Grow Credit

About

Grow Credit helps individuals build their credit history by reporting subscription payments to major credit bureaus. It is suitable for those new to credit or looking to improve their score. For instance, paying for Netflix monthly through Grow can positively impact your creditworthiness.

What Stands Out

• •Builds credit by reporting on-time payments for popular subscriptions like Netflix and Spotify to all three major credit bureaus.
• •Offers a free plan option, making credit building accessible without upfront costs.
• •Requires no prior credit history, making it ideal for credit beginners.
• •Uses a virtual credit card to pay for subscriptions, which are then debited from your linked bank account.

Things to Consider

Grow Credit offers multiple subscription plans with varying credit limits and monthly fees, starting from a free tier. A Grow MasterCard is required, and linking a bank account is necessary for automatic payments. Specific plan benefits and costs should be reviewed to ensure suitability.

Useful Tips

1. 01Link your bank account to ensure timely payments for your subscriptions via the Grow MasterCard.
2. 02Start with the free 'Build Free' plan if you are new to credit building.
3. 03Monitor your credit score regularly through the app's free FICO score feature.
4. 04Consider upgrading to a paid plan if you need higher credit limits or want to report larger subscription expenses.