Jeff Pratley, WalletHub Credit Card Advisor
DFS/WEBBANK is short for “Dell Financial Services/WebBank.” If you see this on your credit report, it means you recently applied for a Dell Preferred Account. That’s the revolving line of credit offered by the computer company Dell. And WebBank manages all of Dell’s credit lines.
Here’s what DFS/WEBBANK means:
- DFS/WEBBANK means “Dell Financial Services/WEBBANK.” It represents a Dell Preferred Credit Account managed by WebBank.
- A Dell Preferred Account is a revolving line of credit that qualified applicants can use to purchase Dell computer products.
- The Dell Preferred Account offers a credit limit of up to $5,000 and has an APR of 18.99% - 29.99% (V), depending on your credit. It can also get you special discounts. There is no annual fee.
The only time you should be worried about seeing DFS/WEBBANK on your credit report is if you haven’t applied for or opened a Dell Preferred Account. In that case, your first step should be to call Dell Financial Services at 1-800-283-2210, to see if there’s been a mistake. If someone’s opened an account in your name, you can file a complaint with the FTC, contact your local authorities, and dispute the info with the credit bureaus.
What company does this credit go with
Keyaira Sutton, WalletHub Analyst
It's there because you got the Dell Credit Card. I had the same dilemma and called them to confirm.
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