U.S. Bank $600 Bonus U.S. Bank $600 Bonus U.S. Bank $600 Bonus
ADVERTISEMENT
en English
en Englishes Españolfr Françaisde Deutschit Italianopt Português
January 29, 2023 7:23 am CST
MoneysMyLife
SUBSCRIBE
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
No Result
View All Result
MoneysMyLife
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
SUBSCRIBE
No Result
View All Result
MoneysMyLife
No Result
View All Result
Home Banking

Extra (extra.app) Review: The Debit Card That Earns Rewards & Builds Credit

Diana Mason by Diana Mason
January 24, 2023 9:20 pm CST
in Banking, Credit Cards
A A
0
Extra_App_future-debit
51
SHARES
854
VIEWS
TwitterFacebook

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Contents

  • 1 Extra Debit Card Features
  • 2 Extra Debit Card Plans & Pricing
  • 3 Bottom Line
Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
ADVERTISEMENT

Building your credit score requires you to apply for a credit account, make timely payments, and keep your debt balance low. But if you have no credit, it’s hard to qualify for a credit account. Applying for one requires a hard credit report inquiry, which hurts your credit score. And if you don’t manage the credit account well, you’ll end up damaging your score and incurring additional interest and fees.

Extra (extra.app) doesn’t come with any of those issues. It functions like any other debit card, so there’s no credit check to apply and there’s no interest on your purchases. Unlike a traditional debit card, however, Extra builds your credit score1 and lets you earn rewards on your purchases. It’s a safer and more rewarding way to build your credit. Let’s take a closer look at Extra below.

Minimum Deposit$0
ATM NetworkNone
Credit BureausEquifax, Experian
FDIC InsuredUp to $250,000

Learn more about Extra…

Extra Debit Card Features

Extra_App_build-credit

Extra is a debit card that lets you build credit and earn rewards. There’s no need for a security deposit, and no credit check is required. Here’s how it works:

  1. Once you’re approved, connect your bank account to Extra as a funding source. They support over 10,000 banks2, so you don’t have to open a new account to use the card.
  2. Extra determines your spending limit based on your bank balance with no credit check.
  3. When you make a purchase with your Extra Debit Card, they spot you the money and pay for the transaction.
  4. The next business day, Extra pays themselves back by transferring funds from your connected bank account.

At the end of each month, Extra calculates your total purchases and reports your credit activity to Equifax and Experian.

Other features include:

  • Build Your Credit
  • Earn reward points for every purchase with the Credit Building + Rewards plan
  • Exclusive access to the Extra Rewards Store
  • Overdraft Prevention with Spend Power
  • 24/7 live chat support
  • A sleek looking debit card

Extra Debit Card Plans & Pricing

Extra provides two plans with different pricing and benefits:

Extra Credit Building PlanExtra Rewards + Credit Building Plan
FeaturesBuild Your Credit
Overdraft Prevention with Spend Power
Build Your Credit
Earn reward points for every purchase
Exclusive access to the Extra Rewards Store
Overdraft Prevention with Spend Power
Monthly Price$20/month$25/month
Annual Price$200 $149 annually
with a 25% discount
$265 $199 annually
with a 25% discount

The rewards plan allows you to earn up to 1% back in redeemable reward points just like a rewards credit card. You can redeem your points for merchandise in the members-only Extra Rewards store.

Learn more about Extra…

Bottom Line

The Extra Debit Card is not your average debit card. Depending on the plan you choose, you could be paying either $149 or $200 annually, and your reward redemptions are limited to the Extra store. However, it has the ability to re/build your credit with regular spending, and it lets you earn rewards on all your purchases. It’s an excellent option if you want to build your credit without going through a credit check, racking up debt, or paying interest on your purchases.

Click here for ways to improve your credit score and rebuild your credit. Optimize your credit card rewards with Card Curator.

1All transaction and account activity is subject to review and approval by both Extra and the Issuing Bank. Increases or specific changes to your credit score are not guaranteed. Impact on your credit score may vary depending on your use. Extra is required to report late payments, which may negatively impact your credit score. Credit scores are independently determined by credit bureaus based on a number of factors, including the financial decisions you make with other financial services organizations. The Extra Debit Card and related services will not remove negative credit history from your credit report. Extra will report your activities to Experian® and Equifax®. Please refer to our Terms of Service and Cardholder Agreement for additional details. Pricing and rewards availability will vary depending on plan and term selected.

²In order to transact with your Extra Debit Card, you must have an active, Plaid-compatible bank account linked to Extra’s services (“Partner Account”). In the event your Partner Account is disconnected from Extra services for any reason, you will not be able to use your Extra Debit Card. Within 30 days of the date of each transaction made using your Extra Debit Card, Extra will initiate one or more ACH debits to deduct equivalent funds from your Partner Account. These ACH debits typically deduct funds from your Partner Account within 2 to 3 business days after initiation by Extra. You are responsible for keeping track of your available Partner Account balance.  If the ACH debit is successful, Extra will report positive payment history to the credit bureaus. If the ACH debit fails and remains unpaid for 30 or more days as of the last day of the month, Extra may report negative payment information to the credit bureaus.

Read more: See the best bank promotions here and the best investing promotions here.

Tags: extraextra cardextra.app
Tweet13Share20Share4Pin5SendShareSend
BMO Harris $350 Checking Bonus BMO Harris $350 Checking Bonus BMO Harris $350 Checking Bonus
ADVERTISEMENT
Previous Post

American Express Card Referral Program: Higher Referral Offers [Targeted]

Next Post

Amex Blue Cash Everyday Card: Earn 3% with These Online Retailers

Diana Mason

Diana Mason

Diana's passion for travel eventually led to her separation from the 9 to 5 office life and into the arms of freelance work. Cali-born and Philly-bred, she's a creative professional with a delightful knack for words. When she's not gallivanting across the globe, Diana can be found writing (of course), teaching yoga and dreaming of her next big adventure.

Recommended For You

Tellus Promotions: $20 Welcome Bonus & Referrals

January 29, 2023 12:51 am CST
tellus

Tellus Boost (tellusapp.com) is welcoming new customers with a $20 cash bonus (referral below). Earn an additional $20 cash bonus for every person who uses your unique referral...

Read more

Your Guide To NCUA Insurance: How It Safeguards Your Credit Union Accounts

January 28, 2023 10:25 pm CST

Are you a credit union member wondering how your deposits are protected? Look no further than NCUA insurance. NCUA insurance is deposit protection that all federal credit unions...

Read more

Everything You Need to Know About Unsecured Credit Cards

January 28, 2023 10:07 pm CST

When someone says "credit card," your first thought is often an unsecured credit card. It enables you to make big purchases and pay them off gradually. They frequently...

Read more

[Targeted Offer] Citi Cardholders Get 5% Back On PayPal Purchases – Ends 3/31/23

January 27, 2023 11:27 pm CST

Citi is offering a $20 discount on PayPal purchases of $200 or more to some cardholders. Update 1/28/23: Targeted cardholders now get 5% back, up to $75 total,...

Read more

Bank Of America Business Advantage Customized Cash Rewards $1000 Bonus

January 27, 2023 9:40 pm CST

The Bank of America Business Advantage Customized Rewards Mastercard offers a $300 $1,000 statement credit as an introductory bonus. To qualify, charge at least $3,000 $10,000 to your...

Read more
Next Post

Amex Blue Cash Everyday Card: Earn 3% with These Online Retailers

Business Green Rewards Card from American Express 25,000 Points Bonus

Business Green Rewards Card from American Express 25,000 Points Bonus

Blue Cash Everyday Card from American Express Up To $250 Welcome Bonus Offer

Leave a Reply Cancel reply

Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Your email address will not be published. Required fields are marked *

Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus
ADVERTISEMENT
TD Bank $300 Bonus TD Bank $300 Bonus TD Bank $300 Bonus
ADVERTISEMENT
ADVERTISEMENT
Get new posts by email:

Featured Articles

M1 Finance

Best M1 Finance Bonuses: $50, $500, $4000, $10000 Offers

January 26, 2023 4:39 am CST
Bank of America

Bank of America Checking Account $100 Bonus Offer – Ends 6/30/23

January 26, 2023 4:37 am CST

Best Axos Bank Bonuses, Promotions of January 2023

January 26, 2023 4:36 am CST

Best Bank Bonuses, Promotions of January 2023

January 26, 2023 11:59 pm CST
Featured Chase Image

Best Chase Bank Bonuses of January 2023 (up to $2000!)

January 16, 2023 11:30 pm CST
BMO Harris Bank

Best BMO Harris Bank Bonuses, Promotions of January 2023

January 16, 2023 11:29 pm CST
Featured Chase Image

Chase Total Checking® Account $200 Bonus Offer [Nationwide] – Ends 4/19/2023

January 16, 2023 10:54 pm CST

J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 4/13/23

January 13, 2023 9:39 pm CST

Public.com Bonus: $300 In Free Stock, Up To $10,000 Brokerage Transfer Offers

January 13, 2023 6:51 am CST
U.S. Bank Bonus

U.S. Bank Smartly™ Checking and Standard Savings up to $600 Bonus – Ends 2/7/23

January 26, 2023 4:11 am CST
Best Online Mattress Promotions, Offers, Discounts of 2023

Best Online Mattress Promotions, Offers, Discounts of 2023

January 1, 2023 12:19 am CST

Best Cryptocurrency Bonuses, Promotions of January 2023 (Free Bitcoin & More)

January 25, 2023 12:48 am CST
TD Bank

Best TD Bank Bonuses, Promotions of January 2023

December 31, 2022 11:50 pm CST
Robo Advisors

Best Robo-Advisor Promotions, Offers of January 2023

December 31, 2022 11:50 pm CST
HSBC Bank

Best HSBC Bank Bonuses, Promotions of January 2023

December 31, 2022 11:49 pm CST
Best Money Transfer Services Intro

Best Money Transfer Service Promotions, Bonuses, Offers of January 2023

January 26, 2023 4:15 am CST
Brokerage and Investing Promotions from moneysmylife

Best Stock Broker & Investing Promotions, Bonuses of January 2023

January 13, 2023 9:59 pm CST
Best Free Checking Account Offers (No Monthly Fees) of January 2023

Best Free Checking Account Offers (No Monthly Fees) of January 2023

January 4, 2023 3:47 am CST
The Best Referral Deals on moneysmylife

Best Referral Programs, Offers, Deals to Make Money – January 2023

December 31, 2022 10:55 pm CST
Chase Bank

Chase Business Complete℠ Banking $300 Sign-Up Bonus [Nationwide] – Ends 2/16/23

January 26, 2023 4:14 am CST
TradeStation

TradeStation Promotions: $150 Cash Or $150 Bitcoin Offer

December 18, 2022 1:07 am CST
Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus
ADVERTISEMENT

Search by Categories

  • Bank Promotions
  • Banking
  • Credit Cards
  • Cryptocurrency Promotions
  • Deals
  • Featured
  • Investing
  • Other
  • Referral Promotions

Latest Articles & Updates

tellus

Tellus Promotions: $20 Welcome Bonus & Referrals

January 29, 2023 12:51 am CST

Cash App: Reduced MTA Fares (NYC Subway & Buses) – Ends 2/3/23

January 28, 2023 11:31 pm CST

Your Guide To NCUA Insurance: How It Safeguards Your Credit Union Accounts

January 28, 2023 10:25 pm CST

Everything You Need to Know About Unsecured Credit Cards

January 28, 2023 10:07 pm CST

[Targeted Offer] Citi Cardholders Get 5% Back On PayPal Purchases – Ends 3/31/23

January 27, 2023 11:27 pm CST

Newsletter

Get new posts by email:

Recent Articles

air-canada-aeroplan-offers

Aeroplan® Credit Card: Up to 100,000 Bonus Points

January 27, 2023 11:06 pm CST

New Paramount+ Promo Codes For 1 Month Or 1 Year Free, 50% Or $30 Cash Back

January 27, 2023 10:17 pm CST

Topics

Categories

Banking Bank Promotions Credit Cards Cryptocurrency Promotions Deals Featured Investing Other Referral Promotions

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

© 2022 MoneysMyLife. All rights reserved.

  • About
  • Advertiser Disclosure
  • Disclaimer
  • Privacy
  • Terms
  • Contact
No Result
View All Result
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure

© 2022 MoneysMyLife. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.