Ollo Platinum Card

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.