And while there's no security deposit, the card does have an annual fee of $39, and it doesn't earn rewards. But WebBank can consider factors aside from just your credit scores — including your income and debt — to weigh your creditworthiness, and the card reports to all three credit bureaus.
What is DFS account?
DFS Account means an account established on the Company's books and records on behalf of an DFS Participant equal to the sum of the DFS Participant's (i) DFS Deferral Account, (ii) DFS Bonus Account and (iii) Company Contribution Account. Sample 1.
What credit report does WebBank use?
Reports to all three credit bureaus (Experian, TransUnion and Equifax)
Does Dell Preferred account report to credit bureaus?
The Dell Preferred Account is a revolving line of credit and is therefore reported as such to the credit bureaus.
What is DFS Web bank?
DFS/Webbank is a credit report code that stands for Dell Financial Services/WebBank. ... This usually happens when you apply for a Dell Preferred Account or Dell Business Card with Dell Financial Services issued by WebBank.
Does WebBank do a hard inquiry?
WebBank offers two types of revolving lines of credit for Dell Financial Services. If you've applied for one of these lines of credit and authorized the bank to check your credit, you may see a hard credit inquiry on your credit reports. ... A soft inquiry is visible only to you and doesn't affect your credit scores.2021-10-12
Does Dell Preferred Account report to credit bureaus?
The Dell Preferred Account is a revolving line of credit and is therefore reported as such to the credit bureaus.