Sable Money Inc. started its activities with a very simple question: What if premium class banking was made equally available to everyone? What if immigrants, students, residents and US citizens could also have access to products like the Sable One Secured credit card?
If this subject has interested you, I suggest you read on to find out all the details of the Sable One Secured credit card, which is considered easy to approve and has many unique benefits.
Sable Money Inc. – products and facilities
Getting credit in the United States is very difficult, especially for people with low or no credit score, as in the case of new immigrants. Reasons like this led to the creation of Sable, a bank without borders for a better and more connected world, without leaving people out.
Sable Money Inc. is a FinTech company that provides financial services and solutions to unbanked and underpaid individuals in emerging markets around the world. The company’s mission is to revolutionize financial inclusion by providing low-cost, yet quality credit services to those who are underserved or excluded from the global economy.
Sable Money Inc. offers its banking products online, and through platforms. One such product is the Sable One Secured credit card, which can be used without a security deposit. In addition, the card is provided for people who want to establish or re-establish their credit history.
About the Sable One Secured credit card
This card has no sign-up bonus, but offers cash back on select brands. In addition, this tool has several interesting advantages for you who are looking for a credit card that is practical, affordable and full of perks. Here are some relevant points.
The Sable One Secured credit card considers applicants who have no relevant credit history. Furthermore, Sable reports applicants to several credit bureaus, a strong point of the card, because this way it contributes to more people having access to fast and unbureaucratic credit.
Not to mention, this is a credit card with zero annual fee, and a low foreign transaction fee of only 2%. While, the APRs on purchases are potentially lower than average. No doubt these are benefits that make it a smart option for those looking for a low cost credit card.
Services and assistances
Check out some of the protections and assistances of the Sable One Secured credit card. Zero Fraud Liability: Rest assured that the bank does not hold customers with this credit card liable for ‘unauthorized transactions’. The Mastercard cardholder, you can make your purchases in stores, online or app, as Zero liability will apply whenever you use, and if any irregular transaction occurs, you will not be penalized.
Report to credit bureaus: Consumer confidence can increase according to the credit history with a given financial institution. Sable offers reports to the main credit agencies in the United States, of course this will depend on the behavior of each client, i.e. if payments are made on time and other points.
Purchase warranty: the bank offers coverage for many items purchased with the Sable One Secured credit card in case of theft or damage within 3 months from the date of purchase. It also has price protection, where you receive a refund for the price difference of some product purchased at a lower price.
Main benefits of the Sable One Secured credit card
Rewards: Get up to 2% cash back on your everyday purchases at partners such as: Amazon, Netflix, Hulu Spotify, Whole Foods, Uber Eats, and Uber. All other purchases yield 1% cash back.
- No SSN (Social Security Number): This is a personal identification number in the USA, much like the CPF in Brazil. Sable does not require SSN for non-US citizens.
- Build credit: build a good credit history simply and quickly in the US with this card. Sable provides efficient reports so that you can build your credit.
- No annual fee: Sable does not charge an annual fee, this is a great opportunity for anyone looking for a functional and low maintenance credit card.
- Sable does not require a minimum deposit, and also does not perform credit checks on applicants.
- No collateral: With the Sable One Secured card you build credit and it is unsecured within 4 months, which is 3 times faster than other similar cards.
- Excellent approval rate: the approval rate is 98%, most of the applicants who apply, have access to credit within 5 minutes.