Secured Credit Cards

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A secured credit card is a great way to take advantage of the benefits of a traditional unsecured card while greatly reducing the risk of getting buried in credit card debt.

Applied Bank® Secured Visa® Gold Preferred® Credit Card

Credit Recommended:
Poor/Fair/Limited/Damaged
Apply Now
Applied Bank® Secured Visa® Gold Preferred® Credit Card
Apply Now on issuer’s secure website.
Credit Recommended:
Poor/Fair/Limited/Damaged
Regular APR
9.99% Fixed
Annual Fee
$48
Credit Line
$200 - $1,000
Apply Now on issuer’s secure website.
Credit Recommended
Poor/Fair/Limited/Damaged
Brand Name
Visa®
Security Deposit
$200 - $1,000

Highlights

  • Better than Prepaid...Go with a Secured Card! Load One Time - Keep On Using
  • Absolutely No Credit Check or Minimum Credit Score Required
  • Automatic Reporting to All Three National Credit Bureaus
  • 9.99% Low Fixed APR - Your Rate Won’t Go Up Even if You Are Late
  • Activate Today with a $200 Minimum Deposit - Maximum $1,000.
  • Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime
See additional details for Applied Bank® Secured Visa® Gold Preferred® Credit Card

Capital One Platinum Secured Credit Card

Credit Recommended:
Limited, Bad
Apply Now
Capital One Platinum Secured Credit Card
Apply Now on Capital One® secure website.
Credit Recommended:
Limited, Bad
Annual Fee
$0
Minimum Deposit
$49, $99 or $200
Fraud Coverage
You're covered by $0 Fraud Liability if your card is ever lost or stolen
Apply Now on Capital One® secure website.
Balance Transfer Fee
$0 at this Transfer APR
Foreign Trans Fee
None
Regular APR
29.99% (Variable)

Highlights

  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
  • Monitor your credit score with CreditWise from Capital One. It's free for everyone
  • Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
See additional details for Capital One Platinum Secured Credit Card

Self - Credit Builder Account + Secured Visa® Credit Card

Credit Recommended:
None/Poor
Get Started
Self - Credit Builder Account + Secured Visa® Credit Card
Get Started on Self's secure website.
Credit Recommended:
None/Poor
Primary Benefit
Build credit and savings at the same time.
Credit Check
No Credit Required
Products Offered
Credit Builder Account and Self Credit Card
Get Started on Self's secure website.
Credit Recommended
None/Poor
Loan Amount
See website for details*

Highlights

  • Make at least 3 monthly payments on time, have $100 or more in savings progress in your Credit Builder Account, and be in good standing. Then, you’ll be eligible for the Self Visa Credit Card*, without a hard credit check.
  • Build credit and savings at the same time.
  • Start with a Credit Builder Account* that reports monthly payments to all 3 major credit bureaus.
  • At the end of your plan, unlock the savings you built — minus interest and fees.
  • The Self Visa® Credit Card* is accepted at millions of locations in the U.S.
    *All Credit Builder Accounts made by Lead Bank, Member FDIC, Equal Housing Lender, Sunrise Banks, N.A. Member FDIC, Equal Housing Lender or SouthState Bank, N.A. Member FDIC, Equal Housing Lender. Subject to ID Verification. Individual borrowers must be a U.S. citizen or permanent resident and at least 18 years old. Valid bank account and Social Security Number are required. All loans are subject to consumer report review and approval. All Certificates of Deposit (CD) are deposited in Lead Bank, Member FDIC, Sunrise Banks, N.A., Member FDIC or SouthState Bank, N.A., Member FDIC. The Self Visa® Credit Card is issued by Lead Bank, Member FDIC, Equal Housing Lender or SouthState Bank, N.A., Member FDIC, Equal Housing Lender. Individual results will vary. Visit self.inc for more details.
See additional details for Self - Credit Builder Account + Secured Visa® Credit Card

OpenSky® Plus Secured Visa® Credit Card

Credit Recommended:
No credit, Poor, Fair
Apply Now
OpenSky® Plus Secured Visa® Credit Card
Apply Now on Capital Bank N.A. secure website.
Credit Recommended:
No credit, Poor, Fair
Regular APR
29.49% (variable)
Annual Fee
$0
Credit Line
$300-$3000 at time of application
Apply Now on Capital Bank N.A. secure website.
Credit Recommended
No credit, Poor, Fair
Late Payment Fee
Up to $40
Cash Advance APR
29.49% (variable)

Highlights

  • No annual fee
  • No credit check to apply. Find out instantly if you are approved- Zero credit risk to apply!
  • Looking to build or rebuild your credit? 2/3 of cardholders receive a 48+ point improvement after making 3 on-time payments
  • With an 87% average approval rate for the past 6 months, OpenSky gives everyone an opportunity to improve their credit
  • Get considered for an unsecured credit line increase after 6 months - no additional deposit
  • Monitor your credit progress with free access to your FICO Credit Score.
  • Reports to all 3 major credit bureaus monthly to establish and build credit history.
  • Secure your credit line with a refundable security deposit - as low as $300.
  • Easy application, apply in less than 5 minutes right from your mobile device
  • Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
  • Now you can make smaller partial payments towards funding your security deposit over 60 days
  • Over 1.2 Million Cardholders Have Used OpenSky Secured Credit Card To Improve Their Credit
See additional details for OpenSky® Plus Secured Visa® Credit Card

First Latitude Platinum Mastercard® Secured Credit Card

Credit Recommended:
Poor/Limited/No Credit
Apply Now
First Latitude Platinum Mastercard® Secured Credit Card
Apply Now on issuer’s secure website.
Credit Recommended:
Poor/Limited/No Credit
Rewards Rate
1% Cash Back
Annual Fee
$25 for the first year, after that $35 annually
Regular APR
24.24% (V)
Apply Now on issuer’s secure website.
Cash Advance APR
29.24% (V)
Credit Line
See website for Details*
Credit Recommended
Poor/Limited/No Credit

Highlights

  • Earn 1% Cash Back Rewards on payments made to your First Latitude Secured credit card account.
  • Building credit starts immediately when you open your account - just pay your bill on time to establish your credit.*
  • Reports to all 3 major credit bureaus
  • First Latitude is accepted wherever Mastercard® is accepted, online and worldwide!
  • Pay 6-months-on-time and apply to get a second credit card in your wallet!
    *Cardholders who keep their balance low and pay their credit card bill on time every month typically do see an increase in their credit score.
See additional details for First Latitude Platinum Mastercard® Secured Credit Card

OpenSky® Secured Visa® Credit Card

Credit Recommended:
Poor
Apply Now
OpenSky® Secured Visa® Credit Card
Apply Now on Capital Bank N.A. secure website.
Credit Recommended:
Poor
Regular APR
22.14% (variable)
Annual Fee
$35
Credit Line
$200-$3000 at time of application
Apply Now on Capital Bank N.A. secure website.
Credit Recommended
Poor
Cash Advance APR
22.14% (variable)
Late Payment Fee
Up to $38

Highlights

  • No credit check to apply and find out instantly if you are approved
  • OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
  • Get considered for a credit line increase after 6 months, with no additional deposit required
  • You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
  • Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
  • View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
  • Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months
  • Your refundable* deposit, as low as $200, becomes your OpenSky Visa credit limit
  • Easy application, apply in less than 5 minutes right from your mobile device
  • Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
  • *View the cardholder agreement
See additional details for OpenSky® Secured Visa® Credit Card

PREMIER Bankcard® Secured Credit Card

Credit Recommended:
Bad/Limited/No Credit
Apply Now
PREMIER Bankcard® Secured Credit Card
Apply Now on PREMIER Bankcard® secure website.
Credit Recommended:
Bad/Limited/No Credit
Regular APR
See Provider Website
Annual Fee
See Provider Website
Credit Line
See Provider Website
Apply Now on PREMIER Bankcard® secure website.
Credit Recommended
Bad/Limited/No Credit

Highlights

  • There’s no checking account required.
  • When you need assistance, our award-winning, U.S.-based Customer Service representatives are there to help.
  • After six months of responsible secured card use you may be eligible† to apply for an unsecured PREMIER Bankcard® Mastercard®.
  • †PREMIER Bankcard® Mastercard® available upon invitation after you’ve been with us for six months and have kept your account in good standing (on-time payments and staying within credit limit).
  • If approved, make your first six monthly minimum payments on time and we may send you an offer to apply for an unsecured credit card. Some restrictions apply. ‡
  • ‡ If you apply for the second account, which is unsecured, you will be approved if you can demonstrate the ability to pay your bills, meet our minimum income requirements, do not reside in New York or Wisconsin and are not covered under the Military Lending Act.
See additional details for PREMIER Bankcard® Secured Credit Card

Merrick Bank Double Your Line® Secured Credit Card

Credit Recommended:
See website for Details
Apply Now
Merrick Bank Double Your Line® Secured Credit Card
Apply Now on Merrick Bank secure website.
Credit Recommended:
See website for Details
Credit Line
$200, which doubles to $400 if you qualify
Regular APR
22.45% Variable
Cash Advance APR
27.45% Variable
Apply Now on Merrick Bank secure website.
Annual Fee
$36 the first year. Billed $3 per month thereafter
Minimum Deposit
$200
Late Payment Fee
Up to $40

Highlights

  • Put down $200, which becomes your credit line. Then, if you qualify, double your credit line to $400 without making another deposit.
  • Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open
  • Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
  • Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
  • Get your FICO® Credit Score for free each month.
  • Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.
See additional details for Merrick Bank Double Your Line® Secured Credit Card

Merrick Bank Secured Credit Card

Credit Recommended:
See website for Details*
Apply Now
Merrick Bank Secured Credit Card
Apply Now on Merrick Bank secure website.
Credit Recommended:
See website for Details*
Credit Line
$200-$3,000, depending on deposit amount
Regular APR
22.45% Variable
Cash Advance APR
27.45% Variable
Apply Now on Merrick Bank secure website.
Minimum Deposit
$200
Annual Fee
$36 for first year. Billed $3 per month thereafter
Cash Advance Fee
4% Min: $10

Highlights

  • Choose your own credit line based on how much money you want to put down as a security deposit.
  • Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
  • After 9 months, we review your account for a credit line increase. No additional deposit required!
  • Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
  • Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
  • Get your FICO® Credit Score for free each month.
  • Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.
See additional details for Merrick Bank Secured Credit Card

*See online credit card application for details on the terms and conditions.

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Advertiser Disclosure

CreditSoup is an independent, advertising-supported comparison service. The offers that appear on this site are from companies from which CreditSoup receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditSoup does not include all companies or all offers available in the marketplace. CreditSoup may use other proprietary factors to impact offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

Editor’s Rating

Our editors review each credit card and provide our ratings based on the features the credit card offers consumers including the fees, interest rates, benefits, rewards, and how it compares to other credit cards in its category. Card ratings may vary by category as the same card may receive a different rating based on that category.

CreditSoup.com may be compensated by companies mentioned on our site when a consumer’s application is accepted or approved by the company.

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