Our Impact Card is suited for your short-term, need-based financial needs for the agricultural sector. By integrating personalised agro-financial solutions with state-of-the art technology, we bring to you the perfect lending solution for your farming needs.
With our agro credit card, say goodbye to your woes on financing your agricultural requirements. We bring to you personalised agro-financial solutions backed by the latest technology for a hassle free agro-credit experience. Manage all your spending history and subscriptions under the umbrella of Spoon Impact.
That’s not all. These rewards can convert into great offers and cash-backs which are actually useful. All this while building a strong credit score which will reap benefits in the long run.
Simply speaking, a debit card allows you to draw on the funds you’ve already deposited in your account, while a credit card allows you to borrow money up to a pre-set limit be it for withdrawals or expenditures.
A secured credit card is backed by a deposit that is used as collateral. Your credit limit will be determined as a percentage of your deposit, else, will function just as a normal credit card does.
A secured card is meant for those who are looking to improve or build up their credit score from scratch. Making payments on time, maintaining sufficient balance and avoiding overspending can all contribute to your creditworthiness, thus allowing you to apply for a regular credit card or loans in the future.
Nope, Spoon First will not deny you a credit card irrespective of whether or not you have a credit score. However, if you happen to have a pattern of late payments, a bankruptcy record, or other suspicious activities, your card could be rejected/cancelled.
