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 offer flexible terms and can be used without credit checks. The only requirement is that you can pay the security deposit. You will not be able to secure your card if you don't pay the high annual fee or APR.
Capital One Quicksilver Secured Rewards Cash Credit Card
People with bad credit ratings will love the Capital One Quicksilver Cash Reward Credit card. A $200 deposit is required by applicants in order to be eligible for a higher credit line. This will happen within six months. Capital One will review your credit limit and consider increasing it automatically after six consecutive months of making on-time payments. This credit card is low in interest and has no annual fee.
Another great feature of the Capital One Quicksilver Secured Cash Reward Credit Card is its rewards program. You get a 5% cashback on all purchases at Capital One Travel, and an unlimited 1.5% cashback on all other purchases. This feature makes Capital One Quicksilver secured cash rewards credit card one of the most distinctive among secured credit cards. In addition to earning points, the card also offers other benefits, such as a free monthly FICO credit score and zero fraud liability.
It's Secure!
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. Cardholders who use the card for one year will receive 2% cashback at gas stations and restaurants, and an unlimited 1% cashback on all other purchases. It also offers a cash back match program, meaning that the first year of rewards will be matched by Discover. This allows you to earn cash back and still work towards credit.
Discover it Secured credit cards offer a great rewards program. Cardholders can earn rewards for spending in certain categories. The bonus categories are tailored to consumers' spending habits. Because of this, the cashback rewards earned with this card are easily redeemable at any time.
Capital One Platinum Secured credit card
Capital One Platinum Secured Credit Card provides many benefits to people who are having difficulty getting approved for traditional credit cards. For starters, this card has no annual fee and no foreign transaction fees. You will not be charged for late or returned payments. It can be used both online and in store for purchase.
The Platinum Secured Credit Card caters to those with very poor credit. It provides a credit line of 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. You also get travel assistance and Apple Pay support.
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. The card comes with a $200 credit cap and a zero-fee annual fees. 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.
You can increase the credit line of your Capital One Secured Mastercard after you have made five on-time payments. To obtain your card, you need to pay $49 security deposit. You can increase your credit line up to $1,000 by making five regular monthly payments.