If you’re looking for a credit card to help build your credit score, the Verve credit card is worth considering. This card is a great option for young people who are just starting to build their credit history.

Verve has some great advantages, but also disadvantages. In this article, we’ll examine the pros and cons of the Verve credit card to see if it’s right for you!

The Verve card is offered by Continental Finance, a company that specializes in credit cards for consumers with poor credit. Their website has an impressive customer base of over 3 million. Verve offers a card for business owners and consumers.

If you plan to cash out your full balance each month, this card might be right for you. Verve offers an introductory 0% APR on purchases and balance transfers for 18 billing cycles. This is one of the longest 0% introductory periods in the industry. After that, APRs ranged from 15.24% to 29%.

Verve Maps feature with detailed information

Fair initial credit limit for new accounts

The initial credit limit for new accounts is between $300 and $1,000. The best thing about this Verve credit card is that you can restore your credit by making timely payments, while you must keep your balance within your credit limit. You can use this card almost everywhere, from shopping to traveling.

Increase limit only after 6 months

After just 6 months, you can get your first credit boost with Continental! Raising your credit limit is one of the most important milestones when you’re trying to build good credit.

They acknowledge this and will verify your account when requested by a client, possibly as early as six months after account opening.

When they do, they offer greater purchasing power, lower balances relative to available card limits, and even an opportunity to increase credit.


$0 Fraud Liability

Continental Finance offers $0 fraud liability on your Vever credit card. This means that as long as you report a fraudulent charge within 60 days of the incident, you are not liable.

With no fraud liability, you can shop with confidence knowing that every purchase is fully protected and if something goes wrong, Continental Finance has it covered for you.

Your Continental Finance Verve credit card protects you from unauthorized purchases, so you don’t have to worry about the security of your information.


Monthly reporting to TransUnion, Experian, Equifax

The Continental Finance Verve credit card provides monthly reports to TransUnion, Experian and Equifax, which is a great way to monitor your credit score.

Monthly reports are the primary way you can track bills and purchases that have been made, where they are charged, how much interest or other penalties have been paid, and whether there are additional account charges due to late payments.

Monthly research shows that people who keep monthly records spend more than double the time with lenders when renegotiating terms.

Free monthly credit score

The Continental Verve Credit Card offers a free monthly credit score, which is a great way to keep track of your finances.

By activating your Verve Mastercard, you unlock the benefits associated with it. One of them is a free monthly credit score when you sign up for an electronic statement. You can also see how paying on time affects your monthly balance.

Credit Score Monitoring Service

With Continental Verve’s TransUnion TrueTrack™ service, you’ll also receive a 60-day updated TransUnion credit score! This means that someone is monitoring your Vever’s TransUnion credit history for all changes, including when information is added or removed and how it affects your score.

Verve credit card fees

  • Initial Verve Credit Card Fee: $0
  • Verve Mastercard annual fee: $59.95 (not applicable to e-statements)
  • Late fees are subject to a maximum of 27% of the balance or a minimum fee of $27, whichever is greater. In the event of a default on your account, Continental Verve may charge an additional late fee and notify you by email before adding it to your account. If the statement is received at least 30 days after the due date, the maximum late fee that can be charged is $38 per month
  • Overage Charges: Up to 29.4% APR plus accrued interest charges for exceeding the credit limit.
  • Foreign transaction fees: up to 3%
  • Redemption Fee: Varies (usually 12% of face value).

Other services included with the Verve credit card

Online Account Management

Verve Credit Card Web Access allows you to manage your Vever credit card account anytime, anywhere. You can view details about your Verve purchases and payments, as well as any transactions you report on your Verve reports to major credit bureaus

Free Vantage Points

When you sign up for electronic statements with Continental Verve, you’ll also receive Vantage Score, a third-party service used by lenders to assess creditworthiness, for free. Scores are updated every 30 days, so you can easily track changes over time.


Customer service

Verve Credit Card Customer Service is available 24/7 at 1-866-449-4514 to answer your questions.

Credit protection

The Verve Credit Card provides credit protection by adding an extra layer of security to your Verve in Continental Verve’s loyalty rewards program.


The Verve Credit Card mobile app can be downloaded for free from the Google Play Store or App Store to easily manage your account.

Verve credit card professionals provide details

Credit Building Opportunities with Verve Mastercard

The Continental Verve Credit Card is a great card for building your credit and giving you access to their rewards program, while also allowing you to manage your account.

The Continental Verve Card makes it easy for anyone to build credit, maintain good credit, or restore their reputation after financial hardship.

Verve Mastercard’s free monthly credit score monitoring has proven to be one of the easiest ways to keep up with changes on your TransUnion credit report, helping to increase your likelihood of getting approved in the future.

Verve Mastercard Line of Credit

The Verve Card is aimed at people with limited credit who are trying to improve their credit score. It can be used anywhere Mastercard is accepted, and there are spending limits available based on your personal credit history.


Verve lines of credit range from $300 to $3,500, depending on the applicant’s income level, repayment ability and other factors, but most are usually approved for between $300 and $1,000.

$0 Fraud Liability

Continental Verve will not hold you responsible for any unauthorized credit card charges. If your card is lost or stolen, they will promptly replace it and keep you safe from fraudulent activity.

Cons and Details of Verve Credit Cards

Higher annual fee

Continental Verve charges an annual fee of $99, slightly higher than most credit cards. You might also pay a higher interest rate than others because Verve caters to those with less credit.

Vere Card does not earn any rewards

The Verve Card does not offer bonus points, cash back or other types of bonus rewards, making it more attractive than other cards with similar rates. The only advantage is the free credit monitoring service, which can also be found in the free online app.

High APR

Continental Verve charges above-average interest rates. In fact, their 29.4% APR is the highest of any variable APR credit card available. So if you’re spending a lot on your card, it’s best to think twice.

Alternative credit cards to build credit outside of Verve

Here are some other credit cards we recommend for people with fair or bad credit:

  • PenFed Promise Visa Signature Card, Pentagon Federal Credit Union Credit Builder Card.
  • The Chase Freedom Credit Card offers cash back on purchases and balance transfers on a quarterly basis.
  • Discover it Secured offers an innovative 3-2-1 account opening offer, giving you your first Discover Bank Secured Mastercard.
  • Capital One Guaranteed Mastercard:
  1. This can be a bit annoying if you want to build your bankroll as there are so many ways. If you just want a card with the goal of building credit, then we recommend the Capital One Secured Mastercard.
  2. It has no annual fee and allows customers to get their own line of credit, which is great if you’ve never owned a card before. Also, at $29 in funds (deposits), they offer more funds than most secure cards.
  3. You’ll have to put the deposit into the account and pay the interest charges, but that’s better than paying off debt or using a high-interest credit card like Continental Finance’s Verve card.
  4. The Capital One Guaranteed Mastercard has a very high APR of 24.9%, so make sure you keep your expenses low and pay your bills on time each month or you’ll face hefty interest charges. We like this card because it has no annual fee, which is rare among low credit limit cards.

Last words

The Continental Verve credit card is one of the best options for anyone looking for a credit card, even if you have poor or fair credit. Interest rates on this product can be expensive, but paying your bills on time can improve your credit score and qualify for better rates in the future.

Consumers who may benefit from this product include those trying to build a good payment history, or those with poor credit who are just starting out and need some financial help to get their reputation back on track.

Continental Verve maintains a Fraud Liability Policy to also help if your card is lost or stolen, which happens more often than it should.


Jake Smith

Escrito por

Jake Smith

He is the editor of Eragoncred. Previously, he was editor-in-chief of Eragoncred and a financial industry reporter. Jake has spent most of his career as a Digital Media journalist and has over 10 years of experience as a writer and editor.