Deserve Review

About Deserve

Deserve: The Future of Credit Card Platforms

Deserve is a digital-first and cloud-based company that has revolutionized the credit card industry. With its innovative approach, Deserve has built the credit card platform of the future. The company's mission is to provide access to fair credit for everyone, regardless of their financial history or background.

Deserve was founded in 2013 by Kalpesh Kapadia and Michael Hallinan with the goal of creating a new kind of credit card platform that would be accessible to all. They saw an opportunity to use technology to make credit more inclusive and fair, and they set out to build a platform that would do just that.

Today, Deserve offers a range of credit cards designed for students, professionals, and entrepreneurs. Each card comes with unique benefits tailored to its target audience. For example, the Deserve Edu Mastercard is designed specifically for college students who are building their credit history for the first time. It offers cashback rewards on purchases made at restaurants and entertainment venues as well as other perks like free Amazon Prime Student membership.

The Deserve Pro Mastercard is aimed at young professionals who are looking for a flexible rewards program that fits their lifestyle. It offers unlimited 3% cashback on travel and entertainment purchases as well as other benefits like cell phone protection insurance.

The Deserve Classic Mastercard is designed for those who have limited or no credit history but still want access to a quality credit card with no annual fee. This card comes with basic benefits like purchase protection insurance and extended warranty coverage.

One thing that sets Deserve apart from traditional banks and lenders is its use of alternative data sources in its underwriting process. Instead of relying solely on FICO scores or other traditional metrics, Deserve looks at factors like education level, income potential, employment status, and more when evaluating applicants' eligibility for a line of credit.

This approach allows Deserve to extend lines of credit to people who might not otherwise qualify for traditional credit cards. It also helps the company identify potential customers who are likely to be responsible borrowers and good credit risks.

Deserve's commitment to inclusivity and fairness extends beyond its underwriting process. The company is also dedicated to providing transparent pricing and terms for its products, so customers know exactly what they're getting when they sign up for a Deserve card.

In addition, Deserve offers a range of educational resources on its website to help customers understand how credit works and how they can use their cards responsibly. These resources include articles on topics like building credit, managing debt, and avoiding common financial pitfalls.

Deserve's digital-first approach means that all of its products and services are available online or through its mobile app. This makes it easy for customers to manage their accounts, track their spending, and make payments from anywhere at any time.

Overall, Deserve is a forward-thinking company that is using technology to make credit more accessible and fair for everyone. Its innovative approach has already earned it recognition from industry experts like Forbes, which named it one of the "Best Credit Cards For College Students" in 2020.

If you're looking for a quality credit card with flexible rewards programs designed specifically for your needs as a student or young professional, then Deserve may be the right choice for you. With its commitment to inclusivity, transparency, and innovation in the world of finance – there's no doubt that this company will continue making waves in the industry!