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Yendo Vehicle Equity Mastercard®
Yendo Vehicle Equity Mastercard® Review
The Yendo Vehicle Equity Mastercard® is an innovative financial tool that allows users to leverage their vehicle equity to build credit while offering flexibility and accessibility for those with limited credit histories. While it does require vehicle ownership, its unique approach makes it a valuable option for individuals seeking an alternative to traditional secured credit cards.
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
While this site receives compensation from companies listed here, this does not influence our ratings or reviews. Learn more here.
Yendo Vehicle Equity Mastercard®
SIGN-UP BONUS
None
REWARDS RATE
1.5% Cash Back
Build Credit
Reports to all three major credit bureaus
Higher Credit Limits
Tap into your vehicle equity to get higher limits at affordable rates. $4,400 average credit limit - up to $10,000
APRs
29.88% fixed on Purchases, Balance Transfers, and Cash Advances
Annual Fee
$40
Card Brand
Mastercard®
Recommended Credit Score
Limited / Poor / FairHighlights
- Earn 1.5% unlimited cash back on card purchases every time you make a payment.
- Yendo works like a regular Mastercard but taps into your vehicle equity to get higher limits at affordable rates
- $4,400 average credit limit - up to $10,000
- Submit an application with photos of your vehicle and receive an instant decision
- See if you Pre-Qualify in minutes without harming your credit score - all credit scores welcome to apply
- Looking to build or rebuild your credit? We report to the 3 major credit bureaus monthly
- Get a virtual card instantly after approval - simple and fast application
- Add to your mobile wallet and make purchases today using Apple Pay, Samsung Pay and Google Pay
- Accepted everywhere in the US where you see the Mastercard logo - in store, online, and in app
- Fraud coverage if your card is lost or stolen - access your account 24 hours a day, 7 days a week
- No cash deposits
Additional Info
Foreign Transaction Fee
3% of the transaction amount, in U.S. dollars
Balance Transfer Fee
$5 or 5% of the amount of balance transfer, whichever is greater
Expert Review
Editor's Overall Rating
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
From the LendingTree editorial team, updated on Jun 16, 2025
The Good
- The Yendo Vehicle Equity Mastercard® allows users to leverage their vehicle equity as a secured line of credit, providing an innovative way to build credit while accessing funds. It's particularly beneficial for those with limited credit history, offering a unique and flexible alternative to traditional secured credit cards.
The Not So Good
- The Yendo Vehicle Equity Mastercard® requires vehicle ownership to qualify, which excludes those without a car from using this option. Additionally, tying credit to a vehicle's equity might pose risks, as missed payments could potentially affect the security provided by the vehicle.
The Bottom Line
The Yendo Vehicle Equity Mastercard® is an innovative financial tool that allows users to leverage their vehicle equity to build credit while offering flexibility and accessibility for those with limited credit histories. While it does require vehicle ownership, its unique approach makes it a valuable option for individuals seeking an alternative to traditional secured credit cards.
Editorial Note: This content is not provided by Yendo. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Yendo.
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