Reflex Mastercard Review: Its Fees Alone Should Make You Flinch

This is a costly credit card with flimsy benefits, even for those with bad credit. Plenty of better options exist.
Gregory KarpSep 27, 2021

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Our Take


NerdWallet rating 

The bottom line: This card caters to people with bad credit, but with its high fees and high interest, it's just not worth it.

Reflex Mastercard® Credit Card

on Celtic Bank's website

Annual fee

See Terms*

Regular APR

See Terms*

Intro APR


Recommended Credit Score

Quick Facts

Pros & Cons


  • Qualify with limited/bad credit
  • Reports to the three major credit bureaus


  • High annual fee
  • High APR

Alternate Pick: No annual fee, plus rewards

Discover it® Secured Credit Card
NerdWallet rating 

Discover it® Secured Credit Card

Higher possible credit line

This card has a $0 annual fee, not to mention ongoing rewards and a bonus phrased this way: "INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match." You'll need a minimum $200 security deposit, which will equal your credit line, but deposits can be as high as $2,500.

Read our review

Compare to Other Cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual fee

See Terms*

Annual fee


Annual fee


Regular APR

See Terms*

Regular APR

22.99% Variable APR

Rates & Fees

Regular APR

17.39% Variable APR

Intro APR


Intro APR

10.99% intro APR on Balance Transfers for 6 months

Intro APR


Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

Get more smart money moves — straight to your inbox

Become a NerdWallet member, and we’ll send you tailored articles we think you’ll love.

Full Review

With the Reflex Mastercard® Credit Card, your first reflex should be to avoid it. It’s a fee-heavy card with high interest rates and low credit limits.

True, it can help you build or rebuild credit. And issuers that accept applicants with bad credit (those with FICO scores of 629 or below) need to be compensated for all the customers who will fail to pay their credit card bills. That compensation comes in the form of high fees and rates.

But even the credit-desperate have better choices.

Nerdy tip: The Reflex Mastercard® Credit Card is issued by Celtic Bank of Utah and serviced by Continental Finance Co. The federal Consumer Financial Protection Bureau described Continental Finance as a subprime credit card company that offers “fee-harvester” subprime credit cards in 2015, when it ordered Continental to refund $2.7 million in illegal credit card fees.

Reflex Mastercard® Credit Card: Basics and benefits

Card type: Bad credit.

Annual fee: Between $75 and $99.

Maintenance fee: None in the first year. $0-$120 annually, billed at up to $10 per month, after the first 12 months.

Fee for additional cards: $30.

Sign-up bonus: N/A.

Rewards: None.

APR: 24.99% - 29.99% Variable APR.

Foreign transaction fee: 3% (waived for 12 months for those who qualify for a $300 credit limit).

Other benefits:

Why you're better off passing on the Reflex Mastercard® Credit Card — and what you should consider instead

Fees, Fees and MORE fees

Here are the fees the Reflex Mastercard® Credit Card charges in the first 12 months:

  • Annual fee: Up to $99.

  • Additional card fee: $30 for each authorized user you add to your account. On most cards, this is free.

  • Foreign transaction fee: 3% of each transaction in U.S. dollars (unless you qualify for a $300 credit limit, in which case this fee is waived for a year).

And here are the fees after the first 12 months:

  • Annual fee: Up to 99.

  • Monthly maintenance fee: $0 to $120, billed at up to $10 per month.

  • Foreign transaction fee: 3% of each transaction in U.S. dollars.

In short, these fees are high, especially if you get hit with the monthly maintenance charge after the first year.

You could instead rebuild your credit with a good secured credit card that doesn’t charge annual fees. With a secured credit card, the security deposit eventually comes back to you if you maintain a good payment history. Not so with an annual fee.

For example, the Capital One Platinum Secured Credit Card requires a security deposit that you can eventually get back with a good payment history. For those who qualify, the card might accept a deposit as low as $49, $99 or $200. And you can pay the deposit in installments if needed. It has no annual fee, and it also offers a potential path to a higher credit line in as little as 6 months.

If you have limited or no credit — as opposed to bad credit — you can find alternative cards that have no annual fee and no security deposit requirement. Consider the Petal® 2 "Cash Back, No Fees" Visa® Credit Card, for example, which is issued by WebBank and touts itself as a low-cost option for those looking to build a credit history. Petal’s issuer can also use its own underwriting model to evaluate creditworthiness, considering such things as income, spending and savings. The annual fee is $0. And the card earns rewards.

And if instead of bad credit what you really have is average credit (FICO scores of at least 630), then you have a slew of options better than the Reflex Mastercard® Credit Card.

Low initial credit limit

The initial credit limit with this card ranges up to $1,000 — but that's not the full story, thanks to those aforementioned fees.

Per the card’s terms and conditions: “Some of these set-up and maintenance fees will be assessed before you begin using your card and will reduce the amount of credit you initially have available. For example, if you are assigned the minimum credit limit of $300 and your annual fee is $75, your initial available credit will be $225 (or $195 if you choose to have an additional card).”

So out of the gate, a credit limit of $500 could really be $401 (or $371) because the card has socked you with a fee before you even get it in the mail. That’s around 20% of your credit limit gone on Day One, and now you’re in debt.

The $0-annual-fee Discover it® Secured Credit Card requires a deposit that determines your credit limit, but it can range from $200 to $2,500, so you have flexibility. It also earns rewards and has a bonus offer, phrased this way: INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.

If you have at least fair credit, the Capital One QuicksilverOne Cash Rewards Credit Card may also offer you access to a higher credit line in as little as six months if you make your monthly payments on time. And it, too, earns rewards: 1.5% back on all spending. There's an annual fee, but it's much more palatable.

Sky-high interest rates

Not paying your balance in full every month — including that potential $99 annual fee — will sting badly. The card has an APR of 24.99% - 29.99% Variable APR.

If you plan to carry a balance, you may be better off with the $0-annual-fee DCU Visa® Platinum Secured Credit Card, which has a much better APR — lower than the rates on many unsecured cards. You'll need to qualify for membership at that credit union to be eligible for the card.

Requires a checking account

Like some other cards for people with bad credit, the Reflex Mastercard® Credit Card requires you to have a checking account.

If that’s a problem, consider the OpenSky® Secured Visa® Credit Card. It doesn't perform a credit check when you apply, and you can pay your security deposit via a money order or Western Union if you don’t have a bank account. There is a $35 annual fee, however.

Should you get the Reflex Mastercard® Credit Card?

No. There are much better options, even for bad credit. See the NerdWallet best credit cards roundup to find out more about those other options.

Frequently asked questions