| Rewards | N/A |
|---|---|
| Signup Bonus | N/A |
| Annual Fee | None |
| Cardmember Agreement | View Here |
| Cash Advance APR | Not publicly specified for this secured card |
| Cash Advance Fee | Not publicly specified for this secured card |
| Late Payment Fee | Up to $39 |
| Purchases APR | Variable APR |
| * Card terms and offers are subject to change. Confirm current details with the issuer. | |
CARD OVERVIEW
The U.S. Bank Secured Visa Card is designed for people building or rebuilding credit. It has a $0 annual fee, requires a refundable $300–$5,000 security deposit, and doesn’t offer standard rewards. U.S. Bank reports payment activity to the major credit bureaus and reviews accounts after 12 months for possible graduation to an unsecured card.
Most users say they appreciate the no-annual-fee structure, straightforward credit-building purpose, and the possibility of getting their deposit back after upgrading. The ability to choose a payment due date is another useful feature.
On the downside, many reviewers mentioned that the card lacks rewards, so it isn’t particularly attractive for everyday spending once you have access to stronger unsecured cards. The required security deposit also ties up cash, and U.S. Bank doesn’t guarantee an upgrade after 12 months.
Personally, I think it makes the most sense for someone focused primarily on establishing or rebuilding credit. If you already qualify f
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Bro sorry, but some error occurred :O
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great starter card
The secured deposit requirement was a bit annoying up front, but after several on time payments, it noticeably helped my credit score recover. There aren't fancy rewards, but that hardly matters when what you're after is a clean state.
