Understanding how your Gabriel Secured Deposit Account and Gabriel Secured Card work is key to achieving your financial goals.
To start building your credit score begin by applying for your Gabriel Secured Card. Our Gabriel Secured Card has no APR interest rate and we don’t require credit checks for approval. The card links to your Gabriel Secured Deposit Account, and the balance sets your card limit up to $10,000.
You can transfer money in and out from an external account with your Gabriel Secured Deposit Account. Withdraw cash from partner ATMs for added flexibility.
Each month, use your Gabriel Secured Card for purchases, and a statement generates. Pay manually or set up automatic payments. Timely payments report to major credit bureaus, helping you build your credit history and achieve financial prosperity.
If you need more help understanding the Gabriel Secured Deposit Account and Card, or want to learn more about secured credit cards, check out our latest blog post here!
How does your Gabriel Secured Card work?
- Create a Gabriel Money account.
- Deposit money into your Gabriel Money account. That amount will be your secured deposit for your Gabriel Secured Card.
- Gabriel Money will send you a Gabriel Secured Card with a limit of the amount you deposited into your Gabriel Money account.
- Activate your new card through the app and buy the things you would normally purchase using your new Gabriel Secured Card.
- At the end of the month, you can choose to either utilize the funds available in your Gabriel Money account that you initially deposited or deposit additional funds to cover your Gabriel Secured Card payment.
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