Core Points - The Varo Visa® Believe Card is a unique credit-building option that does not require a security deposit, credit check, or any fees, including late fees [1][4][5] - It offers a 0% fixed APR, allowing users to avoid interest charges even if payments are missed [4][6] - Cardholders can earn up to 6% cash back on purchases with select retailers, enhancing the card's appeal for users looking to build credit while earning rewards [7][11] Summary by Category Card Features - No annual fee and no welcome offer [4] - 0% fixed purchase APR, which is significantly lower than typical secured credit cards [4] - No required security deposit, making it accessible for individuals with no credit history [5][15] Eligibility and Requirements - Applicants do not need a minimum credit score or credit check to qualify [15][16] - A Varo bank account with at least $200 in incoming deposits within the past 31 days is required to qualify for the card [5][12] Rewards and Benefits - Cardholders can earn up to 6% cash back on purchases with select retailers, including well-known brands like Nike and McDonald's [7][8] - Cash back rewards are automatically deposited into the user's Varo bank account [9] - The card reports account activity to the three major credit bureaus, aiding in credit building [5][15] Limitations - If a payment is missed, the card cannot be used until the balance is repaid from the connected Varo bank account [6][20] - Spending limits are based on the available balance in the Varo bank account, with a maximum of $10,000 per billing cycle [12][20]