Credit One Bank Secured Card
- Annual fee
- None
- Recommended credit
- Poor / No Credit Required
- Card network
- Visa
- Regular purchase APR
- 28.99% variable based on the Prime Rate
At a glance
The Credit One Bank Secured Card is a no annual fee secured credit card from Credit One Bank. The card offers up to 1% cash back on eligible purchases, a $200 minimum security deposit that earns interest, and more.
Our review of the Credit One Bank Secured Card
If you’re looking to establish credit for the first time, bounce back from a financial setback, or simply boost your credit score, the Credit One Bank Secured Visa Card is a great option. Known for its versatile credit cards, Credit One Bank offers access to credit scores ranging from rebuilding to outstanding.
Earn Interest on Your Security Deposit Account
Secured credit cards require a security deposit to open, and the Credit One Secured Visa Card is no different. However, unlike many other secured cards, this one actually earns interest on your security deposit. While the interest rate may not be as high as what you’d get from a traditional savings account, it’s still a nice perk.
Earn 1% Cash Back Rewards on Eligible Purchases
In addition to earning interest on your security deposit, the Credit One Secured Card also offers up to 1% cash back on eligible purchases. You can earn 1% cash back on gas, groceries, and select monthly utility services, making it a competitive choice compared to other secured cards on the market.
How to Redeem Credit One Bank Rewards
Redeeming your cash back rewards with Credit One is easy – they’re automatically credited to your account each statement period. Just keep in mind that these statement credits won’t count towards your minimum monthly payment, so be sure to pay your balance in full each month.
Credit One Bank Features
The Credit One Bank Secured Visa Card comes with a range of features and benefits, including access to the bank’s mobile app, compatibility with mobile payment options like Apple Pay and Google Pay, and the ability to choose your payment due date. Plus, you’ll have access to Visa’s zero fraud liability protection and other security features.
Should You Apply for the Credit One Bank Secured Card?
In conclusion, the Credit One Bank Secured Visa Card is a solid choice for those looking to build or rebuild their credit. With cash back rewards, interest on your security deposit, and no annual fee, it offers a lot of value for responsible cardholders. If you’re in the market for a secured credit card, this one is definitely worth considering. Apply today and start on your journey to better credit!
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- No annual fee
- Earn interest on your minimum $200 security deposit
- Earn 1% cash back rewards on gas and groceries as well as your monthly mobile phone, internet, cable, and satellite TV services
- Automatically earn More Cash Back Rewards for using your Credit One Bank card at participating merchants, terms apply
- With $0 Fraud Liability, you won’t be responsible for unauthorized charges
- View your free online access to your Experian credit score, terms apply
Who this card may suit
- You're seeking to establish – or rebuild – your credit
- You want a security deposit that earns interest
- You want basic cash rewards
- You do't want to pay an annual fee
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Regular Purchase APR | 28.99% variable based on the Prime Rate |
| Cash Advance APR | 28.99% variable based on the Prime Rate |
| Cash Advance Transaction Fee | Either $5 or 8% of the amount of each Cash Advance, whichever is greater |
| Foreign Transaction Fee | Either $1 or 3% of each purchase in U.S. dollars, whichever is greater |
| Late Payment Penalty Fee | Up to $39 (terms apply) |
| Return Payment Penalty Fee | Up to $39 (terms apply) |
| 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: Poor Credit Limited or No Credit.
Apply Now for Credit One Bank Secured Card (opens in a new tab)View issuer terms for Credit One Bank Secured Card (opens in a new tab)
Credit One Bank Secured Card
Apply Now for Credit One Bank Secured Card (opens in a new tab)You will leave this site for the issuer’s page. Confirm current terms there.
Similar cards
OpenSky® Plus Secured Visa®
- New feature! Earn up to 10% cash back on everyday purchases
- No credit check to apply. Find out instantly if you are approved- Zero credit risk to apply
- Annual fee
- $0
- Recommended credit
- Fair / Poor / No Credit Required
- Purchase APR
- 29.49% (Variable)
First Progress Platinum Select Mastercard® Secured Credit Card
- Get a First Progress Platinum Select Card and Earn 1% Cash Back Rewards!
- Secure your credit line with your refundable security deposit – choose from $200- $2,000 - with the ability to increase…
- Annual fee
- $39
- Recommended credit
- Poor / No Credit Required
- Purchase APR
- 18.74% variable based on the Prime Rate
Current Build Card
- Build credit with no minimum deposits and no annual fee
- Up to 4% APY on savings
- Annual fee
- $0.00
- Recommended credit
- Good / Poor / Fair
- Purchase APR
- 0.00%