How To Set Up Credit Card Pin

A secured credit card can be a helpful tool if yous're trying to build or repair your personal credit contour. Y'all put down a refundable deposit — which becomes your spending limit — on a secured bill of fare and utilize it merely like a credit card, repaying your remainder at regular intervals. If you're interested in using this type of credit, learn more about the 10 best secured credit cards.

Capital 1 Secured Mastercard

If you lot oasis't worked much to build up your credit profile yet, this card may exist ideal for you, notes NerdWallet. However, if you take very poor credit due to a bankruptcy or like reason, you lot might not get approved.

Discover it Secured

Unlike many other secured cards, this Discover information technology bill of fare offers cash back rewards equally an added perk. According to CreditCards.com, you can get ii percent back on gas and eating place purchases and one percentage back on everything else.

OpenSky Secured Visa

Both NerdWallet and CreditCards.com praise the OpenSky Secured Visa because applicants don't demand to accept banking company aCC0unts or undergo credit checks to go blessing for the card. Keep in mind that there's a low annual fee you lot'll demand to pay.

First Progress Platinum Elite Mastercard Secured

This is some other neat option for users who are starting out with little to no credit history. Although it isn't available nationwide nonetheless, the Get-go Progress Platinum Elite Mastercard helps yous build credit quickly by reporting to all iii credit bureaus each month.

DCU Visa Platinum Secured

There are accessible secured cards out there if you have no credit, simply what about if you take poor credit? This DCU Visa comes recommended by NerdWallet because yous may qualify even if your credit is bad. And, this card boasts low interest rates with no annual fees.

Light-green Dot primor Mastercard Golden Secured

Another favorite amidst both CreditCards.com and NerdWallet editors, the Greenish Dot primor boasts a surprisingly low interest rate, which helps to offset its annual fee. As of 2022, you also won't incur a penalty for late payments.

First PREMIER Banking concern Secured Credit Card

If you accept no credit whatsoever, don't worry. This card doesn't crave any credit history when you apply, and it besides offers fraud protection.

Citi Secured Mastercard

This is NerdWallet'south top pick for users who have thin credit profiles. While its interest rate isn't the lowest, information technology has no annual fee and doesn't require a large upfront eolith.

The Secured Visa From Merrick Bank

This enticing menu offers a perk that many other secured cards don't. Every year, the company regularly reviews your credit profile and may grant you credit line increases without the demand to match those funds past depositing more than secured money.

UNITY Visa Secured Credit Card

With a low introductory interest rate and no application fees or late-payment penalties, this UNITY bill of fare can be ideal as you proceeds your footing using and paying off a credit carte. Keep in mind that information technology does have an annual fee, withal.