Sallie Mae Ignite credit card review

Academic life is full of personal challenges and many expenses. To offset your finances a bit, Sallie Mae puts the Ignite credit card in your hands, which gives you 1% unlimited cashback, 0% APR for 6 months and other benefits.

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Details
APR: 17.49%
Card type: Credit card
Supplier: Mastercard
Card limits
Credit limit: Consult
Daily limit: Consult
Fees and commissions
Issue fee: Consult
Replenishment Commission: Consult
Annuity: $ 0

Additional information of Ignite credit card

Sallie Mae Ignite credit cardGetting the Sallie Mae Ignite credit card is not complicated. You just need to be of legal age, have citizenship/permanent residency and be a student of an academic institution recognized by this bank. You can apply online or in person.

With this plastic you get 1% back every time you use it (restrictions apply). In addition, it offers you the following:

  • A $50 reward after consuming $250 during the first 3 months.
  • A 25% bonus according to the base cashback when you pay your balance on time 6 consecutive times.
  • Your rewards do not expire and when you reach $25, you can choose between a deposit to your account or credit to your balance.

This credit card also includes an app to manage your transactions and give you more security through its features:

  • Alert settings
  • Transaction dispute
  • FICO score tracking
  • Easy affiliation to your ewallet
  • Activation/deactivation of your card

These advantages are complemented by services such as protection for your smartphone and zero liability for unauthorized charges.

As for fees, here are the most relevant ones:

  • Late payment: Up to $39
  • Returned payment: Up to $39
  • Foreign transaction: 3% of each transaction in USD
  • Balance transfer: $5 or 3% of the amount (whichever is greater)
  • Cash Advance (24.99% APR): $10 or 5% of the amount (whichever is greater)

Español: Tarjeta de crédito Ignite de Sallie Mae