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Ollo Platinum Card

Ollo Platinum Card

No Penalty APR, No Annual Fee

Ollo Platinum Card
  • Regular Purchase APR 24.99% variable based on the Prime Rate
  • Balance Transfer APR 24.99% variable based on the Prime Rate
  • Cash Advance APR 24.99% variable based on the Prime Rate
  • Annual Fee $0 to $39
  • Credit Needed Fair , Poor
  • Processing Network Mastercard
Best Benefits
  • No annual fee, no foreign transaction fees
  • Automatic credit line increase reviews
  • Zero Fraud Liability
  • Online and mobile access, 24/7 U.S. based customer service
Rates & Fees
  • Regular Purchase APR: 24.99% variable based on the Prime Rate
  • Balance Transfer APR: 24.99% variable based on the Prime Rate
  • Balance Transfer Transaction Fee: Either $5 or 4% of the amount of each balance transfer, whichever is greater
  • Cash Advance APR: 24.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Annual Fee: $0 to $39
  • Late Payment Penalty Fee: Up to $40

At a Glance

No annual fee. Free FICO® scores. No surprise fees. The Ollo Platinum Card offers peace of mind as you build (or repair) your credit; take advantage of low interest, no extra fees to cut into your saving, and no rate hikes when you make a late payment. Get the credit you need!

Ideal for Those Who:

  • Want a card with no surprise fees
  • Want Zero Fraud Liability
  • Want to build your credit score, or repair it
  • Want a card with 24/7 customer service and online account access

Ollo Platinum Card Review

The Ollo Platinum Card is a powerful tool that will help you achieve your credit goals while saving money. Enjoy freedom from fees: you won’t be charged an annual fee, or an over-limit fee, returned payment fee, or foreign transaction fees. Additionally, if you’re late making a payment, Ollo gives you the benefit of the doubt – you won’t see a rate hike if a payment is late!

Responsible financial behavior is rewarded – Ollo periodically reviews your account and automatically increases your credit line when you demonstrate financial responsibility. You’ll see that free FICO® scores are available to Ollo customers online, too. It’s important to make your payments on-time, not only with Ollo but in general – your Ollo card use will be reflected in your credit file, so make sure you don’t miss a pay period, and minimize your late payments.

Built-in security and 24/7 customer service come standard with the Platinum Card from Ollo. You’re protected against unauthorized purchases with Zero Fraud Liability, and you can manage your account online (and by mobile) with fast and easy access from any device. The Ollo Platinum Card is powered by Mastercard®.

Should You Apply for the Ollo Platinum Card?

Those looking to repair their credit can benefit form a subprime credit card like the Ollo Platinum. 

Unfortunately, Ollo, like other cards such as the Mercury Mastercard, requires an invitation code to apply. Because of this limitation, the Ollo Platinum isn’t the best option for those with fair or poor credit.

Equally disappointing with the Ollo Platinum is the APR. For a card that requires a reservation code, you’d expect a better APR on purchases. That’s not the case with Ollo, however. 

What Are the Best Credit Cards for Those Without a Reservation Code?

If you don’t have a reservation code or invitation, don’t worry. There are plenty of credit repair cards for those who don’t have access to cards like the Ollo Platinum, Ollo Rewards, or Mercury Mastercard:

milestone mastercard

Milestone® Gold Mastercard

The Milestone Gold Card is designed with those with bad credit in mind. The card offers a fixed-rate APR, quick prequalification, and a modest annual fee.

Why Choose the Milestone Gold?

The Milestone Gold features a slightly lower APR than many other credit cards for bad credit. It also features quick prequalification, no credit score impact, and more!
Read Review

Total Visa® Unsecured Card

The Total Visa card prioritizes credit building over punishing those with a bad credit score, meaning even the worst credit scores can likely receive the card!

Why Choose the Total Visa?

Visa is the world's most extensive payment network, meaning the Total enjoys greater acceptance than the Mercury Card. The card also features a fixed-rate APR, versus the variable rate with Mercury.
Read Review
destiny credit card

Destiny™ Mastercard®

The Destiny Mastercard doesn’t care about your credit past. Instead, Destiny wants to be your go-to tool on your credit repair journey - making it perfect for those with ad credit.

Why Choose the Destiny Card?

The Destiny Card is an ideal option for those with bad credit – or even a bankruptcy. The card offers a reasonable credit limit, regular reporting to the major credit bureaus, and the perfect platform for quickly raising your credit score.
Read Review

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