The Legacy Visa Credit Card is offered by the First National Credit Card company. Apparently, you cannot get this card if you want it, but you must first receive an application in the mail. There is no way for anyone to go to the company Website and apply. Besides that, you do have to follow the steps to confirm your reception of the mail, which includes specific numbers.

The Legacy Card Enables Owners to Build Credit Scores

The purpose of the Legacy Visa Credit Card is that it is a secure type of credit card designed to help those who have poor credit to be able to re-establish a better credit score. It does report to the three major credit bureaus, which will enable you to use their card to build your credit. The key to getting the credit you want is to make sure that you make your payments on time and for at least the minimum amount that is due each month.

The card operates more like a credit card than most secure cards in that no funds need to be deposited, but there is a fee. In addition, there are also lower than usual fees for the card.

Legacy Credit Card Applicants Must Be Invited

When you want to know what the credit card is all about, the only way to do it is to sign in using the reservation number and access code that came on your letter in the mail. Other than that, the only way to see what is going on is to read the actual contract with all its technical details – which is available online. Since most people are not going to take the time to read it when they are only credit card shopping, this card is strictly limited to those who get a letter.

One thing that is advertised clearly in the online contract is the annual percentage rate (APR), which is 15.6 percent. This is not a bad rate, considering that many credit cards for people with a poor credit rating are often higher than this, with some going up about 29 percent.

Annual Fees On the Legacy Credit Card

The Contract states that there is no actual annual fee. It also states, however, that an annual fee may be charged – apparently if there are late payments, not meeting minimum payment amounts, etc. Whenever you get a cash advance from the Legacy Card, there will be a $5 charge. Surprisingly, late fees on the card are only $10, which is certainly lower than most.

Credit Limits

From reviews that others have posted online, since this information is not available on their own Website publicly, it seems that the credit limit typically starts out somewhere around $250, but may go higher in some cases. At a later point, once a track record of on-time payments has been made, it will be possible to get them to raise your credit limit.

Online Account Accessibility with the Legacy Card

Their Website is strictly limited to users who have a credit card account with them. Card owners can view their credit card statements and see all transactions that were made recently. In addition, they can make address changes, send a Legacy credit card payment, request a PIN, or anything else that may be needed.

Using a secure card such as this one can be a good way to increase your credit score. With the Legacy Visa Credit Card, however, if you have not received an invitation in the mail, then you should simply go somewhere else, and make sure you do some credit card comparisons. Without an invitation to the Legacy First National Credit Card, there is just no way to get their card.