Can I get a secured credit card?
I can’t figure out why I was denied and I was curious if I could try a secure credit card
iPhone 6s, iOS 14
I can’t figure out why I was denied and I was curious if I could try a secure credit card
iPhone 6s, iOS 14
askbarnabas wrote:
What is a secured card?
A secured credit card is designed for people with credit issues. You provide the issuer with a deposit (e.g. $500) and they give you a card with a $500 limit. Over time, if you use the card and pay on time, it can help improve your credit score. Some companies will convert it to a standard card after sufficient on-time payment history. You get your deposit back at that point.
There is no secured version of the Apple Card. You will need to apply to some other credit card provider for that.
What is a secured card?
Thanks!
+1
Can I get a secured credit card?