Neu Money 1.1.20

Neu is a credit card tailored to college students, providing an alternative option. It allows users to establish credit from scratch without incurring interest, late fees, or the prospect of falling into a debt trap.

Getting Started

Users can easily download the app and apply for the Neu Card within minutes, directly from their mobile device. Upon approval, they can proceed to follow straightforward setup instructions to activate their virtual card without any waiting time for shipping.

No Interest. No Late Fees. No Debt Trap.

While traditional credit cards thrive on high interest rates and late fees, Neu Card operates differently. It eliminates interest and late fees altogether, offering clear, transparent payment options that are consistent and non-compounding. The platform provides two uncomplicated subscription plans tailored to varying budgets and financial goals.

• Neu Card Build: Ideal for first-time cardholders with limited budgets, priced at $4 per month for a fixed credit limit of $200.
• Neu Card Build & Expand: Suited for initial card users seeking increased spending capacity, priced at $7 per month. It provides an initial credit limit ranging from $350-$500, expandable up to $1000 with responsible financial practices.

Develop Your Credit Score

Building a solid credit history requires borrowing money and consistently making timely payments. Neu Card reports to credit bureaus, enabling users to enhance their credit score by demonstrating punctual repayment habits.

Earn Cash Back

Users can earn 1.25% cash back on all purchases made with their Neu Card. The cashback is automatically applied to their account each month without additional steps required.

Eligibility

The application is open to individuals aged 18 or older residing in the United States, with no prerequisite of an existing credit history. International students lacking a Social Security Number are also encouraged to apply.

User-Centric Interface

The user-friendly app guides even first-time credit card users through the process, simplifying any complex terminology. Within the app, users can apply for the card, select subscription plans, choose card designs, link bank accounts, set up autopay, review card details and transactions, freeze or unfreeze cards if lost or found respectively, order replacements when necessary, and contact customer support. The platform continuously introduces new features and benefits as it evolves.

Conclusion

Thank you for exploring Neu Card! Designed for novice cardholders, this platform offers simplicity and valuable features that can benefit your financial journey.