium subscriptions (e.g., cell phone bills).
- Accelerate ($12.99/mo):
- $1,800 credit line; $150/month limit; premium subscriptions included.
There are also secured versions starting around $1.99/mo with a refundable $17 deposit.
All plans report to Equifax, Experian, and TransUnion. Users can earn free FICO® score tracking, credit education, and tutorials.
📲 Technology & Convenience
- Fully managed via mobile app, which acts as a hub for subscriptions, payments, FICO score tracking, and alerts.
- Payments are processed through a virtual Mastercard, which you add as a payment method for eligible subscriptions—no physical card needed.
🔐 Security & Protections
- 256-bit encryption and bank-level security ensure your data remains protected.
- Auto-payment setup via linked bank account is required, so maintaining sufficient balance is key.
📄 Terms & Conditions — At a Glance
| Feature | Details |
|---|---|
| Plans & Fees | Free for 12 mo / $3.99–$12.99/mo depending on tier |
| Credit Limit | $204–$1,800 reported; low monthly spending cap tied to tier |
| APR | None (auto-pay full balance every month) |
| Credit Impact | No hard pull; soft inquiry only |
| Reward Structure | None beyond positive credit reporting |
| Subscription Access | Supports 100+ services including Netflix, Spotify, Hulu; higher tiers allow cell phone bills |
Pro Tip: Choose the plan that fits your monthly subscription payments. If you already pay for several services, credit growth comes naturally. Avoid plans if your spend doesn’t justify the fee.
✅ Who Should Use It & When It’s Not Ideal
Best For:
- Users with no or poor credit looking for a no-debt entry to building credit.
- People paying for multiple subscriptions already—because that spend becomes your credit vehicle.
- Those who prefer predictable monthly payments and no deposit locked.
Not Ideal If:
- You use few or no subscriptions—limits may not justify the monthly fee.
- You prefer cards with rewards, APR promos, or higher spending flexibility.
- Customer service issues are a concern—some users report delays, glitchy app behavior, and billing disputes.
🚀 How to Apply
- Visit GrowCredit.com or download the Grow app.
- Choose a plan based on your monthly subscriptions. (Free Build tier available if eligible.)
- Link your bank account via Plaid. No hard credit pull is required.
- Add subscriptions (e.g. Netflix, Spotify) and set your virtual Mastercard as the payment method.
- Payments are auto-deducted, and on-time payments are reported monthly to all three credit bureaus.
- Monitor your FICO score and consider tier upgrades after ~6 months of timely payments.
🎯 Final Take
The Grow Credit Mastercard offers a novel, low-barrier approach to building credit—especially if you pay for multiple subscriptions monthly. With no deposit, no interest charges, and reporting to all three credit bureaus, it’s a feasible first step for those rebuilding credit. But weigh the monthly fee carefully—if you’re not making full use of subscription payments, the value may fall short.
Apply today if you’re ready to turn routine bills into credit-building milestones—while keeping costs predictable.
