Secured Credit Cards for Bad Credit
Secured credit card applications are assessed using a credit report, but bad credit is acceptable. Secured cards are credit cards that require a security deposit prior to opening the account. The amount of security deposit usually determines the amount of credit line you will receive. The security deposit is returned to the account holder once the account is closed either by the account holder or the card issuer.
There are two main benefits to these types of cards: 1) You have the ability to establish or rebuild your credit. 2) You can earn interest on your security deposit.
NMB Secured Platinum Visa® or MasterCard®
- No credit check
- Approved regardless of income or credit history
- Credit limits up to $10,000*
- Rebuild credit - Reports to all 3 bureaus
- Get cash at over 740,000 ATMs
- Emergency cash transfers
- Auto rental insurance
- $100,000 travel accident insurance
- Extended warranty protection
- Special high introductory savings rate
New Millennium Bank Secured Gold Visa® or MasterCard®
- No CREDIT CHECK
- Approved REGARDLESS OF CREDIT HISTORY
- Credit limits UP TO $10,000
- Reports to ALL 3 BUREAUS
Applied Bank Secured Visa®
- 9.99% Low Fixed APR - Rate Won't Change Even If You're Late!
- CHOOSE Your Credit Limit Up To $5,000*
- NO Credit Requirements and NO Income Requirements
- REPORTS to 3 Major Credit Bureaus