Seen Finance Inc.
Seen Finance Inc. offers the Seen Mastercard®, an unsecured credit card designed to help individuals build or rebuild their credit without requiring a security deposit.
Seen Mastercard® Overview
The Seen Mastercard® is an unsecured credit card tailored for individuals aiming to build or rebuild their credit. Issued by Coastal Community Bank, Member FDIC, the card does not require a security deposit and provides an instant decision on applications. Designed with transparency in mind, the Seen Mastercard® has no hidden fees and crystal clear pricing, aligning with users' financial management goals.
Seen Mobile App Features
Seen Finance Inc. offers the Seen Mobile app, providing users with 24/7 account management capabilities. The app allows for bill payments, spending tracking, and card locking. Users can also set up autopay, receive real-time alerts, and instantly lock their card through the app. The app securely links to U.S. bank accounts via Plaid, ensuring seamless financial management.
Credit Building with Seen Mastercard®
The Seen Mastercard® is designed to help users build credit through consistent on-time payments and maintaining low balances. Payment activities are reported to all three major credit bureaus: TransUnion®, Equifax®, and Experian®. Additionally, the card supports proactive credit line increases starting Fall 2024 for users demonstrating responsible credit use.
Pricing and Fees
The Seen Mastercard® has a $4.50 monthly fee and an annual percentage rate (APR) ranging from 29.99% to 35.99%. The card offers a competitive approach with no foreign transaction fees, ensuring users can manage their finances without unexpected costs. Credit lines range from $300 to $1,000, factoring in creditworthiness and other criteria.
Security and Benefits
Seen Finance Inc. prioritizes security, offering 24/7 protection with advanced encryption technology. The Seen Mastercard® includes Mastercard® coverage benefits such as Zero Liability Protection and ID Theft Protection™. Users also receive a digital card instantly upon approval, with the ability to add it to digital wallets like Apple Pay®, Google Pay™, or Samsung Pay.