If you're looking for a secured credit card with flexible terms and higher cash back rates, there are several options to choose from. These cards often have low credit requirements and come with flexible underwriting guidelines. As long as you can afford the security deposit, 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 cash Rewards Credit Card
People with bad credit ratings will love the Capital One Quicksilver Cash Reward Credit card. In order to get a higher credit score, applicants only need to deposit $200. Capital One will review your credit limit and consider increasing it automatically after six consecutive months of making on-time payments. The card has a low annual fee, a low interest-rate, and carries a small minimum balance.
The rewards program is another great feature of Capital One Quicksilver Secured cash Reward Credit Card. It offers a maximum of 1.5% cash back for all purchases, and 5% cash back when you shop at Capital One Travel. This feature makes the Capital One Quicksilver Secured Cash Rewards Credit Card one of the most unique among secured credit cards. You can also earn points and enjoy other benefits like zero fraud liability, a free FICO credit score, and no monthly fees.
You can find it secured
The Discover it Secured credit card is a great choice for people who are looking for a secured credit card 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 your rewards for the first year with their cash back match program. This means that you can get cash back as soon as you sign up and continue your journey to credit building.
Discover it Secured creditcard offers great rewards programs that make it easy for cardholders earn rewards when they spend money in particular categories. These bonus categories were designed to match consumers' natural spending habits. The cashback rewards you earn with this card can be redeemed at any time.
Capital One Platinum Secured Card Credit Card
Capital One Platinum Secured Credit Card provides many benefits to people who are having difficulty getting approved for traditional credit cards. The card is free of foreign transaction fees and has no annual fees. There are also no fees associated with late or returned payments. It can be used for both online and in-store purchases.
The Platinum Secured Credit Card is specifically designed for those with low or no 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. There are also practical benefits, such as Apple Pay and travel assistance.
Capital One Secured Mastercard
The Capital One Secured Mastercard is a great option for people with bad credit or those who want to rebuild their credit. There is no annual fee and a credit limit of $200. Although it is not a card that can be used for cash advances, the card can still be used to make purchases or 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. The credit line can be increased up to $1,000 if you make five on-time monthly payments.