Why secured?  What is Secured Credit Card?

If you're new to the world of credit or want to start building a good credit history, a secured card is perfect for you. And, if you've had credit problems in the past, the Secured Visa Card can put you on the road to rebuilding your credit history.

A secured card looks and acts the same as any credit card and provides you with the same features, conveniences, and flexibility. Even if you have been turned down before, you can enjoy the benefits and security of carrying a Visa or MasterCard credit card for: Shopping, Car Rentals, Identification, Airline Tickets, Emergencies, Cash Advances, Lodging Reservations, and so much more. You can use it to pay in situations where cash or checks aren't accepted, like renting a car, making reservations, or buying plane tickets over the phone.

How does it work?

To get a Secured Visa Card, you'll need to open a savings or CD account in your name and deposit an amount of money to serve as security for the card. The money you deposit will earn interest, but must remain in your account while you are using the card. The amount of your deposit, credit line, and the fees you pay for the Secured Visa Card are determined by the financial institution that gives it to you. Eventually, as you build a good credit history over time, your card issuer may increase your credit line.

How can I get a Secured Visa Card?

Each of the financial institutions around the world that issues Visa Secured cards has its own criteria for card issuance. We maintain the most complete listing of issuers to help you in selection process.

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