Compare Secured Credit Cards
Normally in tow with a nominal fee, secured credit cards are ideal for those with little or no credit. They work in much the same way as prepaid cards, whereby a card is ‘secured’ with a form of collateral (in most cases a cash deposit).Applied Bank® Secured Visa® Credit Card
- 9.99% Low Fixed APR - Rate Won't Change Even If You're Late!
- CHOOSE Your Credit Limit Up To $5,000*
- $0 Fraud Liability
- NO Credit Requirements
- NO Income Requirements
- ACCEPTED Worldwide at Millions of Locations
- CREDIT Bureau Reporting
*Minimum $200 deposit required. Your credit limit will be equal to the amount of your deposit.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $50 | See Terms* | Poor |
Platinum Zero™ Secured Visa® Credit Card
- ZERO - 0% FIXED APR on Purchases - No Intro Rates!
- ZERO - 0% Rate Won’t Change - Even If You’re Late!
- ZERO Turn Downs - Guaranteed Approval*
- ZERO Credit and Income Requirements
- ZERO Application Fees
- ZERO Hassles - Just Choose Your Credit Limit Up To $5,000*
- ZERO Worries - FREE Personal ID Theft Protection
- ZERO Delays - Timely CREDIT Bureau Reporting!
*Requires identity and residence verification and minimum deposit amount of $500 up to $5,000.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| 0% | N/A | See Terms* | See Terms* | Good |
Applied Bank® Secured Visa® Gold Card
- 9.99% Low Fixed APR - Rate Won’t Change Even If You’re Late!
- CHOOSE Your Credit Limit Up To $5,000*
- $0 Fraud Liability
- NO Credit Requirements
- NO Income Requirements
- ACCEPTED at 27 Million Locations Worldwide and Online
- CREDIT Bureau Reporting
- *Minimum $200 Deposit Required. Your Credit Limit Will Be Equal to the Amount of Your Deposit.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $50 | See Terms* | Poor |
New Millenium Bank Secured Black Diamond Visa® or Mastercard®
- Approved regardless of credit history
- Credit limits up to $10,000*
- Reports to all 3 bureaus
- Get cash at over 740,000 ATMs
- No credit check
* Terms and conditions apply
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $59 | See Terms* | Bad |
New Millennium Bank Secured Gold Visa® or MasterCard®
- Approved regardless of credit history
- Credit limits up to $10,000*
- Reports to all 3 bureaus
- Get cash at over 740,000 ATMs
- No credit check
* Terms and conditions apply.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $59 | See Terms* | Bad |
FAQs on secured Credit Cards
Where can one get a Secured Credit Card?
Many of the nation’s credit unions give their members the option to apply for one, which comes with lower interest rates.
Will I need to make a deposit?
Yes you will and this varies significantly, but could range from between £300 to $500.
How will getting a Secured Credit Card help me build my credit rating?
They require a disciplined approach, so should not be used to carry any balance. Secured Credit Cards also help ensure you never spend more than you can afford, which over time and if managed competently should help improve your credit score.
