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Secured Credit Cards
Secured credit cards are issued to people with bad or no credit. In order to use a secured card, you must first deposit money into your card's account. Only then will you be able to spend with the card. The credit card companies see this as a means to protect themselves from high-risk customers. In turn, customers use secured cards to repair their credit scores and to purchase things that otherwise wouldn't be available to them without a credit card. Making a hotel reservation, for instance, requires a major credit card number.
Credit Panda's Recommended Credit Card
Credit Panda recommends Platinum Zero® Secured Visa® Credit Card from Applied Bank® as our favorite Secured credit card.
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- ZERO - 0% Rate Won’t Change - Even If You’re Late!
- ZERO - 0% FIXED APR on Purchases - No Intro Rates!
- ZERO Worries - FREE Personal ID Theft Protection
- ZERO Application Fees
- ZERO Delays - Timely CREDIT Bureau Reporting
- Apply now at the the card issuer's website.
| Intro APR | Regular APR | Annual Fee | Credit Needed |
| No Introductory Rate Available | 0% Fixed | $0 | Very Good |
Applied Bank® Secured Visa® Credit Card
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- Choose Your Credit Limit - From $200 up to $500
- 12.99% Low Fixed APR - Rate Won\'t Change Even If You\'re Late!
- Genuine Visa Credit Card - Not a Pre Paid or Debit Card
- Monthly Credit Bureau Reporting
- Accepted Worldwide at Millions of Locations
- Apply now at the the card issuer's website.
Intro APR
Regular APR
Annual Fee
Credit Needed
No Introductory Rate Available
12.99% Fixed
$50
None
Public Savings Bank Classic Secured VISA Card
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- 0% APR on All Purchases for the First 6 Months
- Build Credit History - We Report to All 3 Major Credit Bureaus
- No Credit Check
- No Annual Fees or Monthly Maintenance Fees
- No Checking Account Required
- Apply now at the the card issuer's website.
Intro APR
Regular APR
Annual Fee
Credit Needed
0% APR for 6 Months
11.24% Variable
$0
None
- Choose Your Credit Limit - From $200 up to $500
- 12.99% Low Fixed APR - Rate Won\'t Change Even If You\'re Late!
- Genuine Visa Credit Card - Not a Pre Paid or Debit Card
- Monthly Credit Bureau Reporting
- Accepted Worldwide at Millions of Locations
- Apply now at the the card issuer's website.
| Intro APR | Regular APR | Annual Fee | Credit Needed |
| No Introductory Rate Available | 12.99% Fixed | $50 | None |
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- 0% APR on All Purchases for the First 6 Months
- Build Credit History - We Report to All 3 Major Credit Bureaus
- No Credit Check
- No Annual Fees or Monthly Maintenance Fees
- No Checking Account Required
- Apply now at the the card issuer's website.
| Intro APR | Regular APR | Annual Fee | Credit Needed |
| 0% APR for 6 Months | 11.24% Variable | $0 | None |
