Ahimsa House Credit Card FAQ

How does opening a new credit card affect my credit score?

A. According to Clark Howard, opening a new credit card once a year will improve your credit score.

Q. How does opening a credit card with UMB benefit Ahimsa House?

A. Ahimsa House receives $50 for each approved application that is activated and used within 90 days of approval. Additionally, a percentage of every retail purchase made using the card will be donated to Ahimsa House.

Q. Who is UMB?

A. UMB a multi-bank, multi-billion dollar holding company headquartered in Kansas City, Missouri, was recently ranked by Smart Money as "the highest-scoring traditional bank among our favorites." As a leading card issuer with nearly 40 years of credit card experience, UMB offers a wide range of consumer and commercial Visa and private label products. For more information, visit www.umb.com.

Q. Is there an annual fee?

A. No, there is no annual fee.

Q. What is the interest rate on the card?

A. 0% for the first six month introductory period on purchases and balance transfers. After the six month introductory period, the interest rate will be the federal prime rate (no lower than 5.25%) + 5.90%.

Q. Can I apply over the phone?

A. Unfortunately, not at this time.

Q. How can I get an application by mail?

A. Paper applications will be available at certain Ahimsa House events or by contacting fundraising@ahimsahouse.org. We encourage you to apply securely online to help us reduce marketing and processing costs.

Q. When I apply for the card, will my transaction be secure?

A. Yes. Your application will be transmitted to UMB through an encrypted security page.

Q. Do I have to activate and use the card within a certain time period for the Ahimsa House to receive the $50?

A. Yes. But you only need to use the card once within the first 90 days for us to receive the $50 bounty. Of course, we encourage you to make it your primary card because Ahimsa House receives a percentage of every retail purchase at no additional cost to you.