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Citi Secured Credit Card

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Credit card

Citi Secured Card

Annual Fee:  $0

Bonus Offer: No bonus offer is available at this time.

Bonus Offer: No bonus offer is available at this time.

★ This card does not have bonus categories.

Best for:

Those with no or limited credit history that need a Secured credit card in order to build credit history.

Card Features and Benefits:

    When you don't have a credit history or you don't have a creditworthy credit score, you need to build credit.

    One of the best ways to do that is by using what is known as a Secured Credit Card.

    With a Secured credit card, you give the bank a security deposit and then you can borrow against it with the credit card.

    On the surface, yes, you are loaning yourself money. But in reality, you are  practicing good credit repayment habits with the bank watching. They also report your on-time payments to the credit bureaus, so that your credit score (FICO) will rise over time.

    As they see that you can handle your credit and your credit score rises, you will soon be eligible for non-secured credit cards, such as travel rewards credit cards.

    You will be able to use the Citi Secured card anywhere that Mastercard is accepted.

    You will need to make a security deposit of at least $200 and your credit line will be equal to the amount of security deposit that you give.

    There's no annual fee, but using this card internationally will incur a 3% foreign transaction fee. (View credit cards with no foreign transaction fee).

    This credit card does not earn rewards or cash back.

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Citi Secured Card

Offer: No bonus offer is available at this time.

Don’t Miss Out On Limited time Offers

Credit card companies regularly offer limited time increased signup bonus offers on their credit cards. They also sometimes change card benefits or otherwise change up their card lineups.
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