Grow Credit

Grow Credit Inc.

About this app

With over 1M downloads, Grow Credit, featured on the 2022 Forbes Fintech 50 and recognised as one of America's most innovative companies, helps consumers build credit using their subscriptions, with no prior credit history required.

Your credit score is different on Experian, Equifax, and TransUnion. Having a strong score on all three matters as mortgage lenders, car dealers, and credit card companies often review more than one to determine a consumer's creditworthiness. Grow helps you boost your credit score quickly on all three.

Grow your credit with your subscriptions in three easy steps:

- Apply for your Grow Credit Membership.
- Link your bank account.
- Link your subscriptions to be paid by your Grow Credit Debit Mastercard such as: Netflix, Hulu, Spotify, or over 100 others.

Your subscriptions will be billed to your Grow Credit Debit Mastercard, and we'll automatically debit your bank account every month and report your progress to all three credit bureaus.

A better credit score means lower interest rates on future loans, which could save money.

Applying for Grow will not result in a hard credit pull and will not affect your credit score.

The press raves about Grow:

Techcrunch.com: Grow "is a pretty elegant way to solve a problem that's a real barrier to entry for a large number of financial services. Credit scores can impact mortgages, the ability to receive small business loans, and a host of other services that are ways to boost economic opportunity."

Creditcards.com: Grow is "a very useful tool for climbing the ladder and eventually qualifying for a better card."

Nerdwallet.com: "The Grow Credit Mastercard is ideal for those with no credit or poor credit."

Grow offers 4 membership plans:
* Build
- Reports a $204 credit line to Equifax, Experian, and TransUnion
- $17 monthly spending limit
- Option to upgrade to a Grow membership after 6 months of consecutive on-time payments
- Cost: $3.99 per month

* Build Starter
- Reports a $204 credit line to Equifax, Experian, and TransUnion
- $17 monthly spending limit
- Option to upgrade to a Grow membership after 6 months of consecutive on-time payments
- $17 security deposit required - refundable after 12 consecutive on-time payments
- Cost: $3.99 per month

* Grow
- Reports a $600 credit line to Equifax, Experian, and TransUnion
- $50 monthly spending limit
- Access to premium subscriptions, including your cell phone bill (AT&T, T-Mobile, Verizon, or Sprint)
- Cost: $6.99 per month

* Accelerate
- Reports an $1,800 credit line to Equifax, Experian, and TransUnion
- $150 monthly spending limit
- Access to premium subscriptions, including your cell phone bill (AT&T, T-Mobile, Verizon, or Sprint)
- Cost: $12.99 per month

Additional Features:
- Plan duration: 12 months - renewable.
- Monthly Credit Score.
- Credit Education blogs and tutorials.
- Earn a $10 credit limit increase per referral — not a cash reward or direct payout

We look forward to assisting you in your credit-building journey!

Security:
• Your data is protected with 256-bit encryption bank-level security and is never stored on your devices.
This app is operated by Grow Credit, Inc. Questions or suggestions can be directed to [e-mail].

Ratings and reviews

CURRENT EDIT: The program has come back and thats great, but your card information doesnt show to update your subscription payments. The button that usually says 'show my card info' isnt there so you basically cant use it until this is fixed. PREVIOUS: It was great until they automatically canceled my account without my permission. They said the program sponsorship has ended so anyone wanting to get a Grow Credit account, cannot. Find another credit building app, friends.

You closed my account and it lost me 27 points on my credit!!!! Then I reopened the app just to have to sign a bunch of stuff and there's now a $4 monthly fee that wasn't there before. I thought it was an initial fee and I almost paid it because I thought it was just to reset up the account. No it's monthly!!!! That's a scam dude. I'm not gonna pay you after you closed my account without telling me to the point where I lost a whole grade on my credit.

The app itself is basically a paperweight that sends you to their website from which any option sends to check your settings sends you back to the app and you get stuck in a loop. In a previous version they stopped sending money to a subscription I had for no reason. I tried to cancel paying through them however I could no longer access any of the settings at all so the account stopped working and now my credit scored dropped by 32 points because of their incompetence.

What’s new

minor improvements