Opinion......

[doc101]

What would you consider the best secured card for rebuilding credit?

[llecs]

IMO, any secured card works if you have none reporting. I started with BofA and Orchard Bank back in the day.

[Shogun]

Several members also go with Cap1.  But I like BOA if you can swing it.

[dzemboc77]

I did Cap1, They even gave me a $100 increase with a secure card after a year. Just keeping it now because its the oldest card I have and no fees.

[rckstrscott]

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@dzemboc77 wrote:

I did Cap1, They even gave me a $100 increase with a secure card after a year. Just keeping it now because its the oldest card I have and no fees.

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I did the exact same thing.. put 200 down, got the card, and they gave me that extra 100 about a year later.

I also keep it, no fees. I don't use it anymore, but it def. served its purpose.

A lot of people complain about Cap1's customer service, but on a 200 dollar secured card, it is what it is.

-scott

[doc101]

I have  Cap 1 secured with $500 limit......not a bad card.....has really helped me with my rebuilding. Thought of getting another card but haven't  decided yet

[imovinup]

BofA as they can unsecure it in 12 months . i had cap1 secured for 2 years with no added benefit of it possiblly unsecuring . both require credit checks and BofA can sometimes deny people for there secured card but cap1 normally accepts everyone and theirs also has 25-50% unsecured at the time of application. BofA maximum $4900 and cap1 3000. ive had both i perfer BofA