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Over the Past 60 Days!
Cash Back Rewards
2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, 1% unlimited cash back on all other purchases - automatically
Credit Limit
Credit line will equal your security deposit of $200 or more*
Rates and Fees
No annual fee, no late fee on your first late payment. No penalty APR*
Typical Credit Needed
Annual Fee
$0
Card Brand
Discover
See additional details for Discover it® Secured Credit Card
Reports to Credit Bureaus
Build Credit When Used Responsibly
Minimum Deposit
$49, $99, or $200
Regular Purchase APR
26.99% (Variable)
Typical Credit Needed
Annual Fee
$0
Card Brand
Mastercard®
See additional details for Secured Mastercard® from Capital One
Regular Purchase APR
See Issuer Website*
Track Your Credit Score
Reports to consumer reporting agencies help you monitor your financial progress to begin your credit building journey (build credit by keeping your balance low and paying all your bills on time every month)
Mobile App
First PREMIER Bank’s user-friendly mobile app offers fast, easy and convenient access to account management, when and where you need it.
Typical Credit Needed
Annual Fee
See Issuer Website
Card Brand
Mastercard®
See additional details for First PREMIER® Bank Secured Credit Card
Improve Your Credit Score
Free Credit Bureau Reporting
Credit Line
$200 - $2,000 Credit Line*
Regular Purchase APR
19.99% Variable
Typical Credit Needed
Annual Fee
$29
Card Brand
Mastercard®
See additional details for First Progress Platinum Elite Mastercard® Secured Credit Card
Improve Your Credit Score
Free Credit Bureau Reporting
Credit Line
$200 - $2,000 Credit Line*
Regular Purchase APR
9.99%
Typical Credit Needed
Annual Fee
$49
Card Brand
Mastercard®
See additional details for First Progress Platinum Prestige Mastercard® Secured Credit Card
Improve Your Credit Score
Free Credit Bureau Reporting
Credit Line
$200 - $2,000 Credit Line
Regular Purchase APR
13.99%
Typical Credit Needed
Annual Fee
$39
Card Brand
Mastercard®
See additional details for First Progress Platinum Select Mastercard® Secured Credit Card
Credit Line
$200, which doubles to $400 if you qualify
Regular Purchase APR
17.45% Variable
Build Credit
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.
Typical Credit Needed
Annual Fee
$36 the first year. Billed $3 per month thereafter
Card Brand
Visa®
See additional details for Merrick Bank Double Your Line™ Secured Visa®
Build Credit
Reports monthly to all three major credit bureaus. Build or rebuild your credit with responsible use.
Credit Line
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).
Customer Support
24/7 online account center.
Typical Credit Needed
Annual Fee
$39*
Card Brand
Visa®
See additional details for PCB Secured Visa® Credit Card
Credit Line
Upon approval, you’ll have an initial credit line based on your $200 -$3,000 deposit - It’s up to you!
Fraud Liability
$0 fraud liability for unauthorized charges.
Worldwide Acceptance
Use it anywhere Visa is accepted.
Typical Credit Needed
Annual Fee
$36 for the first year. Billed $3 per month thereafter.
Card Brand
Visa®
See additional details for Merrick Bank Secured Visa® Credit Card
Purchase APR
17.39% (variable)
Build Credit
Build credit quickly. OpenSky reports to all 3 major credit bureaus.
Credit Line
$200 - $3,000 Credit Line*
Typical Credit Needed
Annual Fee
$35
Card Brand
Visa®
See additional details for OpenSky® Secured Visa® Credit Card
Reports to Credit Bureaus
Build Credit When Used Responsibly
Regular APR
9.99% Low Fixed APR
No Penalty Rate
Your Rate Won’t Go Up Even if You Are Late
Typical Credit Needed
Annual Fee
$48
Card Brand
Visa®
See additional details for Applied Bank® Secured Visa® Gold Preferred® Credit Card
0% Intro APR
0.0% Introductory APR for the first 6 months your account is open, then 12.99% (Variable)
Build Credit
Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
Credit Line
Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
Typical Credit Needed
Annual Fee
$49
Card Brand
Mastercard®
See additional details for Assent Platinum 0% Intro Rate Mastercard Secured Credit Card
*General Disclaimer: See the online credit card application for details about terms and conditions. We make every effort to maintain accurate information. However, all credit card information is presented without warranty. To confirm terms and conditions, click the "Apply Now" button and review info on the secure credit card terms page.
If you’re new to credit or just starting your financial journey, you may be asking yourself what is a secured credit card? Or, how does a secured credit card work? Secured credit cards are perfect for consumers who have little credit history, no credit history, or bad credit history.
Secured credit cards work the same way as traditional credit cards in that your account activity will be reported to the three major credit bureaus. Secured cards also work like prepaid debit cards because you have to put down, known as a security deposit, in order to use the card. Your security deposit will also act as your line of credit. You should work hard to manage your account responsibly so positive account activity is reflected on your credit report instead of negative account activity.
Compare our secured card options to find the best secured credit card to fit your needs. Once you get approved, you can start to build or rebuild your credit by managing your account responsibly.