If you recently moved to the United States for work, you may find that accessing financial services can be a problem. Take a look at the Jasper Mastercard for a possible solution to your problems. It is a great card if you don’t have any credit history. They are currently offering up to 6% cash back if you refer friends to Jasper & No Credit History Needed To Apply.
This card is issued by WebBank, Member FDIC, and doesn’t require a credit history1 or a Social Security Number2 to apply. They will report your spending and payments to Equifax, TransUnion, and Experian, which can help build your credit after responsible use. Also, they don’t charge an annual fee3, so continue reading to learn more about the Jasper Mastercard.
(Visit Jasper to learn more)
|Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months.||Citi Premier® Card 80K Points after $4,000 spend within 3 months
|The Platinum Card® from American Express 80K Points after $6,000 spend within 6 months||Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months|
|American Express® Gold Card 60K Points after $4,000 spend within 6 months||Citi CustomSM Cash Card $200 Bonus after $750 spend within 3 months|
|Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months||Chase Freedom Unlimited® Card earn an additional 1.5% cash back on everything you buy (on up to $20K spent in the first year) - worth up to $300 cash back!|
|Blue Cash Preferred® Card from American Express $250 Welcome Offer after $3,000 spend within 6 months||Blue Cash Everyday® Card from American Express $250 Welcome Offer up to $150 back when you shop with PayPal & $100 back as a statement credit after $2,000 spend.|
|Ink Business Preferred® Card 100K Points after $15,000 spend within first 3 months||Ink Business Unlimited® Credit Card $900 Bonus after $6,000 spend within 3 months|
|U.S. Bank Altitude® Go Visa Signature® Card $200 Bonus after $1,000 spend within 90 days||Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months|
Table of Contents
Jasper Mastercard Summary
|Credit Limit||Up to $5,000|
|Ongoing Rewards/Benefits||Up to 6% cash back by referring friends. Terms apply|
|Foreign Transaction Fees||None|
Jasper Mastercard Rewards
Earn Cash Back. With the Jasper Mastercard, you can earn up to 6% cash back by referring friends. Review the program terms. This is a great offer for a starter card to offer.
How It Works. You are guaranteed a minimum of 1% cash back on almost all everyday purchases as long as your account is in good standing. Then, you can boost your cash back rate by 1% for a full year for every friend you bring on board – all the way up to 6% cash back! Your cash back maximum will vary based on your credit limit.
Redeem Cash Back. Cash back is applied automatically to your account every month as a statement credit after three on-time payments.
Making The Most Out Of Your Jasper Mastercard
- Use it responsibly to help build a credit history in the U.S., since Jasper reports to Equifax, TransUnion, and Experian.
- Make your payments on time and in full to help establish a solid credit history and qualify for more valuable rewards credit cards with higher limits and better perks.
- Use it when you travel because it doesn’t charge any foreign transaction fees.
- Do not close this card, even if you don’t use it. Keeping it open can continue to help your credit score. Plus, there’s no annual fee to pay.
All in all, the Jasper Mastercard is good choice for those who are new to credit in the United States. Apply for this card without a Social Security Number2 or credit history1, however you will need proof of income. There is a relatively high, unsecured credit limit and no annual or foreign transactions fees.
1 If you have just arrived in the U.S. on a work visa, Jasper will not run a hard inquiry with the credit bureaus to process your application. If you are a U.S. citizen, a U.S. permanent resident, or if you have been living in the U.S. for more than one year at the time of application, Jasper will run an inquiry with the credit bureaus. However, application review is always based on multiple criteria, not just your credit score.
2 No SSN is required to apply for applicants who are new to the U.S. and are in the country on a work visa. SSN is required within 60 days of card activation. Card can only be activated from within the US.
3 Review the Jasper fee schedule
Your cash back rate will be increased by 1% for 12 months for each referred applicant that activates their card, up to a limit of 6% total cash back. To earn 6% cash back, you must successfully refer 5 new cardholders within the same 12-month period. To become eligible to redeem cash back, you must first make three on-time payments. The purchases on which you can earn cash back are limited each billing cycle to an amount equal to your credit limit. Review the Rewards Terms and Conditions.