If you’re looking for a low minimum deposit, consider getting the Capital One Guaranteed Secured Mastercard offers a minimum deposit amount of just $75, with a credit limit of $2,500. Our guide to secured credit cards with low deposits 7 tips to help you save for your secured credit ...
The best secured credit cards help you build credit and also have no annual fees and low APRs. Check out our picks.
The Capital One Secured card is good for those who are okay with a lower credit limit. Annual fee$0 APR29.74% Variable Security deposit$49, $99 or $200 View offer at Creditcards.com Our take:Users can raise their initial credit line by depositing more than the minimum amount, but only...
Discover Cards with no deposit required Before you apply, see what Discover offers you could be pre-approved for with no harm to your credit score19 Find Out if I'm Pre-Approved Learn more about secured credit cards What is a Secured Credit Card? > Denied for credit cards or loans...
Some secured cards, such as the Capital One Platinum Secured Credit Card, may offer a higher credit limit (with no additional deposit required) after you make the first five monthly payments on time, which is also a great incentive to practice responsible credit behavior. You will incur interes...
A secured card requires a cash deposit. The deposit reduces the risk to the issuer, making these cards an option for people with bad credit. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this doe...
Secured credit cards provide cardholders with a small line of credit in exchange for a refundable deposit that is put down as collateral. If you have poor credit or no credit at all, lenders see you as a liability because you have no credit history to prove what kind of borrower you are...
Compare Secured Credit Cards from the best US credit card companies of 2025. Online applications for secured credit cards at CreditLand.
Security deposits: As mentioned, you don’t have to provide collateral to open an unsecured credit card. But if you open a secured credit card, you’ll have to put down a security deposit with the issuing bank. Credit limit: With unsecured credit cards, the size of your credit limit de...
On the other hand, secured credit cards can be great for borrowers looking to improve their credit scores. Secured credit cards are aimed at people with poor or minimal credit history—those with trouble qualifying for a regular credit card. The deposit they put up compensates the card company...