To help you start building your Credit Score, your Gabriel Secured Card is a Secured Credit Card with no APR interest rate or need of a previous credit score to apply. The card is tied to the Gabriel Secured Deposit Account in which you can add as much money as you want and its amount determines the Card Limit up to $15,000.
Your Gabriel Secured Deposit Account can easily transfer money in and out from an external account, giving you flexibility and control over your funds. You can also make cash withdrawals in partner ATMs. To locate a partner ATM near you, click here.
Every month, as you use your Gabriel Secured Card to make the purchases you already would, a statement is generated. You can pay it manually or let it be automatically processed, ensuring timely monthly payments that are reported to major credit bureaus. This process helps you build a credit history, an important step toward achieving your financial prosperity.
How does your Gabriel Secured Card work?
Create a Gabriel Money account.
Gabriel Money will send you a Gabriel Secured Card
Activate your new card through the app
Deposit money into your Gabriel Money account. The amount you deposit will set your limit to your Gabriel Secured Card, up to $ 15,000
Start buying 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.