Ollo Rewards Card

Advertiser Disclosure Editorial Disclosure

Last updated on October 11th, 2021

Ollo Rewards Card

Earn Unlimited 2% Cash Back

Ollo Rewards Card
  • Regular Purchase APR 24.99% to 27.99% variable based on creditworthiness
  • Balance Transfer APR 24.99% to 27.99% variable based on creditworthiness
  • Cash Advance APR 24.99% to 27.99% variable based on creditworthiness
  • Annual Fee $0 to $39
  • Credit Needed Fair , Poor
  • Processing Network Mastercard
Best Benefits
  • Low, competitive annual fee
  • Unlimited 2% cash back on gas station, grocery store and drugstore purchases. 1% cash back on all other purchases.
  • No foreign transaction fees, no over the limit fees, no returned payment fees
  • Zero Fraud Liability
Rates & Fees
  • Regular Purchase APR: 24.99% to 27.99% variable based on creditworthiness
  • Balance Transfer APR: 24.99% to 27.99% variable based on creditworthiness
  • Balance Transfer Transaction Fee: Either $5 or 4% of the amount of each Balance Transfer, whichever is greater
  • Cash Advance APR: 24.99% to 27.99% variable based on creditworthiness
  • 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
Credit Card Deals
33% + Extra 10% off Hotel Stays Longer Than 7 Nights. OYO Hotels Offer Expires on Dec 12, 2021 See Details
New Customers Offer - 15% off Your First Order of Contacts Plus Free shipping. Offer Expires on Jun 06, 2025 See Details
Receive up to 50% off hotels in addition to a 1% rebate CheckINN Direct Offer Expires on Dec 12, 2030 See Details
Save 15% Monster Offer Expires on Dec 12, 2030 See Details
Enjoy 5% rebate on all online bookings, global pass memberships and all premium subscription Coworker Offer Expires on Dec 12, 2030 See Details
Save up to 20% Squarespace Offer Expires on Dec 12, 2030 See Details
Save $500.00 Alibaba Offer Expires on Dec 12, 2022 See Details
Episode 1: Discover tequila secrets with the founders of Volcán de mi Tierra PijamaSurf Offer Expires on Dec 12, 2021 See Details
Mix it up during an online cocktail masterclass with Archie Rose Distilling Co. Archie Rose Distilling Co. Offer Expires on May 05, 2022 See Details
Be enchanted by the colours of Emilio Pucci Mastercard with Camera della Moda (CNMI) Offer Expires on Dec 12, 2021 See Details

At a Glance

Earning unlimited cash back has never been easier; earn more from every dollar you spend and save money even as you make everyday purchases. Cardholders will earn 2% cash back on gas, groceries, and drugstore purchases in addition to 1% back on everything else and no surprise fees or penalty APRs. This is how to build credit – the right way.

Ideal for Those Who:

  • Want a card with no surprise fees
  • Want Zero Fraud Liability
  • Are looking to build your credit score, or repair it, while earning up to 2% unlimited cash back
  • Want a card with 24/7 customer service and online account access

Ollo Rewards Card Review

Building, or repairing, credit can be tough – but it can also be rewarding, when you use the Ollo Rewards Card! Freedom from surprise fees is a big draw for Ollo cards – but the ability to earn cash back on everyday purchases – up to 2%, makes this credit card for building credit stand out from the competition. Cardholders can earn unlimited cash back rewards, broken down as follows:

  • 2% cash back for all purchases at gas stations, grocery stores, and drug stores
  • 1% cash back on all other purchases. Yes, on all other purchases.

This cash-back earning makes building or rebuilding your credit extremely easy – save money on purchases you’re already making by using your Ollo card. Buy the things you need, like gas to get to work and groceries for lunch and dinner, and get cashback from making those purchases!

In addition to unlimited cashback power, the Rewards Card from Ollo features a low annual fee, and freedom from surprise fees: there’s no over-limit fee, no returned payment fees, no foreign transaction fees – and best of all, you won’t see a rate hike when you make a late payment. Folks who demonstrate financial responsibility will be happy to know that their account is periodically reviewed by Ollo and their credit limit will automatically increase if they consistently make on-time payments and show fiscal responsibility.

Should You Apply for the Ollo Rewards Card?

Those looking to repair their credit can benefit form a subprime credit card like the Ollo Rewards. There aren’t many cards for bad credit that offer rewards with every purchase.

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

Equally disappointing with the card 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 the Ollo Rewards Card, 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 Rewards:

milestone mastercard blue

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
Assent 0 Intro APR

Assent Platinum 0% Intro Rate Mastercard®

Whie a secured card, the Assent is one of very few cards for bad credit that offers 0% intro APR.

Why Choose the Assent Mastercard?

The Assent Mastercard features an impressive 0% intro APR for 6 months on purchases - then a low 12.99% APR after that. The $49 annual fee is comparable to the Ollo Rewards, but with huge savings up front.
Read Review

Destiny™ Mastercard®

The Destiny Mastercard wants to be your go-to tool on your credit repair journey – ideal for those with bad 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

Browse Other Ollo Card Offers:

Bad credit? No Credit?


Building credit takes time and dedication – but offers numerous benefits. Don't let having bad credit keep you from building a positive credit history - browse some of the best (and easiest to get) credit cards today!