Avant Credit Card

Quick Snapshot

• Annual Fee: $0-$59 (varies based on creditworthiness)
• APR: 26.99%-35.99% variable
• Rewards: No rewards program
• Bonus: No welcome bonus
• Best For: People with fair to bad credit (580+) who want an unsecured card to rebuild credit without a deposit
• Credit Needed: Fair to Bad (580+)

Overview

The Avant Credit Card is an unsecured credit card designed for people with credit scores of 580 and above who want to rebuild their credit without putting down a security deposit. Avant is primarily known as a personal loan provider, and the credit card extends their mission of serving underbanked and credit-challenged consumers.

The card has no rewards program and no welcome bonus, but it provides the key benefit that matters most for this audience: it reports to all three major credit bureaus, allowing you to rebuild your credit profile with on-time payments. There is no penalty APR, so a late payment will not cause your interest rate to spike. The annual fee ranges from $0 to $59 depending on your credit profile.

The APR range of 26.99% to 35.99% is high, which is standard for cards targeting applicants with below-average credit. Avant strongly encourages paying your balance in full each month. The card includes a mobile app with payment scheduling, spending tracking, and credit score monitoring. Initial credit limits typically range from $300 to $1,000 and can increase over time with responsible use. The Avant Card is best viewed as a temporary tool: use it for 12-18 months to rebuild your credit, then graduate to a rewards card with better terms.

APR Breakdown

• Purchase APR: 26.99%-35.99% variable
• Balance Transfer APR: N/A
• Cash Advance APR: N/A
• Penalty APR: None

Note: Variable APR of 26.99%-35.99% based on creditworthiness. Designed for applicants with fair to bad credit (580+). No penalty APR.

Benefits Overview

Unsecured Access

• No security deposit required
• Available to applicants with credit scores of 580+
• Unsecured card for fair and bad credit
• Pre-qualification available with soft pull
• Higher accessibility than many competitors

Credit Rebuilding

• Reports to all three major credit bureaus
• No penalty APR protects against rate increases
• Credit limit increases possible with responsible use
• Credit score monitoring in the Avant app
• Payment scheduling and reminders

Card Management

• Mobile app with spending tracking
• Payment scheduling for on-time payments
• Customer service support
• Avant banking relationship for loan holders

Rewards & Points

The Avant Credit Card does not offer a rewards program. The card is a pure credit-rebuilding tool for people with damaged credit who need bureau reporting without a security deposit.

Welcome Bonus

No welcome bonus is offered. The Avant Credit Card provides credit-rebuilding value through bureau reporting and unsecured access for applicants with scores as low as 580.

Fees Summary

• Annual Fee: $0-$59 (varies by creditworthiness)
• Foreign Transaction Fee: N/A
• Late Payment Fee: Up to $40
• Cash Advance Fee: N/A
• Balance Transfer Fee: N/A
• Returned Payment Fee: Up to $40

Who This Card Is Best For

Ideal For

• Credit rebuilders with 580+ who want an unsecured card without a deposit
• Avant loan customers who want to add a credit card to their Avant relationship
• Deposit-averse applicants who cannot or do not want to put down a security deposit
• Transitional credit builders who plan to upgrade to a rewards card in 12-18 months

Not Good For

• Rewards seekers as the card offers no cash back, points, or miles
• Balance carriers as the APR of 26.99%-35.99% is very expensive
• Good credit applicants who qualify for much better cards with rewards

Key Pros & Cons

Pros

• Unsecured card with no security deposit for credit scores of 580+
• Reports to all three major credit bureaus
• No penalty APR
• Pre-qualification with soft pull available
• Credit limit increases with responsible use
• Mobile app with credit score monitoring and payment scheduling
• Potential for $0 annual fee on better credit profiles
• Simple card with no complicated terms

Cons

• No rewards, cash back, or points program
• No welcome bonus
• Annual fee ranges from $0 to $59
• APR of 26.99%-35.99% is very high
• Low initial credit limits ($300-$1,000)
• No balance transfer or cash advance options
• No purchase protection or other card benefits
• Foreign transaction fees may apply

Alternatives to Consider

Card	Best For	Annual Fee	Rewards	Credit Needed
Mission Lane Visa®	1%-1.5% cash back for fair/bad credit	$0-$59	1%-1.5%	Fair/Bad
Petal® 2 Visa®	1%-1.5% cash back with zero fees	$0	1%-1.5%	Fair+
Discover it® Secured Credit Card	2%/1% cash back with Cashback Match (secured)	$0	2%/1%	No minimum

How the Rewards Add Up

Example Annual Value

Category	Annual Spend	Reward Rate	Earned	Value
All Purchases	$5,000	N/A	$0	$0 (credit building)

Annual cost of $0-$59 in fees with no rewards to offset them. The value is entirely in credit rebuilding: 12-18 months of positive payment history can improve your score by 50-100 points, qualifying you for rewards cards that provide hundreds of dollars in annual value.

Should You Get This Card?

You Should Get It If...

• You have a credit score of 580+ and need an unsecured card to rebuild
• You do not want to put down a security deposit
• You want a card that reports to all three credit bureaus
• You are an existing Avant customer and want to expand the relationship
• You see this as a stepping stone to better cards within 12-18 months
• You appreciate credit score monitoring and payment reminders

You Should Skip It If...

• You want cash back or rewards on your purchases (consider Mission Lane instead)
• You can get a no-fee secured card with rewards (Discover Secured, Capital One Secured)
• You would be assigned the $59 annual fee tier
• You carry a balance and the 26.99%-35.99% APR would be costly
• You already have good credit and can qualify for better cards
• You want a welcome bonus or other card perks

Apply Now

Apply for Avant Credit Card

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Information accurate as of May 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.