Can I buy anything with Kikoff credit?
You are able to use the Kikoff Credit Account to finance the purchase of goods and services from Kikoff. Unlike a credit card, the Kikoff Credit Account can only be used to make purchases from Kikoff (e.g. can't buy gas or groceries).
The Credit Account is NOT intended for everyday purchases on things like gas or groceries. It can only be used on the Kikoff Store to finance the purchase/renewal of credit builder plans like Kikoff Credit Service Basic, Premium, or Ultimate or, if desired, educational content like eBooks or digital courses.
The Kikoff card doesn't charge an annual fee, monthly fee, APR or foreign transaction fee. There is a $2.50 ATM withdrawal fee, but only if you withdraw cash from an ATM outside of the Allpoint network.
Consumers get access to a credit line of up to $750 to buy items in the Kikoff online store. They pay the loan back in small increments, and Kikoff reports the loan and the payments to the major credit bureaus. Kikoff has a $5 monthly membership fee and charges no interest or late fees.
You may use your Card for Purchases and Cash Advances.
You are able to use the Kikoff Credit Account to finance the purchase of goods and services from Kikoff. Unlike a credit card, the Kikoff Credit Account can only be used to make purchases from Kikoff (e.g. can't buy gas or groceries). There is no physical card with the Kikoff Credit Account.
What is Kikoff? Kikoff is a credit-building product that offers consumers a $750 revolving line of credit without charging any interest or fees on the credit line.
ACH transfer into an external bank account - You may choose to transfer the funds from Kikoff to your connected bank account of choice. This takes 3-5 business days.
Fee-free overdraft protection
With qualifying direct deposits, overdraw $20 per month on your card without fees. The amount will increase the longer you keep your banking service with Kikoff, up to $200 per month.
- Log into your Kikoff account (if you aren't already)
- Go to the Home section of your dashboard.
- Tap or click Credit Account.
- Tap or click ⚙️ Settings at the top right of your screen.
- Tap or click on Kikoff Store.
Does Kikoff send you a credit card?
To begin building credit with your purchases and to receive a physical card in the mail, deposit $50 onto your Secured Credit Card via direct deposit or bank transfer. Once you've made this deposit, your physical card should arrive in ten business days.
| App | Maximum loan amount | Fees |
|---|---|---|
| Brigit | $50-$250 | No late fees or penalties |
| Chime | $20-$200 | Not applicable |
| Dave | Up to $500 | Membership fee: $1; express fee: $3-$15; external transfer fee: $5-$25 |
| MoneyLion | Up to $500 | Turbo fee: $0.49-$6.99 to RoarMoney account; $1.99-$8.99 to external debit card |
Collect Your Savings
Once the total amount transferred from your line of credit to your Credit Builder Savings account reaches $500, you can transfer the money to your Credit Karma Money Spend Account.
You are able to use the Kikoff Credit Account to finance the purchase of goods and services from Kikoff. Unlike a credit card, the Kikoff Credit Account can only be used to make purchases from Kikoff (e.g. can't buy gas or groceries).
A cash advance is the act of withdrawing cash against your credit card limit. You can complete a cash advance at an ATM, in person at a bank or — in some cases — over the phone. You should only use credit card cash advances for emergencies due to the cash advance fee and high APR.
The Kikoff Secured Credit Card has a $500 daily withdrawal limit at the ATM. If you have less than $500 on your Kikoff Secured Credit Card account, your daily limit will be your Secured Credit Card's balance. Note: If an out-of-network ATM charges you a fee, that fee can be count towards your daily withdrawal limit.
You can withdraw cash using your Secured Credit Card with zero fees at over 55,000 in-network ATMs worldwide. To find a free ATM for cash withdrawals from your Secured Credit Card, use Allpoint's ATM locator. You can also withdraw cash from any Mastercard supported ATM nationwide, but fees may apply.
Most Kikoff users receive a $750 credit line that they can only use at the Kikoff store. The cheapest option is a $5 monthly charge toward the $750 credit line. The store also includes other items for purchase, such as electronic tutorials about financial literacy and entrepreneurship.
You are able to use the Kikoff Credit Account to finance the purchase of goods and services from Kikoff. Unlike a credit card, the Kikoff Credit Account can only be used to make purchases from Kikoff (e.g. can't buy gas or groceries). There is no physical card with the Kikoff Credit Account.
Once you've added funds to your Secured Credit Card, you can use it anywhere Mastercard is accepted. You can also withdraw cash using your Secured Credit Card with zero fees at over 55,000 in-network ATMs worldwide.
Is Kikoff like self lender?
Like Kikoff, Self claims to be a credit-building toolkit. Their flagship product, the Self Credit Builder Loan, charges high up-front fees and locks up your payments for two years, but returns a portion of that money at the end of the loan.
While you will no longer be using your account, Kikoff keeps it open to help you continue to grow key credit factors like account age, even after you're no longer paying for a plan.
Account holders may withdraw cash at a local bank branch using a withdrawal slip or paper check. Automated teller machines (ATMs) offer convenient access to cash withdrawals beyond bank hours. Many retail stores may offer customers the ability to receive cash back when making debit card purchases.
Can I transfer money from a credit card to a debit card? Yes, you can transfer money from your credit card into your current account and then use the debit card linked to that account to spend it as you wish.
Rates and fees
Typically does not charge an annual fee, providing significant cost savings. Fees for cash advances can vary; consult your card's terms and conditions for specific details. There is no fee for foreign transactions.
