Best Secured Credit Cards

People with bad credit or no credit can establish or build a credit history through secured credit cards. The card issuer is going to report your payment history to the 3 major credit bureaus every month. You can apply for secured credit cards online, but you will not receive the card until you have deposited an amount into a bank account. The amount of money deposited now become your credit line on the secured credit card, which can be used just like a regular credit card in stores, for car rental reservations or cash advances. You can be approved regardless of credit history and choose your own credit line, since there is no risk for the card issuer. Credit history is not going to be built or established overnight, but requires patience that will be rewarded down the road. Once you have had the secured credit card for 9 to 12 months you can try to request an upgrade to an unsecured credit card or submit an application with another card issuer.

* Please see the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the terms and conditions on the credit card issuer´s official website.