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Applied Bank® Secured Visa® Gold Preferred® Credit Card

Activate Today with a $200 Minimum Deposit - Maximum $1,000. * Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime

Credit Recommended:

Bad/No

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    CARD TYPE: Secured

    Secured credit cards require a secured deposit on a bank account. These cards are intended for people with limited credit history.

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    WHO CAN GET IT: Consumer

    These credit cards are for the average consumer who needs a credit card for personal use.

ABOUT THE CARD
  • Better than Prepaid…Go with a Secured Card! Load One Time - Keep On Using
  • Absolutely No Credit Check or Minimum Credit Score Required
  • Automatic Reporting to All Three National Credit Bureaus
  • 9.99% Low Fixed APR - Your Rate Won´t Go Up Even if You Are Late
  • Activate Today with a $200 Minimum Deposit - Maximum $1,000. * Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime
RATES & FEES INFORMATION:
  • PURCHASES
    Intro APR on Purchases:
    n/a
    Regular APR:
    9.99% (Fixed)
    Minimum Grace Period:
    n/a
  • BALANCE TRANSFERS
    Intro APR on Balance Transfers:
    n/a
    Regular APR:
    n/a
    Balance Transfer Fee:
    n/a
  • CASH ADVANCE
    Intro APR on Cash Advances:
    n/a
    Regular APR:
    9.99% (Fixed)
  • FEES
    Annual Fee:
    $48
    Application Processing Fee:
    None
Applied Bank® Secured Visa® Gold Preferred® Credit Card

Questions & Answers about the card:

How do I know if I qualify for an unsecured or secured account?

After you submit your application, the issuer will review all provided information and will decide whether you qualify or not. If you qualify for an unsecured account, the issuer will send you an approval notification online. If you are approved for a secured credit account, the issuer will send you an e-mail where the amount of the security deposit will be provided. You can pay the security deposit over the phone or online using the link provided by the issuer.

How to build credit with a secured credit card?

To build a credit history using a secured credit card, you first of all should make sure the card will be reported to at least one credit bureau. If the card is not reported to any of the credit bureaus, then it will be useless. Most secured credit cards are reported to all three major credit bureaus monthly. So you will only need to manage your secured credit card responsibly to build good credit. For that you will need to make all due payments with all your creditors on time and keep your card balances low.

How to get a credit card that is best for me?

First of all, you should know your most current credit score. It is easier to find a credit card you will qualify for when you know your credit score. However, your credit score is not the only thing considered when you apply for a credit card. The way you manage other credit accounts, if you have any, defaults, bankruptcies, credit inquiries, and of course your income are also taken into account. So it is recommended to check credit reports before you apply for a credit card to make sure they are accurate and contain most current information.