Unlike prepaid or debit cards, this secured credit card reports your credit activity to all three major credit bureaus, giving you the opportunity to strengthen your credit score with responsible use.
With a refundable security deposit, your credit line starts at $200 and can grow up to $5,000 as you add funds. Plus, as long as you make payments on time and manage your balance wisely, this card can help you build better financial habits while keeping your credit utilization in check.
Why the PREMIER Bankcard Secured Credit Card is for You
With the PREMIER Bankcard Secured Credit Card, you get the flexibility of a traditional credit card while staying in control of your spending. The more responsibly you use it, the better your chances of unlocking new financial opportunities in the future.
Not only does this card offer nationwide acceptance anywhere Mastercard is used, but it also allows you to increase your credit limit over time by adding more funds to your deposit. That means you can gradually improve your credit score while enjoying the benefits of a fully functional credit card.
Pros and Cons of the PREMIER Bankcard Secured Credit Card
Pros
- Reports to all major credit bureaus
- Build or rebuild credit with responsible use, as your activity is reported to Equifax, Experian, and TransUnion.
- Credit limit growth up to $5,000
- Start with as little as $200 and increase your available credit by adding funds to your deposit.
Cons
- Requires a security deposit
- Unlike unsecured cards, you need to provide a refundable deposit to open an account.
- No automatic credit limit increases
- You must manually add funds to grow your credit line instead of receiving periodic increases.
How to Apply for the PREMIER Bankcard Secured Credit Card
Ready to start building your credit? Applying is quick and easy! Click the button below to see how the PREMIER Bankcard Secured Credit Card can help you take control of your financial future today.