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Applied Bank Secured Visa® Gold Preferred® Card card

Applied Bank Secured Visa® Gold Preferred® Card

By the Best Credit Cards Guide editorial team · Information from the original card page, updated May 28, 2025

Annual fee
$48
Recommended credit
Fair / Poor
Card network
Visa
Regular purchase APR
9.99% Fixed Rate
Apply Now for Applied Bank Secured Visa® Gold Preferred® Card (opens in a new tab)Compare this card
Check before you apply: the rates, fees and offers on this page are as listed on the original card page (updated May 28, 2025) and may have changed. Confirm current terms on the issuer’s website. Best Credit Cards Guide may be compensated by some issuers; see our Advertiser Disclosure.

At a glance

The Applied Bank® Secured Visa® Gold Preferred® Card offers those with limited credit history or a poor credit score the chance to receive a full-fledged Visa card without the need for a credit check. The card also boasts and impressively low fixed APR on purchases and cash advances – all for the modest annual fee of $48.

Our review of the Applied Bank Secured Visa® Gold Preferred® Card

The Applied Bank® Secured Visa® is a top choice for those looking to build credit without a high credit score. Unlike prepaid cards, this secured card allows you to reload your credit limit each month by paying off your balance. This helps you build credit with on-time payments, something prepaid cards can’t offer.

How to Apply

To apply for the Applied Bank Secured Visa® Gold Preferred® Card, you will need the following information:

1. Full legal name and contact information

2. Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)

3. Income details

4. Monthly expenses

5. Credit score

Credit Builder Benefits

By using the Applied Bank® Secured Visa® card responsibly, you can improve your credit score. The card reports to all three major credit bureaus, allowing you to raise your score with on-time payments and low credit usage. Additionally, you can increase your credit limit up to $5,000.

Visa Benefits

As a Visa card, the Applied Bank® Secured Visa® offers a range of benefits, including zero fraud liability, emergency card replacement, and roadside dispatch. Visa is accepted at over 40 million merchants worldwide, providing you with convenience and security.

Other Considerations

It’s important to note that the Applied Bank Secured Card is not available in all 50 US states. Additionally, the card offers the optional Applied Advantage® program, providing cardholders with exclusive discounts on various products and services.

Comparison

If you’re unsure about the Applied Bank secured card, consider how it compares to the OpenSky® Secured Visa®. The Applied Bank Secured Visa® Gold Preferred® offers automatic reporting to all three national credit bureaus and no credit check or minimum credit score requirement, making it a strong choice for building credit.

Impressive Fixed-Rate APR

One standout feature of the Applied Bank® Secured Visa® Card is its low fixed-rate APR of 9.99% on purchases. This rate is significantly lower than the average secured card APR of 18.1%, making it a cost-effective option for those who need to carry a balance. Additionally, Applied Bank does not raise the APR for late payments, providing flexibility for cardholders.

Card features

Benefits as listed on the original card page. They can change; confirm details with the issuer.

  • Better than Prepaid...Go with a Secured Card! Load One Time - Keep On Using
  • Absolutely No Credit Check or Minimum Credit Score Required
  • Automatic Reporting to All Three National Credit Bureaus
  • 9.99% Low Fixed APR - Your Rate Won’t Go Up Even if You Are Late
  • Activate Today with a $200 Minimum Deposit - Maximum $1,000
  • Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime

Who this card may suit

  • You have bad credit, limited credit, or no credit history at all
  • You want a card that automatically reports to all the major credit bureaus
  • You are tired of spending money on reloadable prepaid cards
  • You can make a minimum deposit of at least $200

Rates, fees and terms

Rates, fees and terms as listed on the original card page (updated May 28, 2025). Confirm current terms on the issuer’s site.
Annual Fee$48
Regular Purchase APR9.99% Fixed Rate
Cash Advance APR9.99% Fixed Rate
Cash Advance Transaction FeeEither $5 or 5% of the amount of each cash advance, whichever is greater
Foreign Transaction Fee3% of the transaction amount in U.S. dollars
Late Payment Penalty FeeUp to $38
Return Payment Penalty FeeUp to $38
Minimum Deposit Required$200

Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Fair Credit Poor Credit.

Apply Now for Applied Bank Secured Visa® Gold Preferred® Card (opens in a new tab)View issuer terms for Applied Bank Secured Visa® Gold Preferred® Card (opens in a new tab)

Applied Bank Secured Visa® Gold Preferred® Card

Apply Now for Applied Bank Secured Visa® Gold Preferred® Card (opens in a new tab)

You will leave this site for the issuer’s page. Confirm current terms there.

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