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A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.

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Q: What do secured credit cards mean?
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Which credit cards are secured?

Secured credit cards require that you supply a cash deposit as collateral that becomes the actual line of credit. When first establishing credit or reestablishing credit secured credit cards are an excellent method to use and most banks will be able to provide information on the secured credit cards they offer.


What companies offer the best secured business credit cards?

According to the research there really are no secured business credit cards. But you can however apply for a secured credit card and then use it for your business.


What types of credit cards are secured?

There are many different types of credit cards that are secured. Any of the major brands will be secured. This includes Visa, American Express, Discover and Master Card.


Can I get a credit card for my bad credit?

If you need to get credit cards to help repair your credit, try secured credit cards. Many banks offer secured cards like Wells Fargo and Citi. You can also try store cards but be sure you pay them off each month.


What is the advantage of using secured credit cards?

When you use secured credit cards, you will be able to block it when it is stolen or lost. If you could not do this, it will affect you greatly, and your money will be gone.


How can you get a credit card with poor or bad credit?

There are pre-paid cards and secured cards available for those with poor credit.


What company has secured credit cards?

Secured credit cards are credit cards which offer the same spending advantages as traditional credit cards, however the individual must provide the initial starting credit. Therefore, if a secured credit card has a 300$ limit, that initial 300$ is usually provided by the individual. These types of credit cards are used by people with a history of bad credit, or to re-establish credit. Many local banks, such as Bank of America and Wells Fargo have information regarding these types of cards listed on their websites.


Are Credit cards are considered secured debt?

yes


Are there any credit cards available for people with bad credit?

There are credit cards available for people with bad credit. Secured credit cards are more suited for people with bad credit and are likely to be the only ones they will qualify for. Capital One offers a Secured MasterCard which is available for people with bad credit.


Can you suggest secured credit cards?

Capital One has secured credit cards at great rates. Capital One offers a wide variety of different credit cards for all types of credit. Check out www.capitalone.com and see if they have anything that interests you or fits your needs


What are the top 3 secured Visa Credit Cards?

There are many different secured Visa credit cards available. The three that are rated as the best are the Wells Fargo Secured Visa Card, the U.S. Bank Secured Visa Card, and the BankAmericard Secured Visa Card.


What are types of credit cards?

There are many different types of credit cards that are secured. Any of the major brands will be secured. This includes Visa, American Express, Discover and Master Card.