THE TOP SECURED CARDS ON THE MARKET

[Anonymous]

For those of you inquiring about which banks and creditors offer secured cards. Here is a list of SECURED CARDS on the market. Some are easier to qualify for than others.

1-CAPITAL ONE  http://www.capitalone.com/credit-cards/secured-mastercard/ (MASTERCARD)

APR: 22/9 VARIABLE. ANNUAL FEE (AF) 29$  SD (Security Deposit) $49-3,000

2-USBANK SECURED CARD https://www.usbank.com/credit-cards/compare.html?filter3=Cards+to+build+or+re-establish+credit (VISA)

APR  16.24-22.99% (based on card)  AF $0-$35 SD 300-5,000 This card gives a FREE monthly FAKO EXPERIAN SCORE HOWEVER NOT BANKRUPTCY FRIENDLY

3-Merrick Bank https://securedcard.merrickbank.com/ (VISA)

APR 17.45%  AF 36$ SD $200-3,000) This card gives a FREE FICO SCORE AND PERODIC CREDIT LINE INCREASES

4-Bank of America https://www.bankofamerica.com/credit-cards/products/secured-credit-card.go (VISA)

APR 20.24 AF $39 SD $300-4900  After 12 months, you may qualify to have your security deposit returned while you continue to use your card

5-NAVY FEDERAL CREDIT UNION https://www.navyfederal.org/products-services/cards/creditcards/nrewards-secured.php

APR 8.99. NO ANNUAL FEE. AND REQUIRED CREDIT CHECK

Must be a MILITARY MEMBERY OR HAVE RELATIVES/ASSOCIATED who are in the military to quality for this card

6-USAA SECURED CARD https://www.usaa.com/inet/pages/banking_credit_cards_secured_credit_card?akredirect=true

APR 9.9%  AF $35 SD 250-5000$ (WILL BE HELD IN A CD FOR 2 YEARS) Must be a full member to get this card.

7-STATE DEPARTMENT FEDERAL CU https://www.sdfcu.org/creditcards

APR 6.99 AF NONE DEPOSIT STARTING AT $250 OFFERS FLEX POINTS REWARDS/CARD DOES NOT GRADUATE

8-FIRST PROGRESS SECURED CARD https://www.firstprogress.com/

APR:11.99$ $44 SD 300-5000 (OTHER VERSIONS WITH OTHER FEES AVAILABLE)

9-WELL FARGO SECURED CARD https://www.wellsfargo.com/credit-cards/secured/

APR 18.99 AF $25 SD 300-10,000

10-CITI SECURED CARD  (MUST APPLY IN A BRANCH)

APR 18.24 AF $29 SECURITY DEPOSIT 300-5,000

11-OPEN SKY SECURED CARD https://www.openskycc.com/

APR 17.50 AF $29 SD 300-5,0000

12-PNC SECUREDD CARD (MUST APPLY IN BRANCH)

APR 18.99 AF 36$ DEPOSIT 250-2,000$ (Bankruptcy/INQ sensitive)

13-DCU SECURED CARD https://www.dcu.org/loans/visa-secured.html

APR 11.99% AF NONE SD MINIMUM 500$ (DEPOSIT EARNS INTEREST)

14-5th 3rd Bank Secured Mastercard https://www.53.com/personal-banking/credit-cards/secured-mastercard.html#tab-ratesAndFees

APR 23.99% AF 24$ SD 300-5,000 (Easy to qualify for but requires a savings account for the deposit)

THESE ARE THE MAIN CREDIT BUILDER CARDS OUT THERE. THERE ARE OTHER SECURED CARDS OFFERED THROUGH LOCAL CREDIT UNIONS. CHECK WITH YOUR LOCAL CREDIT UNION TO SEE WHAT THEY HAVE TO OFFER. 

[09Lexie]

Very nice! Thank you for posting this useful information.

[dobirdsmommy]

Unless Capital One has changed it, I only had to give 49.00 for my 200.00 secured credit card, not 99.

[StartingOver10]

What about the PNC secured card? Does anyone know about it?

[mongstradamus]

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@dobirdsmommy wrote:

Unless Capital One has changed it, I only had to give 49.00 for my 200.00 secured credit card, not 99.

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I can verify as of an month ago cap one secured, you can deposit 49 and get 200 CL. 

[Anonymous]

Thanks, I went ahead and updated the list to reflect that CAP1 security deposit. Howver I take it the 49$ is dependant on a through review of your credit history from all 3 bureaus.

I went ahead and added PNC to the list.

[Mryucky]

It depends on your credit (Cap 1 deposit) as I had to deposit $300 for $300 limit...

[cwwatts1202]

The capital 1 deposit varies by credit. My husband had to pay $99 for $200 CL last month.

[cwwatts1202]

Awesome post! BofA also offers a secured card with cash rewards. I think you have to specifically ask to apply for it in a branch though. It's not advertised.

[jfkg28]

Capital One told me a week ago that I had to put down 200 for 200 credit... but my real FICO score is 515

@dobirdsmommy wrote:

Unless Capital One has changed it, I only had to give 49.00 for my 200.00 secured credit card, not 99.

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