Augie, the informal name of GetAugie Inc., is launching a secured charge card that can be used to establish a credit history. We call this card  the “Augie Card” or sometimes just the “Card”.

We have already started the preparations for a launch and are running an invite list. You can get on the invite list by signing up on our website [here].

Our referral program enables you to introduce Augie to your friends and family. We will provide you with a referral code when you download the Augie App  and complete registration.  Use the referral code you receive in your registration email or on the Augie App to refer friends and family to Augie. When you do and the referral signs up and uses the Augie Card for a few months, you both get reward points. The reward points can be used to pay your bills.

We will not charge any monthly or yearly fees for you to get and use the Augie Card. In addition, since the Augie Card is a charge card, you will not be rolling over any balance from one month to the next and so we will not charge you any interest either. Our goal is to have you start your path to building a credit history without the burden of fees or unsustainable debt.

As we work through the invite list, we will email you at the email address you used to sign up.

When we start issuing the Augie Card, you can start the application process through the Augie App. To do that, you will need to present a verifiable form of ID, have an existing checking or savings account with a U.S. bank that our partner, MX Technologies, can connect to, and not be someone that the US government has on their negative lists like the OFAC SDN and non-SDN lists. And of course, you will need to possess and give us your social security number.

We will not do a hard credit check to process or evaluate your application for the Augie Card.

Yes, the Augie Card is a secured credit card. We realize that you do not want to set aside hundreds of dollars in an account for extended periods of time to begin establishing a credit history. Through our patent pending process, Augie will create security on a payment-by-payment basis. It will be like you paying your bills with your debit card, just a few days earlier than you are used to. 

The Augie Security Account is a balance you will maintain with one of Augie’s bank partners. This account will hold the security for the amount you spend on your Augie Card as you pay your bills. We and our relevant bank partners will have security over your money in the account so that in case you don’t pay the amount due on your card, we can use the balance in this account to pay it.

The balance in the Augie Security Account can be used only for settling the payment due on your Augie Card. 

A history and track record of having a credit line and using it appropriately is one of the important factors used by credit bureaus to establish a credit score. Using the Augie Card as intended will create a track record for this purpose. This can establish and contribute to improving your credit score. 

Building and maintaining a credit score depends on your actions, situation, and transactions. The scores are independently determined by credit bureaus based on a number of factors, including your other financial transactions. Using the Augie Card will create a track record of credit transactions that in general can affect your credit score positively if used as intended. However, there can be no guarantee of you being able to establish a credit score or improving it. Certain actions taken, or not taken, by you on the Augie Card (such as assuring you have the funds to pay your bills and responding to any alerts Augie may send you to assure your timely settlement of the Augie Card), or otherwise may result in a positive or negative effect on your credit score. 

The Augie Card will be issued by our issuing partner, TCM Bank, N.A., under license from Visa U.S.A., Inc.

You should review important disclosures about the Augie Card on our website [here].