SECURED CREDIT CARDS

Secured credit cards are similar to prepaid credit cards in that the funds you are using are actually yours and not the issuer of the credit card. Card holders are required to deposit a sum of money in a bank account to be used as cash collateral to secure the line of credit. Some banks allow customers to charge up to 100% of the amount of cash they deposited into their accounts. Make sure to compare secured credit cards because they all charge an annual fee which varies from bank to bank.

 
   Build Credit with Secured Credit Cards
New Millennium Bank Secured Platinum Visa® or Mastercard®


Apply now for: New Millennium Bank Secured Platinum Visa® or Mastercard®

A Platinum card can be yours for the taking. New Millennium Bank can approve you for up to $10,000** in secured credit regardless of your income or credit history. Choose a Visa or MasterCard.

  • Reports to ALL 3 Bureaus
  • No Credit Check
  • Be Approved Regardless of Credit History
  • Special High Introductory Savings Rate
  • Bonus $3,000 credit line with My Computer Club

* Terms and conditions apply

Intro APR Intro APR Period Regular APR Annual Fee Balance Transfers Credit Needed
N/A N/A 19.50% $59.00 No Bad

New Millennium Bank Secured Gold Visa® or Mastercard®


Apply now for: New Millennium Bank Secured Gold Visa® or Mastercard®

New Millennium Bank is now offering secured Gold Visa® and Gold MasterCard® credit cards for those individuals wishing to establish or repair their credit. With credit lines secured by their savings account in amounts between $300.00 and $5,000.00, these cards can be used just as you would any credit card at over 10 million establishments worldwide. People CAN apply to get both cards and they can even add a co-applicant name and get additional cards.

  • Approved regardless of credit history
  • Credit limits up to $10,000*
  • Reports to all 3 bureaus
  • Get cash at over 740,000 ATMs
  • No credit check

* Terms and conditions apply
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfers Credit Needed
N/A N/A 19.50% $59.00 No Bad

New Millennium Bank Secured Black Diamond Visa® or Mastercard®


Apply now for: New Millennium Bank Secured Black Diamond Visa® or Mastercard®

New Millennium Bank is now offering secured Black Diamond Visa® and MasterCard® credit cards for those individuals with less than perfect credit. With credit lines secured by their savings account in amounts between $300.00 and $5,000.00, these cards can be used just as you would any credit card at over 10 million establishments worldwide. People CAN apply to get both cards and they can even add a co-applicant name and get additional cards.

  • Approved regardless of credit history
  • Credit limits up to $10,000*
  • Reports to all 3 bureaus
  • Get cash at over 740,000 ATMs
  • No credit check

*Terms and conditions apply
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfers Credit Needed
N/A N/A 19.50% $59.00 No Bad

Applied Bank® Secured Visa® Gold Credit Card


Apply now for: Applied Bank® Secured Visa® Gold Credit Card

Apply here for your genuine Secured Visa® Credit Card.

  • 9.99% Low Fixed APR - Rate Won't Change Even If You're Late!
  • CHOOSE Your Credit Limit Up To $5000*
  • $0 Fraud Liability
  • NO Credit Requirements
  • NO Income Requirements
  • ACCEPTED at 27 Million Locations Worldwide and Online

*Minimum $200 deposit required. Your credit limit will be equal to the amount of your deposit.
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfers Credit Needed
N/A N/A 9.99% $50.00 No Bad

Applied Bank® Secured Visa® Credit Card


Apply now for: Applied Bank® Secured Visa® Credit Card

Apply here for your genuine Secured Visa® Credit Card.

  • 9.99% Low Fixed APR - Rate Won't Change Even If You're Late!
  • CHOOSE Your Credit Limit Up To $5,000*
  • $0 Fraud Liability
  • NO Credit Requirements
  • NO Income Requirements
  • ACCEPTED Worldwide at Millions of Locations
  • CREDIT Bureau Reporting

*Minimum $200 deposit required. Your credit limit will be equal to the amount of your deposit.
Intro APR Intro APR Period Regular APR Annual Fee Balance Transfers Credit Needed
N/A N/A 9.99% $50.00 No Bad

Secured Credit Cards

Secured Credit Cards are similar to prepaid credit cards because the funds you are using are yours and not that of the banks or card issuers of the secured credit cards. Generally people who apply for secured credit cards or prepaid credit cards are people with poor credit.

Secured credit cards require that the card holder maintains a security deposit or collateral which ensures payment of the outstanding balance if card holders defaults on payments. Secured credit cards are beneficial because it gives you an opportunity to rebuild your credit while making purchases like a standard credit card.

Make sure that the company issuing secured credit cards routinely reports customers payment history to the main credit bureaus namely Experian, Equifax and Trans Union. Reporting to the credit bureaus will rebuild your credit history over time.

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