Grow Credit charges a membership plan fee to join their Credit Building platform. Plan fees vary, depending on your plan type. When you sign up, you can choose to pay your plan fees in full for the year for a discount.
The company also implements both annual and monthly fee structures. The annual fee is billed once per year, accounting for the cost of running the service, while the monthly plan fee is billed regardless of service usage during that billing cycle. Users are encouraged to check their accounts for updates to fee structures.
Grow Credit may periodically adjust its fee structure. While fees have been subject to changes in the past, users should consult Grow Credit communications for the most up-to-date information regarding potential modifications.
For each of our plans, you only repay what you actually charge on the card, plus the applicable plan fees. If your plan includes monthly fees, they are owed even if you don’t use the card that month. Just paying the fee is reported to the credit bureaus as an on time payment.
For additional information regarding plan options and pricing, please visit our Pricing page.
Grow Credit does not charge fees for insufficient funds, missed or late payments, or if you choose to close your account.