Revel Credit Card – Mastercard® Issued by The Bank of Missouri

In today’s financial landscape, rebuilding credit is more than a goal—it’s a pathway to greater financial freedom and opportunity. For millions of Americans working to improve their credit scores, finding the right financial tool can feel overwhelming. Enter the Revel Mastercard, a credit-building solution specifically designed for those with less-than-perfect credit histories. With its combination of accessibility, robust features, and credit reporting to all three major bureaus, this card represents a practical option for credit score rehabilitation.

Whether you’re recovering from past financial missteps, building credit for the first time, or simply seeking a manageable financial tool, the Revel Credit Card offers a structured approach to credit improvement. This comprehensive guide will walk you through every aspect of the card—from its features and benefits to its application process and strategic use for maximum credit impact.

Understanding the Revel Credit Card: More Than Just a Card

What is the Revel Mastercard?

The Revel Mastercard is a credit card specifically designed for individuals working to build or rebuild their credit. Issued by The Bank of Missouri and serviced by Continental Finance, this card functions as a practical financial tool for those who may not qualify for traditional credit cards due to past credit challenges.

Unlike secured cards that require upfront deposits or cards with exorbitant fees that eat away at your credit limit, Revel strikes a balance between accessibility and functionality. It offers a real credit card experience with a reasonable starting credit limit while reporting your payment history to all three major credit bureaus—a crucial feature for anyone serious about improving their credit profile.

Key Distinguishing Features

What sets the Revel Credit Card apart in the crowded credit-building marketplace?

1. Accessibility: Designed for applicants with less-than-perfect credit histories

2. Credit Reporting: Monthly reporting to all three major credit bureaus (Equifax, Experian, and TransUnion)

3. Reasonable Credit Limits: Initial credit lines ranging from $300 to $1,000

4. Zero Liability Protection: Full protection against unauthorized charges

5. Comprehensive Online Management: Full-featured account access through website and mobile app

The Financial Institution Behind the Card: Trust and Stability

The Bank of Missouri: A Century of Financial Service

The Revel Mastercard is issued by The Bank of Missouri (TBOM), a financial institution with a remarkable legacy dating back to 1891. With $2.9 billion in assets and over a century of banking experience, TBOM brings stability and trustworthiness to the Revel Credit Card program. Their philosophy of being “small enough to offer personalized service, yet large enough to meet nearly any financial need” translates into a card product that balances institutional strength with consumer-focused features.

Continental Finance: Specialized Servicing

While The Bank of Missouri issues the card, Continental Finance serves as the servicing agent. This partnership brings specialized expertise in managing credit-building products and reporting to credit bureaus—a critical component for cardholders focused on improving their credit scores.

Comprehensive Revel Card Features Breakdown

Credit Limit Structure: Starting Your Journey Right

The Revel Mastercard offers initial credit limits ranging from $300 to $1,000, a reasonable starting point for most credit-building activities. Unlike some credit-building cards that offer only minimal limits, this range provides enough flexibility for practical use while encouraging responsible spending habits.

Your specific starting limit will be determined based on your creditworthiness and income information provided during the application process. This personalized approach ensures you receive a credit line appropriate to your financial situation.

Mastercard Zero Liability Protection: Shop with Confidence

One of the standout features of the Revel Credit Card is its inclusion of Mastercard Zero Liability Protection. This comprehensive security feature means you won’t be held responsible for unauthorized charges made with your card, whether those charges occur in stores, online, or while traveling.

This protection provides peace of mind, especially important for those new to credit card usage or those who may have experienced financial insecurity in the past. Knowing your card activity is fully protected allows you to focus on building positive financial habits without constant worry about potential fraud.

Three-Bureau Credit Reporting: The Path to Score Improvement

Perhaps the most valuable feature of the Revel Credit Card for those seeking credit improvement is its monthly reporting to all three major credit bureaus: TransUnion, Experian, and Equifax. Unlike some credit-building products that report to only one or two bureaus, Revel ensures your positive payment history is documented across all three major agencies.

This comprehensive reporting is crucial because:

• Different lenders may check different bureaus

• Your scores can vary between bureaus

• Consistent reporting helps build a uniform credit profile

• Faster score improvement when all bureaus reflect positive behavior

Online Account Management: Complete Control at Your Fingertips

The Revel Credit Card comes with robust online account management tools that allow you to:

• View current balance and available credit

• Check recent transactions and statements

• Make payments securely

• Set up payment reminders

• Enroll in paperless statements

• Update personal information

Having 24/7 access to your account information empowers you to stay on top of your credit usage and payment schedule—both critical components of successful credit building.

Mobile App Convenience: Manage Your Card Anywhere

In today’s mobile-first world, having access to your financial accounts on the go is essential. The Revel Mastercard offers a dedicated mobile app that provides full account functionality from any mobile device. This means you can check your balance, make payments, or review transactions anytime, anywhere—helping you maintain constant awareness of your credit usage and payment due dates.

The Credit Rebuilding Strategy: Maximizing Your Revel Card

Understanding Credit Utilization Ratios

One of the most important factors in your credit score is your credit utilization ratio—the percentage of your available credit that you’re using at any given time. Financial experts typically recommend keeping this ratio below 30% for optimal credit score impact.

With Revel’s credit limit of $300-$1,000, maintaining a healthy utilization ratio requires mindful spending. For example:

• With a $300 limit, try to keep your balance below $90

• With a $1,000 limit, aim to stay under $300

• Lower utilization (under 10%) can yield even better score improvements

The Power of On-Time Payments

Your payment history is the single most influential factor in your credit score calculation, typically accounting for 35% of your FICO score. Every on-time payment with your Revel Credit Card strengthens this crucial component of your credit profile.

To ensure consistent on-time payments:

1. Set up payment reminders through the online portal or mobile app

2. Consider enrolling in automatic payments for at least the minimum due

3. Make payments well before the due date to account for processing time

4. If you must miss a payment, contact customer service immediately—they may offer options to protect your credit

Credit Mix and Age of Accounts: Long-Term Strategy

While the Revel Credit Card will immediately help with payment history and utilization, two other factors—credit mix and age of accounts—develop over time. Your Revel card contributes to both:

• Credit Mix: Having different types of credit (installment loans and revolving credit like cards) can benefit your score. The Revel card adds revolving credit to your profile.

• Age of Accounts: The length of your credit history matters. Keeping your Revel card open and in good standing over time increases your average account age.

Monitoring Your Progress: What to Expect

Rebuilding credit is a marathon, not a sprint. With consistent responsible use of your Revel Credit Card, you can expect to see gradual improvements in your credit score. Most cardholders begin noticing positive changes within 3-6 months of responsible card use, with more significant improvements typically visible after 12 months of on-time payments and low utilization.

Application Process: What You Need to Know

Eligibility Requirements

While the Revel Credit Card is designed for those with less-than-perfect credit, certain basic eligibility requirements must be met:

• Must be at least 18 years old (19 in some states)

• Must have a valid Social Security Number

• Must provide a physical U.S. address (P.O. boxes are not accepted)

• Must have a verifiable source of income

• Must not have an active bankruptcy

Information Required for Application

When applying for the Revel Mastercard, you’ll need to provide:

1. Personal Identification Information:

   • Full legal name (as it appears on government documents)

   • Date of birth

   • Social Security Number

   • Physical address (no P.O. boxes)

2. Financial Information:

   • Monthly or annual income

   • Employment status and information

   • Monthly housing payment

3. Contact Details:

   • Phone number

   • Email address

The collection of this information serves two purposes as explained by the issuer: First, federal regulations require financial institutions to verify the identity of anyone opening an account. Second, this information, combined with your credit bureau data, helps determine your eligibility and appropriate credit limit.

Application Timeline: What to Expect

The Revel Credit Card application process is designed for efficiency:

• Instant Decision: Most applicants receive an immediate decision upon application submission

• Additional Review: In some cases, further verification may be needed, potentially extending the decision time up to 30 days

• Card Delivery: Once approved, your new Revel Mastercard and welcome materials are typically mailed within 3 business days

Understanding Credit Checks and Impact

When you apply for the Revel Credit Card, The Bank of Missouri will perform a hard inquiry on your credit report. This inquiry may cause a small, temporary decrease in your credit score (typically 5-10 points). However, the potential benefits of responsible card use—including consistent on-time payments and low credit utilization—generally outweigh this temporary impact within a few months of responsible usage.

Activating and Setting Up Your New Revel Card

Card Activation Process

Once your Revel Mastercard arrives, you’ll need to activate it before making purchases. You have two activation options:

1. Online Activation:

   • Visit the website listed on the back of your card

   • Click the “Activate Now” button

   • Follow the prompts to verify your identity and activate your card

2. Phone Activation:

   • Call the toll-free number printed on the sticker affixed to your new card

   • Use the phone number you provided on your application

   • Complete the activation within 30 days of receiving your card

Setting Up Your Online Account

After activating your card, it’s crucial to set up your online account access. This process typically involves:

1. Visiting the Revel card website

2. Clicking on “Enroll” or “Register New User”

3. Providing your card information and personal details for verification

4. Creating a username and secure password

5. Setting up security questions for additional protection

Important First Steps After Activation

Once your card is activated and your online account is set up, consider these important initial actions:

1. Review Your Credit Limit and Terms: Understand your specific credit limit, APR, fees, and payment due date

2. Set Up Account Alerts: Configure balance alerts, payment due reminders, and transaction notifications

3. Consider Automatic Payments: Set up automatic payments for at least the minimum amount due each month

4. Familiarize Yourself with the Mobile App: Download and explore the app’s features

5. Review Your Welcome Materials: Carefully read all terms, conditions, and fee disclosures

Fees and Costs: Understanding the Full Picture

Annual Fee Structure

Like many credit-building cards, the Revel Mastercard charges an annual fee for maintaining the account. While the exact amount may vary, cards in this category typically range from $39 to $99 annually. This fee is generally charged to your account soon after account opening and then annually on your account anniversary.

Additional Potential Fees

Beyond the annual fee, it’s important to understand other potential charges:

• Late Payment Fees: Typically range from $29-$40 if your payment is received after the due date

• Returned Payment Fees: Usually $25-$40 if a payment is returned due to insufficient funds

• Cash Advance Fees: Either a flat fee (typically $10) or a percentage of the advance (usually 5%)

• Foreign Transaction Fees: If applicable, typically 1-3% of international transactions

Maximizing Value Despite Fees

While fees are an important consideration, the value of credit rebuilding often outweighs these costs for those serious about improving their credit. Consider these strategies to maximize value:

1. Use your card regularly enough to build positive payment history

2. Always pay on time to avoid late fees

3. Pay your balance in full each month to avoid interest charges

4. Monitor your credit score improvements to track your progress

5. Consider the card as a temporary tool with long-term benefits

Responsible Card Usage: Best Practices

Smart Spending Habits

Developing responsible spending habits with your Revel Credit Card is essential for both financial health and credit improvement:

1. Start Small: Begin with minor, planned purchases you can easily pay off

2. Budget Integration: Incorporate your card spending into your monthly budget

3. Emergency Use Consideration: While not ideal as a primary emergency fund, having available credit can provide backup in urgent situations

4. Regular Monitoring: Check your account at least weekly to stay aware of your balance

5. Avoid Maxing Out: Keep your utilization low for maximum credit score benefit

Payment Strategies for Success

Your payment approach can significantly impact both your finances and credit progress:

1. Pay More Than Minimum: Whenever possible, pay more than the minimum required payment

2. Pay Early: Consider making payments shortly after purchases rather than waiting for the statement

3. Multiple Payments: Making multiple payments throughout the month can help keep utilization low

4. Payment Timing: Ensure payments post at least 2-3 business days before your due date

5. Full Balance Payment: Strive to pay your statement balance in full each month to avoid interest charges

Avoiding Common Pitfalls

New cardholders, especially those rebuilding credit, should be mindful of these common mistakes:

1. Using Too Much Available Credit: High utilization hurts your score

2. Making Late Payments: Even one late payment can significantly impact your credit

3. Applying for Multiple Cards Simultaneously: Multiple hard inquiries can lower your score

4. Closing Old Accounts: This can shorten your credit history and increase utilization

5. Ignoring Statements: Regular review helps catch errors and track spending

Credit Protection Program: An Additional Layer of Security

Understanding Credit Protection

The Revel Credit Card offers an optional Credit Protection program that can provide assistance with payments under specific circumstances. While program details may vary, credit protection typically offers benefits such as:

• Payment assistance during involuntary unemployment

• Help with payments during disability

• Coverage in case of critical illness

• Benefits in the event of the cardholder’s death

Evaluating the Value of Credit Protection

Before enrolling in any credit protection program, consider:

1. Cost vs. Benefit Analysis: Weigh the monthly cost against potential benefits

2. Existing Coverage: Check if you already have similar protection through other insurance

3. Specific Terms: Understand exactly what circumstances are covered and any limitations

4. Alternative Options: Consider whether building a small emergency fund might be more cost-effective

5. Temporary Need: As your credit improves and financial stability increases, you may need this protection less

Privacy and Security: Protecting Your Financial Information

Revel’s Privacy Commitment

The Bank of Missouri and Continental Finance maintain a comprehensive privacy policy to protect your personal and financial information. This policy typically includes:

• Limitations on information sharing with third parties

• Security measures to protect your data

• Your rights regarding your personal information

• Procedures for addressing privacy concerns

Proactive Security Measures

While Revel provides security features, cardholders should also take personal responsibility:

1. Secure Online Access: Use strong, unique passwords for your Revel account

2. Regular Monitoring: Frequently review transactions for unauthorized activity

3. Prompt Reporting: Immediately report lost/stolen cards or suspicious transactions

4. Updated Information: Keep your contact information current to receive security alerts

5. Public Wi-Fi Caution: Avoid accessing your financial accounts on unsecured networks

Beyond the Basics: Advanced Credit Building Strategies

Graduation to Better Products

As your credit improves with responsible Revel card use, you may qualify for better credit products with lower fees and higher limits. Consider this timeline:

• 6-12 Months: After consistent on-time payments, you might qualify for other basic credit cards

• 12-24 Months: With significant score improvement, you may qualify for cards with rewards or lower APRs

• Long-Term: Excellent credit (700+) opens doors to premium cards with substantial benefits

Strategic Card Management

Once you qualify for additional cards, implement strategic card management:

1. Keep Your Revel Card Open: Maintain your oldest accounts to preserve credit history length

2. Reduce Usage But Don’t Close: Use the card occasionally to keep it active, but shift primary spending to better cards

3. Request Credit Limit Increases: As your income and credit improve, request higher limits (which can lower utilization ratios)

4. Diversify Credit Types: Consider adding different credit types (like installment loans) to your mix

5. Monitor All Accounts: Use free credit monitoring services to track your progress across all accounts

Comparing Revel to Other Credit-Building Options

Revel vs. Secured Credit Cards

While both are credit-building tools, important differences exist:

• Security Deposit: Secured cards require a refundable deposit; Revel does not

• Credit Limits: Secured card limits equal your deposit; Revel offers $300-$1,000 without deposit

• Graduation Potential: Some secured cards convert to unsecured; Revel remains unsecured

• Initial Cost: Secured cards require upfront cash; Revel has ongoing annual fee

Revel vs. Retail Store Cards

Retail cards are another option for those with poor credit, but they have limitations:

• Acceptance: Revel (Mastercard) is accepted anywhere Mastercard is taken; retail cards are store-specific

• Credit Reporting: Most retail cards report to all three bureaus, similar to Revel

• Fees: Retail cards often have no annual fee but may have higher interest rates

• Utilization Impact: Low limits on retail cards can lead to high utilization if used significantly

Revel vs. Authorized User Status

Becoming an authorized user on someone else’s account can help build credit, but:

• Control: As an authorized user, you don’t control the account; with Revel, you’re the primary account holder

• Responsibility: Authorized user status doesn’t demonstrate your own credit management

• Risk: If the primary user mismanages the account, it hurts both credit profiles

• Independence: Your own account (like Revel) demonstrates independent credit responsibility

Customer Experience: What to Expect

Customer Service and Support

Revel cardholders have access to customer support through multiple channels:

• Phone Support: Toll-free numbers for account inquiries and issues

• Online Messaging: Secure messaging through your online account

• Mail Correspondence: Traditional mail for certain communications

• Online Resources: FAQs and educational materials on the website

Common Customer Concerns and Solutions

Based on user experiences with similar credit-building cards, here are common concerns and approaches:

1. High Fees Relative to Limit: Focus on the credit-building value rather than just the fee-to-limit ratio

2. Slow Credit Improvement: Credit rebuilding takes consistent effort over 6-24 months

3. Desire for Higher Limits: After 6-12 months of responsible use, consider requesting a credit limit increase

4. Confusion About Terms: Carefully review all disclosures and contact customer service with questions

5. Managing Multiple Payments: Set up automatic payments for at least the minimum amount due

Long-Term Financial Health: Beyond Credit Repair

Integrating Credit Building into Overall Financial Wellness

While improving your credit score is important, it’s just one component of comprehensive financial health:

1. Budgeting: Develop and maintain a realistic budget that includes credit card payments

2. Emergency Fund: Work toward saving 1-3 months of expenses as a financial cushion

3. Debt Management: Develop a strategy for addressing any existing debts

4. Financial Education: Continue learning about personal finance topics

5. Goal Setting: Establish short, medium, and long-term financial goals

When to Consider Other Financial Products

As your credit improves with Revel card use, you might explore:

1. Credit-Builder Loans: Small installment loans specifically designed to build credit history

2. Secured Savings Products: Accounts that help you save while potentially improving credit

3. Financial Counseling: Nonprofit credit counseling for personalized guidance

4. Traditional Banking Products: Checking/savings accounts with lower fees as your financial stability improves

Conclusion: Your Path to Financial Renewal

The Revel Mastercard represents more than just a piece of plastic—it’s a tool for financial transformation. For those working to rebuild credit, it offers a structured path forward with reasonable credit limits, essential protections, and the crucial three-bureau credit reporting that forms the foundation of credit score improvement.

Success with the Revel Credit Card, like any financial tool, depends on consistent responsible use—making small purchases you can afford, paying on time every time, and keeping balances low relative to your limit. With patience and discipline, this card can serve as a stepping stone from credit challenges to credit confidence, opening doors to better financial products and opportunities.

Remember that credit rebuilding is a journey measured in months and years, not days and weeks. Each on-time payment, each month of low utilization, and each positive report to the credit bureaus brings you closer to your financial goals. The Revel Mastercard provides the vehicle for this journey—how far you travel depends on the financial habits you develop along the way.

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Disclaimer: This article provides general information about the Revel Credit Card based on publicly available information. Terms, fees, and features are subject to change. For current details and specific terms applicable to your situation, please refer to the official Revel Credit Card website and consult with financial professionals as needed.