Mission Lane, a fintech company, offers three credit cards tailored to different credit profiles. These include the Secured Visa for establishing credit, the Green Line Visa for “fair-to-good” credit, and the Silver Line Visa for “better” credit. The cards have varying terms and are issued by Transportation Alliance Bank (TAB) or WebBank.
Mission Lane considers factors beyond traditional credit scores when evaluating applications, making it a viable option for those with a less-than-perfect credit history. While some cards may have an annual fee, others do not, providing options for individuals looking to build or improve their credit.
Each card caters to different credit profiles, with the Silver Line Visa offering rewards, the Green Line Visa catering to fair to good credit, and the Secured Visa requiring a security deposit. Mission Lane also offers the possibility of upgrading to an unsecured card once a positive credit history is established.
Credit limits vary by card, with the Silver Line Visa offering between $300 and $3,000, the Green Line Visa between $300 and $2,000, and the Secured Visa between $200 and $1,000. Accounts are periodically reviewed for credit limit increases.
Mission Lane’s pre-qualification process allows individuals to assess their approval odds without impacting their credit scores. Once approved, specific terms are provided before the offer is accepted, ensuring transparency throughout the application process.