Credit Strong accounts help consumers simultaneously
build credit and grow savings.

How does a Credit Strong Account work?
Open an Account in Minutes
Pay a one-time administration fee beginning at $8.95. Austin Capital Bank instantly gives you a loan and places the loan funds in a FDIC insured savings account in your name. The savings account
funds are locked to secure the loan.
Make On-Time Payments
Your monthly payments get reported to all 3 major credit bureaus. The principal is credited
towards the lock on your savings – the interest is what we earn for providing the service.
Track Your Progress
We provide a free FICO® Score 8 monthly so you can track your progress.
Unlock Your Savings
When your loan is repaid in full, the lock is removed from your savings account. You’ve built both
credit and savings.

Amount of Debt
Account sizes from $1,000 to $10,000 allow consumers to add an impactful tradeline to
their credit profile, without negatively impacting utilization.
Payment History
Monthly payments starting as low as $15/month make establishing a responsible
payment history affordable for almost anyone.
Length of Credit History
With account lengths from 12 months up to 120 months consumers can increase their
average length of credit history.
Credit Mix
A Credit Strong account adds an installment account to a consumers credit profile,
complimenting any credit card revolving accounts they may already have.

Benefits of a Credit Strong account:
Build Credit & A Down Payment
Build credit – installment loan and payment history reported to all three major credit bureaus
Build savings while you build credit – build up to $1,000 in savings in as little as 12 months
Low Pricing
Low monthly payments – build credit for less than the cost of TV streaming
No upfront security deposit required – start for as little as $8.95
No commitment – cancel at any time for any reason with no prepayment penalty and no early withdrawal fee
No credit check – it will not hurt your credit to apply (no hard or soft credit inquiry)

No credit score required – bad credit or no credit? No problem.
No ChexSystems inquiry – had a couple bumps in your banking past? No worries.
Monthly FICO® Score 8 for free – track your progress every month
Accessible online 24/7 – apply and be approved in just minutes, log into your account 24/7
No middlemen – Credit Strong is a division of a 5-star rated bank, Austin Capital Bank. Member FDIC.
No cap to your savings – continue growing your savings after the loan matures