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First Time Borrower

One of Your Best Long-Term Relationships

We won’t break your heart, and we’ll always have your back. You can bet that we’re going to be one of your best long-term relationships, especially if you’re thinking of getting a first car or credit card. We’ve designed our loans to help first-time borrowers be successful and learn the basics of responsible borrowing. New borrowers have a choice of several options that will help you establish good credit and get on the road with a first car or a new Visa credit card.** When you’re ready to take the next step, contact one of our loan representatives, and we can help you understand how to establish good credit and get the loan that’s right for you.


Effective Date: September 29, 2023


*Annual Percentage Rate Effective 9/1/2023

17.40%+ APR*


Rates as low as 6.49% APR* with a qualified co-signer. Ask us for details.

See Disclosure


Effective Date: September 29, 2023


*Annual Percentage Yield Effective 9/1/2023

15.99%+ APR*

Visa Classic | Visa Rewards 

Choose from any card design

See Disclosure Visa Classic
See Disclosure Visa Rewards
The Basics:
Savings & Checking


Savings and checking accounts are the foundation of your finances and a basic first step in establishing credit. 

O Bee offers savings and checking options that earn great benefits: 

  • Savings Account: Earn 2.02% APY* 
  • Checking Account:** Earn Rewards Points+ with most purchases. Rewards good for free merchandise and travel.

First-Time Auto Loan

If you've never owned a car before, we've got advice and guidance to help you get started. At O Bee, it is possible to apply for an auto loan without an established credit history.

We can consider a loan for first-time borrowers if you have been employed full-time for at least 90 days. For a first-time auto loan, we may be able to offer up to 6x your monthly gross salary.

Other ways to improve your chances of securing a first auto loan:

  • Make a down payment. A down payment works in two ways. It helps to improve the likelihood of approval, and it may serve to reduce your interest rate on the loan.
  • Build credit first. Consider applying for a secured credit card with O Bee to establish a good credit record, and prove you can handle the responsibilities of an auto loan.
  • Recruit a co-applicant or co-signer. Join forces with someone who has already established good credit, like a parent or spouse.

Talk to an O Bee loan representative today. We’ve designed our loans to help first-time borrowers be successful and learn the basics of responsible borrowing.

First-Time Credit Card

If you’ve never had a credit card before, O Bee should be your first stop. Our credit cards are designed to help you manage your account sensibly. Each card is simple, reliable, safe, and easy to use with no complicated fees or rules. Our credit cards offer ongoing value with low rates, rewards, and benefits you can use along with low affordable rates. You can enjoy the online credit card benefits that help you make the most of your money with the convenience and security you deserve.

First-Time Credit Card
Requires at least 90 days of full-time employment
Low Rates | No Annual Fee
No Balance Transfer Fee | No Cash Advance Fee++
Enhanced Fraud Detection
25-Day Grace Period on Purchases
Cash Back or Rewards+ That Won't Expire
Choice of Any Card Design

Trouble Getting Credit? Visa Secured Credit Card
Establish credit with a Secured Visa Card. If you've had trouble getting approved for a credit card, then a secured credit card might be a good option for you.

  • Secured cards require a cash deposit as collateral ($300 minimum) which serves as a credit line for the account.
  • With a Visa Secured Credit Card, O Bee will report your payment history to the credit bureaus, allowing you to build or improve your credit history.
  • If you make on-time payments to all of your creditors and keep your balances low relative to credit limits, you will be on your way to establishing good credit and having greater financial freedom.
  • An O Bee Credit Union Secured Credit Card is the perfect card if you’re building your credit or just starting out. We’ve designed our loans to get you into the credit world responsibly.

Protecting Young Adult’s Information
Our online financial services are not designed for or directed toward children. We do not knowingly solicit or collect data from children, and we do not knowingly market to children online. We recognize that protecting Young Adult’s identities and online privacy is important and that responsibility rests with us and with parents.

*Annual Percentage Yield. Special rate applies only to the first $500 in your savings account with a suffix of 0001. Amounts in excess of $500 will earn the standard savings rate. Special rate is limited to one [1] savings account per member. Requirements will be evaluated monthly for qualification. $1.00 is needed to open an account. In the event that you do not qualify for the special rate, your account will earn the standard savings account rate. See Truth in Savings Disclosure. Rates subject to change.

Requirements to earn stated dividend rate and APY are: 1) you must be enrolled in E-statements; 2) your account must have an aggregate equal to or greater than $100 in direct deposits to Checking and/or Savings per month, OR have three [3] Visa Debit purchases per month, OR the primary account holder must be younger than 18 years of age. Limit one [1] savings account per member. Dividends will be paid to the savings suffix 0001. Requirements will be evaluated monthly for qualification. $1.00 is needed to open an account. In the event that you do not qualify for the special rate, your account will earn the standard rate stated for savings accounts. Fees could reduce earnings. Rates subject to change. See Truth in Savings Disclosure.

** Conditions Apply
+ Cash advances and ATM withdrawals do not earn any points.
++ Interest accrues immediately on cash advances.

Choose Any Card Design

Interest Rate Break

O Bee members who work to improve their credit score may be rewarded with a lower interest rate on their credit card at O Bee.

Understanding Your Credit Score

Credit scores mean a lot. A good to excellent credit score could save you hundreds of thousands of dollars over your lifetime.

Checking Accounts

It’s a snap to open a checking account today.