8 smart Secured Credit Cards

The best-secured credit cards offer a variety of benefits for cardholders from low-security deposits to rewards and even the ability to have a five-figure credit limit.  This credit card is a great option for those who have trouble getting approved for a credit card because of previous credit mistakes or lack of credit history.8 smart Secured Credit Cards

Discover it Secured is the Best Rewards | smart Secured Credit Cards.

The Discover it Secured Credit Card offers cardholders 2% cash back at restaurants or gas stations on up to $1,000 in combined purchases each quarter. In addition, cardholders will earn 1% cash back on all your other purchases.  Make a minimum $200 security deposit to open your credit card. (The maximum security deposit is $2,500). From the eight months then Discover will review your account history to determine whether you can receive a refund of your security deposit and keep your credit limit.

Minimum Credit Required is  Poor

Annual Fee is  $0

Intro APR is  10.99% for six months from the date of transfer

 

Ongoing APR is  25.24% variable

Balance Transfer Fee is  3% of the transfer amount that posts to your account, 5% of the transfer amount after that.

Cash Advance Fee is  $10 or 5%

smart Secured Credit Cards

Discover it Secured Credit Card to Build Credit History

https://www.discover.com › Credit Cards

Build your credit history and apply for the Discover it Secured credit card, a secured credit card featuring no annual fee and cashback rewards.

Best Secured Credit Cards of 2022 | SmartAsset.com

https://smartasset.com › credit-cards › best-secured-cred…

We rigorously evaluated more than 100 cards to choose our best-secured credit cards of 2018. Our list will help you choose the best-secured card!

Best Secured Credit Cards Of 2022 – Level Up Your Credit

https://www.moneyunder30.com › Credit Card

Here’s a closer look at what secured credit cards are all about, what the benefits are, and we’ll even delve into the best-secured credit cards of 2022 to give …

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3 Best Secured Business Credit Cards: $0 Annual Fee

https://wallethub.com › credit-cards › business-secured

Compare secured business credit cards from VISA & Mastercard. … Overall: Wells Fargo Business Secured Credit Card … Romans 13:8.

Capital One Secured MasterCard is the Lowest Security Deposit | smart Secured Credit Cards

Capital One Secured MasterCard allows cardholders to pay a security deposit of $49, $99 or $200 for a refundable $200 security deposit which is based on your credit standing. Making quick payments matters. The Minimum Credit Required is  Poor

Annual Fee is $0

Ongoing APR is  26.99% variable

Signup bonus: None offered

OpenSky Secured Credit Card is the Best No Credit Check | smart Secured Credit Cards

The OpenSky Secured Credit card doesn’t require a credit check. Make a security deposit of from $200 to $3,000 for a credit limit of the same amount and get varieties to make a security deposit even if you don’t have a checking account. You can make the deposit via debit card, wire transfer to Capital Bank, Western Union, or by mailing a check or money order.

Annual Fee is $35

Ongoing APR is  19.64% variable

Cash Advance Fee is  $6 or 5%

Foreign Purchase Transaction Fee is  3%

Wells Fargo Secured Credit Card has the Best card for High Credit Limit

The minimum security deposit is $300. Subsequently, cardholders can become eligible to upgrade to an unsecured credit card if they manage their account well. Wells Fargo Secured Credit Card offers cardholders the ways to which other Visa gains such as auto rental collision damage waiver, travel, and emergency assistance services, and cell phone protection. With Wells Fargo Secured credit card also cardholders are entitled to deposit up to $10,000 for a $10,000 credit limit. The Minimum Credit Required is  Poor

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Annual Fee is  $25

Ongoing APR is 21.24% variable

Balance Transfer Fee is  $5 or 5%

Cash Advance Fee is $10 or 5%

Foreign Purchase Transaction Fee is  3%

Navy Federal nRewards Secured Credit Card has the Best card for Military

The Navy Federal nRewards Secured Credit Card offers point for every dollar you spend.your points can be Redeemed for gift cards, merchandise, statement credit or cash back. Make a deposit of at least $500 into a qualifying Navy Federal account to apply for the nRewards Secured Credit Card.

Ongoing APR is 18% variable

Cash Advance Fee is  None if performed at a Navy Federal branch or ATM, otherwise up to $1.00

No Signup Bonus offered

First National Bank Secured Visa Card has the Bestcard for Upgrading

With the First National Bank Secured Visa Card, cardholders will qualify for a credit increase in as little as seven months if you make all your monthly payments on time. And also qualify to receive your security deposit back in as little as 11 months if you maintain a good credit history. Open your account with a security deposit between $300 and $5,000. The new cardholder will receive a free FICO score each month with your monthly billing statement.

Minimum Credit Required: Any

No Annual Fee

No Intro APR offered

Ongoing APR is  20.24% variable

Balance Transfer Fee is  $10 or 5%

Cash Advance Fee is $10 or 5%

Foreign Purchase Transaction Fee is 3%

No Signup Bonus offered

Wells Fargo Business Secured has the Best for Small Businesses

New cardholders can earn unlimited 1.5% cash back on credit card purchases. Obtain a credit limit between $500 to $25,000 depending on your security deposit.

Minimum Credit Required: Any

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Annual Fee is $25 per card

Ongoing APR: Prime + 11.90% on purchases

The Balance Transfer Fee is Disclosed on approval

Cash Advance Fee: Disclosed on approval

Foreign Purchase Transaction Fee: None

No Signup Bonus offered

State Department Federal Credit Union Savings Secured Visa has the Best cardsfor Interest Rate

if you’re a current member of the State Department Federal Credit Union Savings Secured Platinum Visa, there’s no income verification and there’s no credit check.  You will be enrolled in the Flexpoints rewards program which allows you to earn 1 point for every dollar you spend on your credit card. You can become a member by joining the American Credit Union for $8.00.

There is no Minimum Credit Required

No Annual Fee

Ongoing APR is 14.24% variable

Cash Advance Fee is Free at the teller, $3 at the ATM

Citi Secured Mastercard has the Best for Limited Credit

The Citi Secured MasterCard is issued by Citi. You can set up a security deposit between $200 also $2,500 at the time you make an application. The deposit made will be kept in a collateral holding account for 18 months.

The Minimum Credit Required is Poor

Annual Fee is $0

Ongoing APR is 24.74% variable

Balance Transfer Fee is $5 or 3%

Cash Advance Fee is $10 or 5%

Foreign Purchase Transaction Fee is 3%

No Signup bonus

About Chris Git

I am an SEO person with over five years of experience. I am mostly into product lunch and review. I feed on tech, Dring Tech, and Dream tech. My hobby is knowing how everything works. You are welcome to my world of content development and product review at http://logingit.com/ I am also a financial analyst with an organization. It has been my sincere interest to help people solve their issues on credit cards. There are lots of questions in the mind of many credit card users. These range from which credit card is best? How many credit cards should I have?

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