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Credit Builder

Start building better credit today!

Take control of building your credit by opening an Armed Forces Bank Credit Builder Secured Visa® Credit Card that you can use for everyday purchases.

No application fee.
No annual fee.

Start building better credit today.

Why is it important to build credit as a military member?

Establishing credit can seem overwhelming regardless of your age, especially as you embark on a new journey in the military. As you gear up for basic training and strive to manage your finances effectively, making prudent decisions about credit becomes vital for your future financial stability. Remember, when it comes to credit, the first impression you make is crucial, as there are no second chances.

How to get started building credit with a Secured Credit Card:

  1. Apply for a secured Credit Builder Credit Card, a product designed to help establish or rebuild credit.
  2. Deposit an amount from $300 up to $3,000 into a Credit Builder Savings Account which will set the credit limit you request. For example, if you are applying for a $300 Secured Credit Card, you will also need to deposit $300 into a Credit Builder Savings Account.
  3. Make monthly payments equal to at least the minimum payment amount shown on your monthly statement. By making on-time payments and keeping your balances low, you are doing what you can to improve your credit. 

Features of this Credit Builder Secured Credit Card

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What You Need to Know About this Credit Builder Secured Credit Card:

  • No Annual Fee Secured Credit Card
  • 25.99% fixed annual percentage rate (APR)
  • Credit Builder Savings Account required
  • $5.00 quarterly fee charged to the Credit Builder Savings account if not enrolled in eStatements
  • Increase your credit limit by adding $50 increments to the Credit Builder Savings Account
  • With improvements to your credit score, graduate to an Unsecured Credit Card
  • View rates and fees (PDF)

Learn more about how a Credit Builder Account and Secured Credit Card can help you boost your credit through our blogs.

How to start building better credit?

Subject to credit approval. Improved credit score is not guaranteed. Credit score is determined by credit reporting agencies based on multiple factors, but satisfactory performance on a credit card product can improve your credit score. Default on a credit card, including missed or late payments can damage your credit score. Once added, funds cannot be withdrawn from the savings account without closing the savings account and the credit card.

25.99% APR

Your due date is at least 25 days after the close of each billing cycle. We will not impose interest charges on purchases or balance transfers if you pay your entire balance in full by the due date each month. We will begin charging interest on cash advances on the transaction date.

To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at

Annual fee: none. Balance Transfer fee: None. Cash Advance Fee: $5.00 or 2% of the amount advanced, whichever is greater. Currency Conversion Transaction Fee: 1.0% of each transaction in US Dollars, if currency conversion occurs.  International Transaction Fee: 8.8% of each transaction in US dollars, if no currency conversion occurs. 

Late Payment fee up to $25.00. Return payment fee up to $25.00. No over the limit fee. Card replacement fee is $5.00 per card prior to the normal reissue date. Copying fee is $4.00 per-page fee for copies of transaction documents or statements unless we are required to provide them when resolving a billing dispute. 

HOW WE WILL CALCULATE YOUR BALANCE: We use a method called, "average daily balance (including new purchases and balance transfers)." See the Card Agreement for more details.

The disclosures above are accurate as of the printing date of May 20, 2022, and are subject to change thereafter. Please contact us for information on any changes, call 888-929-2265 or by writing to us at the following address: Armed Forces Bank, N.A. Attn: Credit Card Department PO Box 26458
Kansas City, MO 64196

Important Information

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal Law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. As you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your drivers license or other identifying documents. Legal Entities may be required to certify ownership and managerial control information.