dcsimg
Comparing credit card offers since 2005 - it's fast and easy! Search, Compare and Apply for the best credit card deals now


The Best Secured Credit Cards from Our Partners

Editors Rating: 4.5/5

Secured Credit Cards are credit cards for bad credit that require a deposit for approval. Most cards listed report to credit reporting agencies, which may potentially help you establish credit.

Credit cards have been demonized over the past few years, but a credit card is often necessary for a healthy financial life. If you are just starting out with credit or need to rebuild it after a financial failure, you should begin with a secured credit card for 2015.

What is a Secured Credit Card?

Secured Credit Card Definition:  A secured credit card is a credit card for those with limited or bad credit histories. You deposit a certain amount of money with the issuing bank, usually $300 to $500, and that becomes your line of credit. The deposit is your collateral, or security, for the credit card.

Show the bank you can handle credit

In time, you'll be able to add more to the deposit so that you can increase your credit line. If you manage your credit very responsibly, a bank may reward you with a greater credit line without asking you for a larger deposit.

Read More
Update
Apply online forOpenSky® Secured Visa® Credit Card
Apply Now
Credit Needed:
Fair/Poor/Bad/No Credit

OpenSky® Secured Visa® Credit Card


Editor's Rating:4 Stars
  • No credit check necessary to apply. OpenSky believes in giving an opportunity to everyone.
  • The refundable* deposit you provide becomes your credit line limit on your Visa card. Choose it yourself, from as low as $200.
  • Build credit quickly. OpenSky reports to all 3 major credit bureaus.
  • 99% of our customers who started without a credit score earned a credit score record with the credit bureaus in as little as 6 months.
  • We have a Facebook community of people just like you; there is a forum for shared experiences, and insights from others on our Facebook Fan page. (Search "OpenSky Card" in Facebook.)
  • OpenSky provides credit tips and a dedicated credit education page on our website to support you along the way.
  • *View our Cardholder Agreement located at the bottom of the application page for details of the card.
Apply online forGreen Dot primor® Visa® Gold Secured Credit Card
Apply Now
Credit Needed:
Poor/Limited/No Credit

Green Dot primor® Visa® Gold Secured Credit Card


Editor's Rating:4 Stars
  • Credit lines available from $200 to $5,000! Super Low Fixed 9.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
  • See additional Green Dot primor® Secured Visa® Gold Card details
Apply online forGreen Dot primor® Visa® Classic Secured Credit Card
Apply Now
Credit Needed:
Poor, Limited, No Credit

Green Dot primor® Visa® Classic Secured Credit Card


Editor's Rating:4 Stars
  • Credit lines available from $200 to $5,000! Low fixed 13.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
  • See additional Green Dot primor® Secured Visa® Classic Card details
Apply online forFirst Latitude Platinum Mastercard® Secured Credit Card
Apply Now
Credit Needed:
Poor/Limited/No Credit

First Latitude Platinum Mastercard® Secured Credit Card


Editor's Rating:3 Stars
  • No Annual Fee! Build up your credit with responsible card use.
  • Full-Feature Platinum Mastercard Secured Credit Card
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • 24/7 Online Access to Your Account
  • Nationwide Program though not yet available in NY, IA, AR, or WI
  • * See Card Terms
Apply online forAssent Platinum Mastercard® Secured Credit Card
Apply Now
Credit Needed:
Poor/Limited/No Credit

Assent Platinum Mastercard® Secured Credit Card


Editor's Rating:3 Stars
  • No Annual Fee for first year! $29 Annual Fee starting in the second year and thereafter. Build up your credit with responsible card use.
  • Full-Feature Platinum Mastercard Secured Credit Card
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • 24/7 Online Access to Your Account
  • Nationwide Program though not yet available in NY, IA, AR, or WI
  • * See Card Terms
Apply online forMerrick Bank Double Your Line™ Visa® Credit Card
Apply Now
Credit Needed:
Bad

Merrick Bank Double Your Line™ Visa® Credit Card


Editor's Rating:3 Stars
  • See if you are Pre-Qualified in less than 60 seconds without harming your credit score.
  • Double Your Line by making at least your minimum payment on time each month for the first 7 months your account is open. After you make your payments, the increase is automatic.
  • Get your updated FICO® Score each month when it is provided to us from the credit bureau.
  • $0 Fraud Liability protects you from unauthorized charges.
  • Online and mobile Account Access.
  • No Penalty Rates or Over Limit Fee.

Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.


This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. IndexCreditCards.com does not review every company or every offer available on the market.

Other Secured Credit Cards

Let us know your favorite