When looking for a secured credit card, there are several different options. There are two options: the Capital One Platinum Secured Credit Card, and the Discover it Secured Visa. A new type of secured credit card, the Plastk Secured Visa, is also available. Clark Howard has rated the Capital One Platinum Secured Credit Card.
Capital One Secured MasterCard
Capital One Secured MasterCard could be the right choice for you if you want to rebuild your credit following bankruptcy or other credit issues. The card has no annual fees and you can set your payment due dates to suit you. It also has no foreign transaction fees.
Secured Visa
A secured credit card could be right for you, whether you want to pay off your debts or build your credit history. These cards require a $200 security deposit and an initial credit limit of $200. They don't require an annual fee.
Plastk Secured Visa
If you're looking for a credit card that's designed for people with bad credit, look no further than the Plastk Secured Visa Card. The card doesn't have a minimum income requirement. However, the annual fee is $48 and the monthly maintenance fee is $6. It offers many benefits to help you improve and maintain your credit rating.
Capital One Guaranteed Mastercard at a Low Rate
Canadians with lower credit scores will love the Capital One Low-Rate Guaranteed Mastercard. This card can be a great choice for people trying to repair their credit or establish it. The low interest rate can quickly cover the slightly higher annual fee. Capital One also reports payments at the three major credit reporting agencies. This makes it easier and more efficient to monitor your financial health. This card also allows you to pay by check, online, or at a local branch.
Home Trust Secured Visa
The Home Trust Secured Visa Visa Card is a great option to help build credit. The card allows you make a secure deposit equal to the card's credit limit. The security deposit is returned when your account is closed or the entire debt is paid off. You can make a deposit of $500 or $10,000.
Discover it Secured Kreditkarte
The Discover it Secured credit card is a great way earn rewards for your purchases. This card provides cash back that includes unlimited 1% cashback and 2% cashback at gas stations, restaurants, and other places. The card also helps you remove your personal information from select people search websites. You can also receive free alerts to protect your information from being used criminally.