Secured credit cards are popular among individuals who either have a poor credit score or no credit at all. These cards do not have equal high end features and benefits as compared to the unsecured credit cards, they are a good way to build credit from scratch.

Using secured credit card will ask you to first give a cash collateral deposit to serve as your credit line. If you are clearing your bills on time then you can build your credit line pretty quickly. These cards have the following benefits:

  • Online Account Management
  • They Report to all three Credit Bureaus
  • Provide a chance to increase your credit line

A secured credit card can definitely help you build your credit. Make use of our exclusive Compare Tool and compare the cards listed on the page to identify the best one serving your needs.

First PREMIER® Bank Secured Credit Card

(1 customer review)

Annual Fee

See Terms*

BT Intro APR

N/A*

Purchase Intro APR

N/A*

Regular APR

See Terms*

Credit Needed

Poor, Average

Rewards

N/A*

  • Only you can rebuild your credit. A First PREMIER Bank Credit Card can be one tool to help in your journey. Make your payments on time each month, and keep your balance low relative to the credit limit, for positive marks on your credit report each month.
  • 24-hour online access, set up account alerts, and schedule automatic payments!
  • Quarterly FICO score is provided for free on the monthly billing statement.
  • Zero fraud liability protects you from unauthorized charges. Restrictions apply.
  • Security Deposits are placed in an FDIC-insured account
  • If approved, fund your Security Deposit to open your account.  Once open, you will have the opportunity to build your credit limit up to $5,000.
  • If approved, your First PREMIER Bank credit card account is reported to the Consumer Reporting Agencies each month.
  • Application response in as little as 30 seconds.
  • Issuing credit cards since 1989.
  • Join millions of First PREMIER Bank credit cardholders.  Apply now!

Apply Now

Merrick Bank Secured Visa® from Merrick Bank

(1 customer review)

Annual Fee

$36 for first year. Billed $3 per month thereafter

BT Intro APR

N/A*

Purchase Intro APR

N/A*

Regular APR

18.95% Variable

Credit Needed

Fair, Average

Rewards

None

  • Unsecured credit line increases – After the first year, your account will be regularly reviewed for credit line increases with no additional security deposit required.
  • Monthly FICO® Score for free – get your updated FICO® Score each month when it is provided to us from the credit bureau.
  • Build your credit – performance is reported to all three major credit bureaus, unlike a prepaid card.
  • Flexible credit line – the amount of your deposit determines your initial credit line – up to $3,000 and increase your credit line anytime with additional deposits.
  • Easy funding options – several convenient options to easily fund your security deposit.
  • Worldwide acceptance – use it anywhere Visa is accepted.
  • Quick, easy application – apply online today!

Apply Now