Total Card, Inc. (TCI) is pleased to announce a servicing agreement with CreditStacks and the launch of the new CreditStacks Mastercard® credit card issued by WebBank, Member FDIC. CreditStacks is a different kind of credit card company. Applicants for this new card are evaluated based on potential, not just credit history. Especially helpful for recent college graduates and relocating professionals who arrive in the U.S. without a local credit history, the premium CreditStacks Mastercard empowers qualified, new-to-credit applicants to start building credit from day-one.
Whether applicants are new to the U.S. or fresh out of college, it can be a struggle to obtain a premium, unsecured credit card. CreditStacks tackles this problem head on. Customers can apply without an SSN¹ or U.S. credit history,² and qualified applicants receive a premium Mastercard, a $5000 credit limit, and no annual fee.³ Applicants can apply up to 60 days before starting a new job in the U.S., so their new CreditStacks Mastercard can be waiting for them on their desks the day they start.
More than a credit card, CreditStacks is a credit-building partner, providing cardholders with an intuitive experience that includes personalized, real-time financial advice, innovative auto payment options, and ongoing education for smart credit use via app and emails to encourage healthy financial behavior.
“We are excited that CreditStacks chose TCI to help start up and service the innovative CreditStacks Mastercard,” said Joseph Noe, President and CEO. “We felt this program was a perfect fit for our company to service. Another draw for us was that we worked together on setting up the program with a new processor, CoreCard. This was the perfect chance for us to diversify our processing platforms.”
“Our goal as a startup was to get our card program to market as quickly as possible, and Total Card was able to help us accomplish that,” said Bob Hartheimer, Chief Regulatory Officer of CreditStacks. “Total Card’s years of experience in launching and managing card programs was a key differentiator in selecting them as a partner. With our guidance, they were able to build our product and will service our program while we focus on growth.”
CreditStacks is a different kind of credit card fintech company that evaluates applicants based on potential, not just credit history. Especially helpful for new-to-credit customers such as recent college graduates and relocating professionals who arrive in the U.S. without a local credit history, the premium CreditStacks Mastercard empowers qualified applicants to start building credit from day one. Having completed a successful round of growth funding, CreditStacks recently announced that it will re-brand as Jasper in Q1 2020 and aggressively expand its sales and marketing efforts as well as broaden and accelerate product development. Additional information about CreditStacks is available at http://www.creditstacks.com.
¹SSN is required within 60 days of card activation. Card can only be activated from within the US. Applicants who have lived in the US for one year or more must provide SSN at time of application and undergo a credit check.
²Applicants who have lived in the US for more than one year at time of application must provide SSN and application review will include a credit check.