Is Bright Money a Credit Card? Here\'s What You Need to Know

You might be wondering, "Is Bright Money a credit card?" The short answer is no. While Bright helps you manage and pay down your credit card debt, it\'s not actually a credit card itself. Bright Credit is a line of credit and not a credit or debit card.

So, What is Bright Money Then?

Bright is designed to help the US middle class take control of credit card debt. Bright helps the US middle class take control of credit card debt. Instead of issuing a new credit card, Bright provides a line of credit that\'s used strategically to pay off your existing credit cards. Pay off all your credit cards with one app.

How Does Bright Credit Work?

Bright Credit is a low-interest line of credit with many benefits. It works by offering you a line of credit that Bright then uses to make payments on your existing credit card debts. This can potentially save you money on interest charges and help you become debt-free faster. Get all the perks of your credit card while reducing your bill. First, it’s really easy. It takes about 2 minutes to get started – even if you’ve never qualified for a line of credit or a balance transfer before. You’ll typically get a credit limit between $500 - $8000. We’ll use it right away to start paying off the credit card of your choice – Ver más.

Will Checking My Rate Affect My Credit Score?

When you check your rates for Bright Credit we initiate a “soft pull” of your credit. This will NOT impact your credit score. A soft pull is different from a hard inquiry, which can slightly lower your credit score. So, you can explore your options with Bright without worrying about hurting your credit.