There are many options available when searching for a secured card. These include the Capital One Platinum Secured Credit Card as well the Discover it Secured Visa. Plastk Secured Visa can be another option. But before you choose a card, be sure to read Clark Howard's ratings for the Capital One Platinum Secured Credit Card.
Capital One Secured MasterCard
If you are looking to rebuild your credit after bankruptcy or other credit issues, the Capital One Secured MasterCard may be the best option for you. This card features no annual fee and allows you to set payment due dates that are convenient for you. It also has no foreign transaction fees.
Secured Visa
Secured credit cards may be the best option for you if you are looking to reduce your debt or build credit. These cards require a minimum $200 security deposit. There is no annual fee.
Plastk Secured Visa
Plastk Secured Visa Card Card will provide credit cards that are suitable for those with bad credit. Although this card does NOT require you to have a minimum monthly income, there are $48 annual fees and $6 maintenance fees. You can also enjoy a variety of benefits to improve your credit score.
Capital One Low-Rate Guaranteed Mastercard
Canadians with low credit scores should consider the Capital One Mastercard at a Low Rate Guaranteed. This card is an excellent choice for those who are looking to establish or repair their credit. The lower interest rate can quickly pay for the slightly higher annual fees. Capital One also reports payments to the three major credit bureaus, making it easier to monitor your financial situation. You can also pay with your card online, by check, or in person at a local branch.
Home Trust Secured Visa
A Home Trust Secured Visa Visa card is a great way for you to build your credit. The card allows you make a secure deposit equal to the card's credit limit. The security deposit will be returned when the account closes or you have paid off all the debt. You can make a deposit of $500 or $10,000.
Discover it Secured Card Credit Card
Using the Discover it Secured Credit Card is a great way to earn rewards on your purchases. This card provides cash back that includes unlimited 1% cashback and 2% cashback at gas stations, restaurants, and other places. The card allows you to delete your personal information from some people search websites. You can even receive alerts free of charge to help prevent your information being used in criminal cases.