These are regular credit cards but with great terms and low rates.
| Platinum Zero Secured Visa® Credit Card from Applied Bank® |
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The Platinum Zero™ Secured Visa® Credit Card from Applied Bank® is a secured card. This card is designed for those with limited or poor credit history.
The major benefit of this card is that there is a 0% APR on purchases. Also, unlike most secured credit cards, this card provides additional services and benefits, including online account access and various fraud protection services. 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 do not mind accumulating finance charges once a transaction is posted will benefit most from the very low rate that the Platinum Zero™ Secured Visa® Credit Card from Applied Bank® has to offer. |
| Applied Bank® Secured Visa® Credit Card | ||||||||||||||
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The Applied Bank® Secured Visa® Credit Card, issued by Applied Bank, is designed for those with limited or poor credit history who want the convenience of a credit card.
The major benefit of this card is the fixed APR of 12.99% for purchases and cash advances, which is reasonably low for a secured card. There is a $200 minimum deposit required and a $500 maximum.
Unlike most secured credit cards, this card provides additional services and benefits, including online account access and various fraud protection services. The Applied Bank® Secured Visa® credit card also offers worldwide acceptance at millions of locations, as well as monthly credit bureau reporting.
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. |
| Public Savings Bank Classic Secured VISA Card | ||||||||||||||
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The Public Savings Bank Classic Secured VISA Card, issued by Public Savings Bank, is ideal for those who are trying to improve their credit. This is because Public Savings Bank reports card activity to all three major credit bureaus every month.
Because the Public Savings Bank Classic Secured VISA Card is a secured credit card, all applications are accepted, regardless of past credit history, or a lack of credit history. A secured credit card is one that is secured with a deposit. The amount of the deposit then becomes the cardholder's credit limit. The minimum deposit for this card is $300, the maximum is $2,000.
The interest rate for the Public Savings Bank Classic Secured VISA Card is reasonably low, and the Public Savings Bank Classic Secured VISA Card has no annual fee. The application fee is $75.
Applicants who are interested in improving their credit by using a low interest secured credit card will be best served by what the Public Savings Bank Classic Secured VISA Card has to offer. |