Secured student credit cards are a great option for teenagers and college students. Banks offer the secured student credit card to the student, who then puts money in the bank as a sort of "security deposit". That money guarantees the card issuer will be paid if the student fails to pay the bills. The credit limit is determined by how much is secured in the bank as collateral.
Secured Student Credit Card Options
Below are secured student credit card options for students with a limited credit history. Secured student credit cards can help you build your credit history since they report to the major credit bureaus, but be sure to also check our out credit and debt help center.
Before you apply for a card, we always recommend learning as much as you can about credit. Check out our credit education center to prepare for the responsibility of owning a credit card.