Key Secured Credit Card
- Annual fee
- None
- Recommended credit
- Poor / No Credit Required
- Card network
- Mastercard
- Regular purchase APR
- 28.24% variable based on the Prime Rate
At a glance
Ideal for those building or rebuilding their credit, the Key Secured Credit Card? can set your financial reputation on the right path as long as you maintain smart spending habits.
Our review of the Key Secured Credit Card
When it comes to secured credit cards, the Key Secured Credit Card stands out as a top choice for building credit. With a minimum security deposit of $300, you can enjoy modest spending power while working towards improving your credit score.
No Annual Fees
ndout features of the Key Secured Credit Card is the absence of an annual fee. This is a rare benefit among secured cards and can save you money in the long run. However, late payment fees and finance charges still apply, so it’s important to stay on top of your payments.
Regular Reporting to Major Credit Bureaus
KeyBank reports your responsible card use to major credit bureaus, helping to boost your credit score over time. They also review your account twice a year, potentially offering you the opportunity to upgrade to an unsecured card in the future.
Other Features
In addition to the standard features of a secured card, the Key Secured Credit Card offers contactless technology for quick payments and the ability to freeze your account if your card is lost or stolen. These added conveniences make managing your card easier.
Should You Apply for the Key Secured Credit Card?
While the Key Secured Credit Card is a solid choice for those with a relationship with KeyBank, there are other options available for those looking to build or rebuild their credit. The OpenSky® Secured Visa® is a great alternative with no credit check required and a competitive APR for a secured card.
If you’re in the market for a secured credit card, consider the benefits of the Key Secured Credit Card and weigh them against other options to find the best fit for your financial goals.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- No annual fee
- This card reports your history to credit bureaus
- Account is reviewed twice a year to determine if you're eligible for an unsecured credit card
- Temporary lock feature allows you to freeze card activity if you misplace it
Who this card may suit
- You have little or no credit history
- You have a damaged credit score that you want to rebuild
- You have not had a credit card before
- You want to graduate to an unsecured credit card account
- You don’t want to pay an annual fee
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Regular Purchase APR | 28.24% variable based on the Prime Rate |
| Foreign Transaction Fee | 3% of the amount of each transaction in U.S. dollars |
| Late Payment Penalty Fee | Up to $40 |
| Minimum Deposit Required | $300 |
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 Key Secured Credit Card (opens in a new tab)View issuer terms for Key Secured Credit Card (opens in a new tab)
Key Secured Credit Card
Apply Now for Key Secured Credit Card (opens in a new tab)You will leave this site for the issuer’s page. Confirm current terms there.
Similar cards
Discover it® Chrome for Students
- Get $20 statement credit each school year your GPA is 3.0 or higher for up to next five years
- Earn 2% cash back at gas and restaurants on up to $1,000 in combined purchases each quarter. Plus 1% cash back on all…
- Annual fee
- None
- Recommended credit
- Fair / No Credit Required
- Intro APR
- 0% for 6 months from date of account opening date
Chase Freedom Unlimited®
- INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth…
- Enjoy 6.5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards…
- Annual fee
- None
- Recommended credit
- Excellent / Good
- Intro APR
- 0% for 15 months from account opening date
Ink Business Preferred® Credit Card
- Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash…
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary…
- Annual fee
- $95
- Recommended credit
- Excellent / Good
- Purchase APR
- 20.74% to 25.74% Variable