Arro
Arro offers a Mastercard credit card designed to help users build their credit by reporting to all three credit bureaus, with a focus on financial education and manageable credit limits that grow through in-app activities.
Arro Services
Arro provides a credit card service designed to help users manage their financial future effectively. For a membership fee of $1 per month (or $3 for later joiners), users can access a range of benefits without undergoing a hard credit check or requiring a security deposit. The service reports to all three credit bureaus, helping users build their credit score over time. Arro also educates users on financial management to further support their credit improvement journey.
Arro Card Features
The Arro Card is a Mastercard credit card that features a low starting APR of 16% and an introductory credit limit ranging from $50 to $200. The card is accessible immediately upon approval and does not necessitate a credit history. Identity verification is conducted for security purposes, and the credit limit can be increased through various in-app activities. Credit approval is based on the user's bank account rather than their credit score, making it more inclusive for potential credit card users.
Arro Financial Education
Arro offers comprehensive financial education aimed at helping users manage their credit wisely and increase their credit scores. This educational component is incorporated directly into the Arro platform, providing users with tips, guidelines, and actionable steps for improving their financial health. Through diligent participation in these activities, users can enhance their credit limits and build a stronger financial foundation.
Arro Card Benefits
The Arro Card allows users to earn lower interest rates and increase their credit through in-app activities. This Mastercard credit card is designed to be accessible, with no credit history required to apply and no hard credit checks conducted. The instant access feature ensures users can start using their credit immediately, and the card's reporting to all three credit bureaus aids in growing the user's credit score over time. The low membership fee of $1 per month (for early joiners) provides a cost-effective way to start building credit.
How To Get the Arro Card
The Arro Card can be easily obtained by downloading the Arro app from the App Store or Google Play. Users must undergo a simple identity verification process and have their credit approval based on their bank account details rather than their credit score. The application process is streamlined to minimize barriers, allowing those with no prior credit history to benefit from the Arro Card's features immediately.