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

17.45% Variable

Credit Needed

See website for Details*

Rewards

None

  • Choose your own credit line based on how much money you want to put down as a security deposit.
  • Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
  • After 9 months, we review your account for a credit line increase. No additional deposit required!
  • Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
  • Unlike a debit card or a pre-paid card, it helps build your credit history. As you pay your bill every month, we report to all three major credit-reporting agencies.
  • Get 100% U.S.-based customer service & get your FICO® Credit Score for free each month.
  • Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.

Apply Now