Applied Bank® Secured Visa® Credit Card

No annual fee; reasonably low interest rate.

• 12.99% Low Fixed APR - Rate Won't Change Even If You're Late!
• Choose Your Credit Limit - From $200 up to $500
• Monthly Credit Bureau Reporting
• Genuine Visa Credit Card - Not a Pre Paid or Debit Card
• Accepted Worldwide at Millions of Locations

Applied Bank® Secured Visa® Credit Card Credit Card Consumer Review

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.

Other Secured Student Credit Cards

The Applied Bank® Secured Visa® Credit Card is just one of many Secured student credit cards. Review each card carefully to select the right Secured student credit card for you!

• Public Savings Bank Classic Secured VISA Card