Secured Credit Cards

Secured credit cards are an easy way to build your credit from scratch or rebuild from a low credit score. Choose a card that reports your activity to all the major credit bureaus, if your main goal is to build credit. Walletero’s recommended cards below report to all three major credit agencies.

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Our Picks

Citi® Secured Mastercard®

  Recommended
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Minimum Deposit
$200
Min. Deposit
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  • Annual Fee : $0 Annual Fee
  • Regular APR : 22.49% Variable APR

Additional Information

  • No annual fee.
  • Purchase APR of 22.49% variable APR.*
  • If you are approved for the card, provide a security deposit for the amount of your credit limit, between $200-$2,500.
  • Your security deposit will be equal to the amount of your credit limit. This security deposit will be held in a collateral account.
  • Purchase Protection: $0 Liability on Unauthorized Charges - You're completely protected against unauthorized charges on your account.

Capital One® Secured Mastercard®

  Recommended
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Minimum Deposit
$49
Min. Deposit
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  • Annual Fee : $0 Annual Fee
  • Regular APR : 26.99% Variable APR

Additional Information

  • No annual fee.
  • Purchase Rate 26.99% variable APR.
  • $49, $99 or $200 refundable security deposit based on your creditworthiness.
  • Get access to a higher credit line after making your first 5 monthly payments on time.
  • Pick your own monthly due date and payment method—check, online or at a local branch.
  • Make the minimum required security deposit and you'll get an initial credit line of $200. Deposit more money before your account opens to get a higher credit line.
  • Getting started is easy: (1) Complete and submit your application for a Secured Mastercard from Capital One; (2) Upon approval of your application, you’ll be notified of the security deposit amount required for your account; (3) Make your security deposit, and receive your card in 2–3 weeks.

Don't Miss

$0 Annual Fee
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Discover it® Secured

22.99%
Variable APR

Apply Now
$0 Annual Fee
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BankAmericard® Secured Credit Card

22.99%
Variable APR

Apply Now
$0 Annual Fee
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U.S. Bank Secured Visa® Card

25.99%
Variable APR

Apply Now

Citi® Secured Mastercard®

walletero
$200
Min. Deposit
Read more
  • Annual Fee : $0 Annual Fee
  • Regular APR : 22.49% Variable APR

Additional Information

  • No annual fee.
  • Purchase APR of 22.49% variable APR.*
  • If you are approved for the card, provide a security deposit for the amount of your credit limit, between $200-$2,500.
  • Your security deposit will be equal to the amount of your credit limit. This security deposit will be held in a collateral account.
  • Purchase Protection: $0 Liability on Unauthorized Charges - You're completely protected against unauthorized charges on your account.

Capital One® Secured Mastercard®

walletero
$49
Min. Deposit
Read more
  • Annual Fee : $0 Annual Fee
  • Regular APR : 26.99% Variable APR

Additional Information

  • No annual fee.
  • Purchase Rate 26.99% variable APR.
  • $49, $99 or $200 refundable security deposit based on your creditworthiness.
  • Get access to a higher credit line after making your first 5 monthly payments on time.
  • Pick your own monthly due date and payment method—check, online or at a local branch.
  • Make the minimum required security deposit and you'll get an initial credit line of $200. Deposit more money before your account opens to get a higher credit line.
  • Getting started is easy: (1) Complete and submit your application for a Secured Mastercard from Capital One; (2) Upon approval of your application, you’ll be notified of the security deposit amount required for your account; (3) Make your security deposit, and receive your card in 2–3 weeks.

Discover it® Secured

walletero
$200
Min. Deposit
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  • Annual Fee : $0 Annual Fee
  • Regular APR : 22.99% Variable APR

Additional Information

  • No annual fee.
  • Standard variable purchase APR: 22.99%
  • Your secured credit card requires a refundable security deposit of at least $200. You choose the deposit amount up to the credit line approved.
  • If approved, secure your line with an equal security deposit. That means a $200 deposit for a $200 credit line. Or a $500 deposit for a $500 credit line.*
  • Earn 2% Cash back at restaurants or gas stations on up to $1,000 in combined purchases each quarter.* Plus earn unlimited 1% cash back on all other credit card purchases - automatically.
  • Get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
  • Get your FICO® Credit Score for free: Easily view your FICO® Credit Score on monthly statements, mobile and online for free.*

BankAmericard® Secured Credit Card

walletero
$300
Min. Deposit
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  • Annual Fee : $0 Annual Fee
  • Regular APR : 22.99% Variable APR

Additional Information

  • No annual fee.
  • Standard purchase APR of 22.99% variable APR.
  • A minimum refundable security deposit of $300 (maximum of $4,900) is required to open this account. Your maximum credit limit will be determined by the amount of the security deposit you provide, your income and your ability to pay the credit line established.
  • You can access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking.
  • Bank of America will periodically review your account and, based on your overall credit history (including your account with them and other credit cards and loans), you may qualify to have your security deposit returned. Not all customers will qualify.
  • You always get a $0 Liability Guarantee for fraudulent transactions.*

OpenSky® Secured Visa® Credit Card

walletero
$200
Min. Deposit
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  • Annual Fee : $35 Annual Fee
  • Regular APR : 17.39% Variable APR

Additional Information

  • Annual fee: $35.
  • Annual Percentage Rate (APR) for Purchases: 18.89%
  • You choose your credit limit, as low as $200, linked to your security deposit.
  • OpenSky® doesn’t pull your credit — there is no credit check. You can get approved for their OpenSky® Secured Visa® Credit Card whether you have poor credit or no credit.
  • The card is designed to help build credit history with its monthly reporting to all three major credit bureaus.
  • OpenSky doesn’t require a checking account to apply.

U.S. Bank Secured Visa® Card

walletero
$300
Min. Deposit
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  • Annual Fee : $0 Annual Fee
  • Regular APR : 25.99% Variable APR

Additional Information

  • Annual fee of $29.
  • Annual Percentage Rate (APR) for Purchases: 25.99% variable APR.
  • To fund your U.S. Bank Secured Visa Card online, use your own checking or savings account or print an application and mail a cashier's check or money order deposit ($300 minimum and $5,000 maximum).
  • The deposit is used to open a U.S. Bank secured savings account to ensure your card can be paid.
  • Payments are not automatically deducted from your secured savings account. You're responsible for making at least your minimum payment by the monthly due date.

Indigo® Platinum Mastercard®

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$0
Min. Deposit
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  • Annual Fee : $0 - $99 Annual Fee
  • Regular APR : 24.90% Variable APR

Additional Information

  • Annual fee: $0 - $99 depending on your credit profile.
  • Standard purchase APR: 24.9%
  • The Indigo® Platinum Mastercard® does not require a security deposit.
  • Pre-qualify online with a 60 second decision. Pre-qualification does not impact your credit score.
  • Your responsible use of the card is reported to all three major credit bureaus and gives you the chance to establish a consistent payment record while enjoying the convenience of a credit card.
  • The credit limit for an Indigo Platinum Mastercard is $300.

Milestone® Gold Mastercard®

$0
Min. Deposit
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  • Annual Fee : $35 - $99 Annual Fee
  • Regular APR : 24.90% Variable APR

Additional Information

  • Annual fee: $35 - $99 depending on your credit profile.
  • Standard purchase APR: 24.9%
  • The Milestone® Gold Mastercard® does not require a security deposit.
  • Quick and easy Pre-Qualification Available - No Impact to Your Credit Score.
  • Your responsible use of your Milestone Gold Mastercard may help strengthen your credit score as Miilestone reports to the three major credit bureaus in the US.
  • Your credit line will be determined once your application has been reviewed and approved. The credit line for the Milestone Gold Mastercard is $300. See the Terms and Conditions for additional disclosures.