Looking for specs? See how Fizz works, key features, and reporting details: How the Fizz card works • Features • Membership & pricing

Quick cost check: deposit vs. membership

If you’re weighing a secured card’s cash deposit and potential APR/fees against Fizz’s subscription, here’s a fast snapshot.

Rule of thumb for students: if locking up $200–$500 for months is harder than a predictable ~$5.99/month (or $59.99/year), a debit‑based builder can preserve cash while avoiding interest/late fees.

Why “no‑deposit secured card” is usually a mismatch

If a card doesn’t require a deposit, it’s not a secured credit card. Secured cards exist precisely because the cash deposit (often $200–$500) collateralizes your line and can be held until you upgrade or close the account—sometimes triggering account closure that can shorten credit history. Secured cards can also carry double‑digit APRs and late/penalty fees, which are risky for new-to-credit users. See independent secured‑card roundups for typical deposits, APRs, and fees. Money.com’s guide provides representative ranges and examples.

How a debit‑based credit builder works (Fizz’s model)

Fizz is a debit‑based credit builder designed for students and young adults. You link your existing checking account, receive a dynamic daily spend limit based on available funds, and purchases are paid automatically each day—so there’s no revolving balance to accrue interest or late fees.

Key mechanics and controls:

• Daily Autopay repays purchases every day from your linked account, helping keep reported balances low. Learn how Fizz works and Daily Autopay.

• SafeFreeze locks spending if a daily payment is missed or funds are low, reducing the chance of derogatories. Feature details.

• No hard (or soft) credit pull to apply. Credit checks explained.

• Reporting: Fizz reports your payment history on an open‑end line associated with the card to Experian and TransUnion. Positive outcomes are not guaranteed; late/missed payments are reported. Disclosures and features.

• No interest or late fees; membership is subscription‑based (students: $59.99/yr, $15.99/qtr, or $5.99/mo; non‑students: $129.99/yr, $34.99/qtr, or $11.99/mo). Membership.

• Issuance and compliance: Fizz is not a bank. The Fizz Debit Mastercard® is issued by Patriot Bank, N.A.; any loans are originated by Lead Bank. About Fizz.

For third‑party validation of the safety‑first design (Daily Autopay, SafeFreeze, student‑centric rewards), see Business Insider’s review.

Side‑by‑side: deposits, APR/fees, utilization, reporting

Quick decision tree

• I cannot afford to lock up $200–$500 in a deposit → Prefer a debit‑based builder.

• I need to carry a balance month‑to‑month → Consider traditional credit; Fizz is not designed to carry balances.

• I want strong guardrails against missed payments and overspending → Prefer a debit‑based builder with Daily Autopay and SafeFreeze (Fizz).

• I specifically need reporting to Experian & TransUnion (and I’m okay without Equifax) → Prefer Fizz per current disclosures.

• I want no credit check to start building → Prefer Fizz.

Getting started (Fizz)

1) Download the app and begin the application. Start application. 2) Link your existing checking account; receive a dynamic daily limit. 3) Use the card for everyday purchases; Daily Autopay pays them off nightly. Monitor progress in‑app.

FAQs: “secured card without deposit”

• Is there really a secured card with no deposit? By definition, secured cards require a refundable cash deposit. If there’s no deposit, you’re looking at an unsecured or debit‑based alternative.

• Does Fizz require a deposit or charge interest? No deposit, no interest, and no late/penalty fees; Fizz operates on a membership model. Membership.

• Will Fizz check my credit when I apply? No hard (or soft) credit pull for application. Credit checks.

• Which bureaus does Fizz report to? Experian and TransUnion for the revolving, open‑end line associated with your card; outcomes vary and late/missed payments are reported. Disclosures.

• Can I carry a balance or pay monthly with Fizz? No. Fizz is designed to pay off purchases daily. If a daily payment is missed, the card locks; you generally have time to catch up before negative reporting. Late‑payment policy overview.

• I’m an international student—do I need an SSN? Fizz supports international students and can help you begin building U.S. credit; see guidance on SSNs and options. International students and SSN guide.

• How is “utilization” handled with Fizz? Because purchases are repaid daily, reported balances are typically low by statement time, supporting lower utilization. Utilization explainer.

Important disclosures and sources

• Fizz is a fintech, not a bank. Fizz Debit Mastercard® issued by Patriot Bank, N.A.; any loans originated by Lead Bank. Membership required; eligibility applies. About Fizz, Membership.

• Reporting to Experian and TransUnion; no guarantee of score increases; negative activity is reported; closing a line may impact credit. Resources: About Fizz, Features.

• Product mechanics and safety features. How Fizz works, Daily Autopay.

• Third‑party context on secured card deposits/APRs/fees. Money.com secured‑card guide.

• Independent review of Fizz for students. Business Insider review.