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Established Member
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Registered: ‎10-21-2013
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Secured Credit Cards That Approve With A Bankruptcy?

Anybody know of secured cards that'll approve with a bankruptcy on file. I know both CapOne secured and OpenSky both approve, wondering about others. 

TU08 - 823
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Re: Secured Credit Cards That Approve With A Bankruptcy?

Fifth Third after a year and a half for me.  And US Bank after two years.  Credit Unions might approve, but it varies.  I had one that approved and two that denied a year after bankruptcy.



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Re: Secured Credit Cards That Approve With A Bankruptcy?

You had US bank approve with a bankruptcy on file? It even states that they don't approve bankruptcies on the website ;\. 

TU08 - 823
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Re: Secured Credit Cards That Approve With A Bankruptcy?


doctorofcredit wrote:

You had US bank approve with a bankruptcy on file? It even states that they don't approve bankruptcies on the website ;\. 


It states that "they may not be able to approve if your credit report reflects a BK."

 

I have read that folks have been able to get a US Bank/Elan with a BK, but its usally 5 years post BK

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Re: Secured Credit Cards That Approve With A Bankruptcy?

Alot of credit unions dont pull credit for secured cards. State Department and First Tech are amongst them. They also have great rates and practically no fees.

 

Citibank will approve 2 years post BK

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Re: Secured Credit Cards That Approve With A Bankruptcy?

If you can get in, NFCU has the secured nRewards card. It even has the possibility of graduating at a year.

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
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Re: Secured Credit Cards That Approve With A Bankruptcy?


sjt wrote:

Alot of credit unions dont pull credit for secured cards. State Department and First Tech are amongst them. They also have great rates and practically no fees.

 

Citibank will approve 2 years post BK


+1. IMHO Credit unions are the way to go, but if you do not qualify for a Credit Union near you, Capital One treats you decently (experience from my mother working past a medical related bankruptcy)

Current cards: MSUFCU Platinum, Amex PRG, Amex Surpass, Amex BCE, Citi Double Cash, US Bank Cash +, Huntington Voice, US Airways, Sallie Mae, Discover IT, Chase Freedom TU:751 EQ Enhanced: 738
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