Sparrow Rewards Mastercard® Review: Empowering Credit Growth

Sparrow Mastercard: Build credit, 1% cash back, no deposit needed.

Sparrow Rewards Mastercard® Review: Empowering Credit Growth


  • Annual Fee: $59 for the first year, $99 thereafter.
  • Rewards Rate: 1% cash back on all purchases, conditioned on on-time payments.
  • Credit Reporting: Regular reporting to the three major credit bureaus.


  • Instant Use: Immediate access to a virtual card upon account approval.
  • Credit Building: Designed to help rebuild your credit; potential for a credit limit increase within six months.
  • User-Friendly App: Access to a leading mobile app with features like real-time notifications and a free credit score.
  • Zero Fraud Liability: Protection against unauthorized charges.
  • Unsecured Credit: No security deposit required, freeing up personal capital.


  • Higher Annual Fee: Increases after the first year, which may be a consideration for budget-conscious users.
  • High APR: Features a relatively high variable purchase APR, which can accumulate significant interest on carried balances.

Product Summary

The Sparrow Rewards Mastercard® is tailored for individuals looking to rebuild their credit. It offers a simple cash back rewards program and the unique feature of immediate virtual card access, allowing for instant use. The card's structure encourages good credit habits through rewards for on-time payments and regular credit bureau reporting. While the card comes with a higher annual fee after the first year and a high APR, it remains a valuable tool for those aiming to enhance their credit score while enjoying the flexibility of an unsecured credit line.

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