Fortiva Credit Card: What You Need to Know Before You Start
Fortiva is a credit card issuer that works with people who have limited credit history or lower credit scores. You can request a card through their website without visiting a branch. The card comes with a security deposit — typically between $200 and $2,500 — that becomes your credit limit. Fortiva reports your payment activity to the three major credit bureaus, which means on-time payments build your credit history over time.
This is not a prepaid card. You make monthly payments on what you charge, just like a standard credit card. The security deposit stays in a separate account and is not touched unless you stop paying your bill. After you demonstrate responsible use — usually 7 to 12 months of on-time payments — Fortiva may return your deposit and convert the card to an unsecured account, or you may be able to request this change.
Key Takeaways
- Fortiva requires a security deposit to open an account, which serves as collateral and becomes your starting credit limit.
- You can request a card online through Fortiva's website by providing personal information, income details, and banking information for the deposit.
- The card reports to all three credit bureaus, so consistent on-time payments help rebuild or establish your credit score.
- Annual fees, interest rates, and deposit amounts vary, so review the terms before you submit your request.
- After months of responsible use, you may be able to recover your deposit and move to an unsecured card.
What Information You'll Need to Provide
Fortiva will ask for your Social Security number, date of birth, current address, and employment information. Have your most recent pay stub or tax return available if you're asked about income. You'll also need a valid government-issued ID and a bank account in your name where Fortiva can pull the security deposit.
The deposit is typically withdrawn electronically from your bank account within a few days of approval. Make sure the account you link has sufficient funds and that you're comfortable with the timing. Fortiva may also ask about any existing debts or credit accounts you hold, so having that information ready speeds up the process.
How the Online Request Process Works
Start at Fortiva's website and look for the option to request a card. You'll fill out an online form with your personal and financial details. The form usually takes 10 to 15 minutes. After you submit, Fortiva reviews your information — this typically takes a few minutes to a few hours, though some decisions take longer.
If approved, you'll receive a decision notice by email or mail. The notice will include your credit limit (which equals your security deposit amount), annual percentage rate (APR), and any annual fee. Your physical card usually arrives within 7 to 10 business days. You can often set up online access to your account before the card arrives, so you can begin using it for online purchases right away.
Costs Associated with a Fortiva Card
Most Fortiva cards charge an annual fee, which ranges but is typically between $39 and $99. This fee is charged to your account once per year. The APR for purchases varies based on your creditworthiness and current market rates, but generally ranges from around 18% to 24% or higher. There is usually no annual percentage rate on the security deposit itself — that money sits in a separate account.
Late payment fees and over-limit fees may explore if you miss a payment or exceed your credit limit. Some versions of the card offer no over-limit fees if you opt in to decline transactions that would exceed your limit. Review the specific terms and conditions for the card you're considering, as these details change and vary by product.
Building Credit With Your Fortiva Card
The main reason to use a Fortiva card is to build credit history. Each on-time payment is reported to Equifax, Experian, and TransUnion. Over time, a record of consistent payments raises your credit score. Most people see meaningful improvement within 6 to 12 months of regular use, though the exact timeline depends on your starting score and overall credit profile.
To maximize the benefit, charge small amounts you can pay off in full each month. This keeps your credit utilization low — ideally under 30% of your limit — which credit scoring models reward. Avoid missing payments, as even one late payment can significantly damage the progress you've built. Set up automatic payments or calendar reminders to stay on track.
When Fortiva Might Deny Your Request
Fortiva may decline your request if you have a very recent bankruptcy, multiple recent late payments, or a history of fraud or identity theft. They may also decline if you don't have a valid bank account or if there are errors in your process. A decline does not mean you can never get a Fortiva card — you can usually request again after several months have passed or after addressing the underlying issue.
If you're declined, ask Fortiva for the specific reason. Some reasons are temporary (like a recent address change that hasn't updated in the credit bureaus yet), while others require time to pass. In the meantime, you might explore other secured card options or work on rebuilding credit through other means, such as becoming an authorized user on someone else's account or using a credit-builder loan.
What Happens After You're Approved
Once your card arrives, set up it through Fortiva's website or by phone. Set up online account access so you can monitor your balance and make payments. Your first statement will arrive about 30 days after your first charge. You'll have a grace period (usually 21 days from the statement date) to pay your balance without interest, provided you pay in full.
Make at least the minimum payment by the due date each month. After 7 to 12 months of on-time payments, contact Fortiva to ask about graduating to an unsecured card or recovering your security deposit. Some cardholders are automatically upgraded; others must request it. When you graduate, your deposit is returned to your bank account, and your credit limit may increase.
Frequently Asked Questions
Can I request a Fortiva card if I have no credit history?
Yes. Fortiva works with people who have limited or no credit history. You'll need a valid ID, a bank account, and income (from employment, benefits, or other sources). Having no credit history is not a barrier, though Fortiva will still review your process.
How long does it take to get approved?
Most decisions come within minutes to a few hours of submitting your online request. Some applications take longer if Fortiva needs to verify information. Once approved, your physical card typically arrives within 7 to 10 business days, though you may be able to use the card for online purchases before it arrives.
What if I can't afford the security deposit right now?
You'll need to have the deposit amount available in your bank account before you request the card. If you can't afford it now, wait until you've saved the amount you want to use as your limit. Starting with a smaller deposit (like $200) is an option if you want to begin rebuilding credit sooner.
Can I get my security deposit back?
Yes, typically after 7 to 12 months of on-time payments. Contact Fortiva to ask about graduating to an unsecured card or recovering your deposit. The exact timeline and process depend on your account history and Fortiva's current policies.
Does Fortiva check my credit with a hard inquiry?
Yes, Fortiva performs a hard inquiry when you request a card, which may temporarily lower your credit score by a few points. This inquiry stays on your credit report for about two years but has less impact over time. The benefit of building credit history through on-time payments typically outweighs the initial impact of the inquiry.