Applied Bank™ Secured Visa® Credit Card
Intro Rate
Regular APR
Annual FEE
CardType
None
9.990%
$50
Secured
Applied Bank™ Secured Visa® Credit Card
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  • 9.99% Low Fixed APR - Rate Won’t Change Even If You’re Late!
  • CHOOSE Your Credit Limit Up To $5,000*
  • $0 Fraud Liability
  • NO Credit Requirements
  • NO Income Requirements
  • ACCEPTED Worldwide at Millions of Locations
  • CREDIT Bureau Reporting
  • *Minimum $200 Deposit Required. Your Credit Limit Will Be Equal to the Amount of Your Deposit.
  • Secured Online Application
    The Applied Bank™ Secured Visa® Credit Card, issued by Applied Bank™, is designed for those with limited or poor credit history.

    The major benefit of this card is the fixed APR of 9.99% for purchases and cash advances, which is reasonably low for a secured card. There is a $200 minimum deposit required, a $5,000 maximum, and an annual fee of $50.

    Unlike most secured credit cards, this card provides additional services and benefits including online account access and various fraud protection services.

    It is important to note that a major drawback of the card is that there is no grace period for purchases. This means that interest will be applied immediately to any charges made with the card. A downside is that this card does not pay interest to the deposit amount, which sets it apart from other secured cards that do.

    Those who can afford the $200 minimum deposit and do not mind accumulating finance charges once a transaction is posted, will benefit most from the very low rate that the Applied Bank™ Secured Visa® Credit Card has to offer.

    Review date: 2008-09-22 00:00:00
    Important Notes: Credit bureau reporting. See website for complete terms and conditions of card usage and application disclosure.