Secured Credit Cards
Secured credit cards are a common choice among consumers with poor or no credit. While these offers don't have the same features and benefits as unsecured credit cards, they can provide an alternative to build or establish credit.
Directly with Plains Commerce Bank
Compare
PCB Secured Visa® Credit Card
- Upon credit approval, the collateral deposit you provide becomes the credit limit on your Visa® card. Choose between $200 and $1,000.
- A minimum collateral deposit of $200 is required to open this account.
- After the first year, you can request to increase the credit limit up to a maximum of $5,000 (subject to credit approval and additional collateral deposits).
- This card is perfect for people new to credit as well as people looking to rebuild their credit.
- Reports monthly to all three major credit bureaus.
- Build or rebuild your credit by keeping your balances low and paying all creditors on time every month.
- 24/7 online account center.
- This card is issued by Plains Commerce Bank pursuant to a license from Visa U.S.A., Inc.
- See Rates & Fees
Credit Needed: Fair, PoorCreditWeb considers people with a credit score between 601 and 699 to have fair credit. A credit score below 600 is considered poor credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $39* |
N/A* |
N/A* |
18.90% (fixed)* |
|
Applied Bank® Secured Visa® Gold Preferred® Credit Card
- Better than Prepaid...Go with a Secured Card! Load One Time - Keep On Using
- Absolutely No Credit Check or Minimum Credit Score Required
- Automatic Reporting to All Three National Credit Bureaus
- 9.99% Low Fixed APR - Your Rate Won’t Go Up Even if You Are Late
- Activate Today with a $200 Minimum Deposit - Maximum $1,000.
- Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime
Credit Needed: PoorCreditWeb considers people with a credit score below 600 to have poor credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $48 |
N/A* |
N/A* |
9.99% Fixed |
|
Directly with PREMIER Bankcard®
Compare
PREMIER Bankcard® Secured Credit Card
- Our mobile app helps you keep track of your spending and payments for greater financial control.
- When you need assistance our award-winning US-based Customer Service agents are there to help.
- FICO scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any PREMIER Bankcard® product.
- If approved, make your first six monthly minimum payments on time and we may send you an offer to apply for an unsecured credit card. Some restrictions apply. ‡
- ‡ If you apply for the second account, which is unsecured, you will be approved if you can demonstrate the ability to pay your bills, meet our minimum income requirements, do not reside in New York or Wisconsin and are not covered under the Military Lending Act.
Credit Needed: Poor, AverageCreditWeb considers people with a credit score below 600 to have poor credit. 2
Reviews: Be the first to write one
Rewards: N/A*
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| See Provider Website |
N/A* |
N/A* |
See Provider Website |
|
Directly with Capital Bank N.A.
Compare
OpenSky® Secured Visa® Credit Card
- No credit check to apply and find out instantly if you are approved
- OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
- Get considered for a credit line increase after 6 months, with no additional deposit required
- You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
- Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
- View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
- Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months
- Your refundable* deposit, as low as $200, becomes your OpenSky Visa credit limit
- Easy application, apply in less than 5 minutes right from your mobile device
- Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
- *View the cardholder agreement
Credit Needed: Fair, LimitedCreditWeb considers people with a credit score between 601 and 699 to have fair credit. A credit score between 645 and 689 is considered limited credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $35 |
N/A* |
N/A* |
20.39% (variable) |
|
Merrick Bank Secured Credit Card
- Choose your own credit line based on how much money you want to put down as a security deposit.
- Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
- After 9 months, we review your account for a credit line increase. No additional deposit required!
- Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
- Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
- Get your FICO® Credit Score for free each month.
- Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
- Card issued by Merrick Bank, Member FDIC.
Credit Needed: Fair, AverageCreditWeb considers people with a credit score between 601 and 699 to have fair credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $36 for first year. Billed $3 per month thereafter |
N/A |
N/A |
21.20% Variable |
|
Merrick Bank Double Your Line® Secured Credit Card
- Put down $200, which becomes your credit line. Then, if you qualify, double your credit line to $400 without making another deposit.
- Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open
- Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
- Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
- Get your FICO® Credit Score for free each month.
- Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
- Card issued by Merrick Bank, Member FDIC.
Credit Needed: Fair, AverageCreditWeb considers people with a credit score between 601 and 699 to have fair credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $36 the first year. Billed $3 per month thereafter |
N/A |
N/A |
21.20% Variable |
|
With a secured credit card, you're required to provide a cash collateral deposit that acts as your credit line. As long as you pay your bill on time, this approach may help you establish credit.
Although secured credit cards require collateral, these offers still provide benefits such as:
- Reporting to all three major consumer reporting agencies
- Online account access
- Ability to increase your credit line by adding to your collateral
A secured credit card is one tool that can help you build or rebuild your credit. A few steps for rebuilding your credit are: apply for a manageable credit limit credit card, avoid missed payments to your creditors and establish diverse credit. You can learn more and apply for a variety of secured offers online.
