Surge Credit Card Review (2021)

By Sa El

Credit expert, licensed Insurance agent, Real Estate agent, and Co-Founder of Credit Knocks

Advertiser Disclaimer - Some links on this page may pay us advertising fees.

The Surge Mastercard® is a great option for a secured credit card for people with bad credit. Learn how to use this card to establish or rebuild your credit.

Surge Mastercard®


Annual Fee
$75 to $99

24.99% - 29.99% Variable

Credit Needed 
Bad Credit


Adds account to your credit report


Tons of fees attached to card


Apply in less than   5 minutes


Fair Support

    Credit Knocks Overall Star Rating:     

  • Low Deposit Possible
  • Easy to qualify
  • Credit building tool
  • Free Credit Score
  • Reports to all 3 major credit bureaus
  • Pre-qualify Without hurting credit score
  • High APR
  • Could require a $200 security deposit
  • $96.00 Annual Fee
  • $10.00 Monthly Fee


The Surge Credit Card is almost a hybrid credit card, it might no require a security deposit (depending on your credit) and that would make it an unsecured card. 

However, you might be required to submit a deposit which makes it function like a secured card.   It also has some pretty high fees.

I created this review so that you can understand how their card works, its benefits and short comings.

What's The Surge Mastercard®?

The Surge Mastercard is a hybrid credit card in the fact that depending on your current credit profile it could be secured or unsecured. 

The card is primarily for helping people with bad credit obtain new credit and re-build their credit profile.

The card is offered by Celtic Bank and also offers features like access to your VantageScore 3.0 for free. 

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Increase Your Credit by 100+ Points

In a recent study at Credit Knocks, we found that *48% of clients who used a credit repair company got a credit score increase of 100+ points.

Consultation is quick, easy, and free.

Who Is Celtic Bank?

Celtic Bank was founded in 2001 and is a leading nationwide small business lender.  

They are headquartered in Utah and are a privately owned industrial bank.   They are also an SBA Preferred lender and was named the largest SBA Lender in the nation.

What Makes Them Different?

The best thing about Celtic Bank is that they focus on credit cards for consumers with less-than-perfect credit.

surge credit card

The company specializes in providing access to credit products and services to consumers who are largely overlooked by traditional credit card issuers and local banks. 

Along with reporting to all 3 of your credit bureaus, you will get free access to your VantageScore 3.0 as well as an instant credit limit increase after making several on-time payments.

Surge Credit Card Basics

Below are some of the basic features of the Surge Mastercard®:

  • Card type: Unsecured / Secured Hybrid
  • Interest rate: 29.99% Variable APR
  • Annual fee: $125 1st yr, $96 after
  • Monthly fee: $10
  • Rewards: None
  • *Security deposit: $0, $50, $100, $150 or $500, depending on your credit
  • Credit Limit Ranges: $300, $500, $750, $1000
  • Foreign transaction fee: 3%
  • Credit reporting: Reports payment information to all three credit bureaus.
  • Cash advance fee: Either $5 or 5% of the amount of each cash advance, whichever is greater.
  • Late payment fee: Up to $40.00
  • Balance Transfer fee: N/A

*With this card you may need to provide a refundable security deposit, which determines what your initial credit limit will be. The credit card company holds that deposit in case you don't pay your bill.

In my personal opinion, paying a small fee to establish a strong credit profile is absolutely worth it; just be sure to make your payments on-time.

Surge Mastercard® Features

The Surge Credit Card is packed with several features that make it one of the best secured credit cards for rebuilding credit.

The main features of this card include: 

  • Easy Online Application Process 
  • Free Access To Your VantageScore 3.0
  • Reports monthly to all three major credit bureaus
  • Manage your account 24/7 with online access
  • Automatic Credit Limit Increase after making  several on-time payments
  • See if you’re Pre-Qualified without impacting your credit score

The Surge Secured Mastercard® helps you to establish a solid payment history with no annual fee required.

Vantage Score Access With Surge

Another amazing feature of the Surge Mastercard® is that you get access to your Vantage Score 3.0

vantagescore logo

All you need to do is accept electronic statements and your score will be on your monthly statements. 

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Low Credit Score?

Get a free consultation with a credit repair expert to see how much they can help your credit score.

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Surge Mastercard® May Have A Security Deposit

This card is more like an unsecured / secured hybrid card because there is a possibility that you might need a security deposit.

On the other hand, if you have "ok" credit you might not be subject to a security deposit. 

If you are required to pay a security deposit it will be returned if you close the card or if your card is graduated to unsecured.

Surge Mastercard® Pros & Cons



Low Deposit Possible

Credit building tool

May Improve Credit Score

Reports to 3 credit bureaus

Free Access To VantageScore

Security Deposit Required 

24.99% - 29.99%% (variable) APR

$10 Monthly Fee

$75 - $99 Annual Fee

Alternatives To The Surge Mastercard®

A secured credit card through Surge is one of the best options when it comes to establishing or rebuilding credit. 

However, there are a few other options available for building or repairing your credit, and if you can, I would get them in addition to the Surge card.

Credit Builder Loan Through Self Inc.

While these loans have a small monthly fee attached to them,  they also pull your credit report for approval.

Just like with a Surge Mastercard®, Credit Builder Loans report to all 3 credit reporting agencies.

The major difference is that it is an installment loan and not a revolving loan, but once the loan is paid off, the funds will be sent back to you.

We wrote a detailed guide here and a review of Self Lender here.

Catalog / Merchandise Account Through Fingerhut

Another great alternative are Catalog/ Merchandise Accounts.

While these types of accounts require a credit pull, it is very easy to get an approval and to start building your credit profile.

These accounts will report to all 3 credit reporting agencies; however, you can only use the credit at the Catalog or Merchandise company that gives you the credit.

One of the best catalog accounts comes from Fingerhut, we wrote a detailed review here

Steps To Take After You're Approved

The real work starts once you have been approved for your Surge Mastercard® Credit Card.

Monitor Your Credit

One of the most overlooked area of building credit, is monitoring your credit. 

This is truly your first line of defense when trying to build or rebuild your credit.

Helpful Tip

If your application goes to "Pending" status it doesn't mean Declined. Usually, more information may be needed.

You should try to find a service that allows you to monitor all 3 of your reports.

Make On Time Payments

Making on time payments sounds like a super simple thing to do; however, we all live in the real world where things almost never go as planned.

Be sure, no matter what, to make your payments on time because it is super important and is one of the largest factors in your credit score.

No matter what, avoid late payments.

Keep Credit Utilization Low

Another factor to consider is credit utilization, you really want to keep this under 3% of total credit if you can but try to never get it over 15%.

For example, if your Surge credit card has a $300 limit and you spend $60.

Spending $60 on a $300 card limit means you are utilizing is around 20% of your credit on that card and it is above the recommend credit utilization percentage, so be mindful of how much you spend.

Use The Candy Bar Method

You have probably seen talk about this method throughout our site because we find it to be the best strategy for establishing a good payment history.

Your goal with the Candy Bar Method is to take your card once per month and purchase a candy bar. 

This should cost no more than $1.00 or $1.50 and after 3 days you should be able to make your payment on the card.

This will show that the card is being actively used and that you are paying your bill.

How To Cancel Your Surge Credit Card?

Cancel By Phone:  You can call 1-866-449-4514 to cancel your Surge Card at any time.

Is There A Fee For Closing My Account?

Outside of the fees associated with your remaining balance, there is no fee for closing your account. 

You will also receive your security deposit back that you used to open your account.

I would recommend keeping the card active as long as you can, there really isn't a reason to cancel the card any time soon.

Taking Action On Your Credit

Hopefully, you found this Surge Credit Card review helpful because there are several secured card options available; however, only a few of them are as good. 

There's no better time than now to get your new account setup so that you can begin the process to either repair or rebuild your credit.

Start building your credit today with a Surge Mastercard® Credit Card!

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.

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