There are many options to choose between if you want a secured credit card that has flexible terms and offers higher cash back rates. Many cards are eligible for credit checks and have very lenient underwriting requirements. If you can afford the security deposits, you should be approved. You will not be able to secure your card if you don't pay the high annual fee or APR.
Capital One Quicksilver Secured Credit Card Cash Rewards
Capital One Quicksilver Reward Cash Credit Card is great for people with low credit scores. Applicants only need to make a $200 initial deposit and within six months they will receive a higher credit line. After six months of on-time payments, Capital One will consider raising the credit limit automatically. This credit card has a low interest rate, no annual fee, and no minimum balance.
The rewards program is another great feature of Capital One Quicksilver Secured cash Reward Credit Card. It offers 5% cash back on purchases made at Capital One Travel and an unlimited 1.5% cash back on everything else. This unique feature makes Capital One Quicksilver Secured cash Rewards Credit Card the best among secured credit card. In addition to earning points, the card also offers other benefits, such as a free monthly FICO credit score and zero fraud liability.
Find it Secure
The Discover it Security credit card is a great choice if you're looking for a secured, unsecured credit card that comes with a generous Welcome Offer. After the first year, cardholders will be eligible for unlimited cash back and 2% cash back at gas stations. Discover will match the rewards earned during the first year by offering a cash back match program. This means you can start earning cash back right away and still be on your way to establishing credit.
Discover it Secured card is a credit card that offers great rewards. Cardholders can easily earn rewards by spending money on specific categories. The bonus categories are designed to be in line with consumers' normal spending habits. Because of this, the cashback rewards earned with this card are easily redeemable at any time.
Capital One Platinum Secured Visa Card
The Capital One Platinum Secured Credit Card offers many benefits to those who are struggling to get approved for a traditional credit card. This card doesn't have an annual fee nor foreign transaction fees. Late or returned payments are not subject to fees. It can be used both online and in store for purchase.
The Platinum Secured Credit Card is designed specifically for those with no or poor credit. It offers credit lines up to $1,000. It comes with the best digital financial tools available, which allow you to track your credit history and keep it updated at all times. The card also offers practical benefits, like travel assistance and Apple Pay support.
Capital One Secured Mastercard
The Capital One Secured Mastercard makes a great choice if you have bad credit or want to rebuild your credit. The card comes with a $200 credit cap and a zero-fee annual fees. Because it's a secured card, you can't get a cash advance, but you can still make purchases and use the card to build credit.
After five regular payments, you can increase your Capital One Secured Mastercard's credit line. For your card to be issued, you must make a $49 deposit. You can increase your credit line up to $1,000 by making five regular monthly payments.