Line of Credit Rewards
Unlock rewards with qualifying account activity that make your line of credit more flexible to repay and more affordable to get money when you need it.
Fee Saver
Each time you make a Qualifying String of Payments, we’ll reduce your Cash Advance Fee by 1.25%, so more money goes into your account with each Cash Advance. Keep up the Qualifying String of Payments, and we’ll continue lowering your Cash Advance Fee every six months — until it eventually drops to 0%. You will not lose any reductions in Statement Balance Fees that have already been applied to your Account. Any successful payments made towards your Qualifying String of Payments under prior versions of the program will count toward the current Fee Saver reward program. Additional reward terms and conditions apply. View the full Fee Saver Rewards Program Terms.
For a full list of terms and definitions, visit the Line of Credit glossary page.
Apply for a line of credit without affecting your FICO® score.
See How Fee Saver Works
- Alexis earns a Fee Saver reward by making a Qualifying String of Payments on her line of credit.
- The Cash Advance Fee she must pay each time she requests a Cash Advance is reduced by 1.25%.
- Alexis makes another Qualifying String of Payments, increasing her Cash Advance Fee savings to 2.5%..
- As she continues to make Qualifying Strings of Payments, Alexis continues to accrue Fee Saver rewards.
- After 48 consecutive months of on-time payments of at least the Minimum Payment amount included in her periodic statement, Alexis is able to reach her maximum Fee Saver reward, reducing her Cash Advance Fee to 0%!
FAQ
Fee Saver is an earned reward that reduces the Cash Advance Fee you must pay each time you request a Cash Advance.
When you make six consecutive months of on-time payments of at least your Minimum Payment amount included in your periodic statement, we’ll reduce your Cash Advance Fee by 1.25%, so more money goes into your Account with each Cash Advance. Keep making consecutive payments of at least the Minimum Payment amount included in your periodic statement, and we’ll continue lowering your Cash Advance Fee every six months — until it eventually drops to 0%.
You can earn Fee Saver rewards by making consecutive Qualifying Strings of Payments over time. This means you may be able to reduce your Cash Advance Fee down to 0%.
Fee Saver rewards are automatically applied to your account when you make a Qualifying String of Payments.
You can view your reduced Cash Advance Fee under “Fee Saver Status” within the “My Account” menu.
Skip-a-Pay
When you make Qualifying Strings of Payments, Skip-a-Pay lets you skip the Minimum Payment for a Billing Cycle. It’s just one way that NetCredit can offer you more financial flexibility and relief to help with unexpected expenses.
For a full list of terms and definitions, visit the Line of Credit glossary page.
Apply for a line of credit without affecting your FICO® score.
See How Skip-a-Pay Works
- Jamie is using the Skip-a-Pay he accrued after making six consecutive Monthly Minimum Payments.
- He calls the Customer Support Team and requests to use his Skip-a-Pay on the next Minimum Payment in his Billing Cycle, which is in June.
- Jamie’s Minimum Payment scheduled for June is deferred.
- This means that Jamie does not have to make a payment during June. He also doesn’t need to pay the Statement Balance Fee associated with that month's Minimum Payment.
- The June payment that he "skipped" is deferred until July, and Jamie's regular Minimum Payments will resume for his next Billing Cycle.
FAQ
Skip-a-Pay is an earned reward that lets you skip the Minimum Payment for a Billing Cycle.
You must successfully make a Qualifying String of Payments to earn a Skip-a-Pay. If you’re paying Monthly, you’ll need to make at least six consecutive on-time Minimum Payments. If you’re paying Bi-weekly, you’ll need to make at least 12 consecutive on-time Minimum Payments.
There is no limit to the number of Skip-a-Pays you can accrue, and Skip-a-Pays do not expire during a normal Billing Cycle. Only if a customer’s Account becomes past due will Skip-a-Pays become unusable.
All you have to do is call our Customer Support Team at (877) 392-2014 and tell them you’d like to redeem a Skip-a-Pay for your current Billing Cycle’s Minimum Payment.
You can generally use a Skip-a-Pay for any regularly scheduled Minimum Payment. If you’ve accrued more than one Skip-a-Pay, you can use them for consecutive payments.
Please note that you cannot redeem a Skip-a-Pay within two business days of a scheduled payment. You must use it at least three business days or more prior to a scheduled payment.
Yes — you can still request Cash Advances from your Available Credit.
This depends on whether or not you make a payment or request a Cash Advance after using a Skip-a-Pay.
If you do not make a payment or request a Cash Advance afterwards:
- The ending Cash Advance Balance, Statement Balance Fee and Minimum Payment from your skipped Minimum Payment will stay the same for your next scheduled Billing Cycle.
If you do make a payment or request a Cash Advance afterwards:
- The ending Cash Advance Balance for your next regularly scheduled Minimum Payment will reflect that payment or Cash Advance. You’ll see that your Statement Balance Fee and Minimum Payment in your next Billing Cycle will be different.
This won’t affect your FICO® score.