Best Secured Credit Cards of June 2023

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Secured credit cards are great for people with no credit or damaged credit to rebuild their credit history. Since secured cards will report to three major credit bureaus, Transunion, Equifax, and Experian, cardmembers who responsibly use secured cards and pay their debts on time can improve their credit history and credit scores.

Best No Annual Fee Secured Card

Capital One Quicksilver Secured Cash Rewards Credit Card offers an option to rebuild credit without having to pay an annual fee to keep the card.

  • No annual or hidden fees, and you can earn unlimited 1.5% cash back on every purchase, every day. See if you're approved in seconds
  • Put down a refundable $200 security deposit to get a $200 initial credit line
  • Building your credit? Using a card like this responsibly could help
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
  • Monitor your credit score with CreditWise from Capital One. It's free for everyone
  • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
Intro APR
N/A
Intro APR Period
N/A
Regular APR
29.99% (Variable)
Annual Fee
$0

Alternative Secured Credit Cards

If you are interested in Capital One Quicksilver Secured Cash Rewards Credit Card, you may also consider a few other credit cards with similar benefits.

Credit CardsPurchase APRTransfer InfoAnnual Fee Credit Level
OpenSky® Secured Visa® Credit Card

22.14% (variable) APR

N/A

$35

Poor CreditApply NowView Card Details
  • No credit check to apply and find out instantly if you are approved.
  • OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
  • Get considered for a credit line increase after 6 months, with no additional deposit required
  • You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
  • Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
  • View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
  • Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months
  • Your refundable* deposit, as low as $200, becomes your OpenSky Visa credit limit
  • Easy application, apply in less than 5 minutes right from your mobile device
  • Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
  • *View the cardholder agreement
Capital One Platinum Secured Credit Card

29.99% (Variable) APR

29.99% (Variable) APR

No balance transfer fee

$0

Limited, Bad CreditApply NowView Card Details
  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
  • Monitor your credit score with CreditWise from Capital One. It's free for everyone
  • Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
First Progress Platinum Elite Mastercard® Secured Credit Card

24.99% (V) APR

N/A

$29

Poor / Limited / NoApply NowView Card Details
  • Receive Your Card More Quickly with New Expedited Processing Option
  • No Credit History or Minimum Credit Score Required for Approval
  • Quick and Complete Online Application; No credit inquiry required!
  • Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
  • Full-Feature Platinum Mastercard® Secured Credit Card; Try our new Mobile App for Android users!
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
  • 24/7 Online Access to Your Account
  • Nationwide program; available in all 50 US states *See Card Terms.
  • Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
  • ¡Hablamos Español! Nuestros representantes de servicio al cliente hablan Español con fluidez para su conveniencia.
  • Make 6-months of on-time payments & you'll be invited to apply for an unsecured First Digital Mastercard!
First Progress Platinum Select Mastercard® Secured Credit Card

18.99% (V) APR

N/A

$39

Poor / Limited / NoApply NowView Card Details
  • Earn 1% Cash Back Rewards on payments made to your First Progress Secured credit card account.
  • No minimum credit history or credit score required!
  • Imagine being rewarded for simply paying your bill each month.
  • Accepted wherever Mastercard® is accepted, online and worldwide!
  • Reports to all 3 major credit bureaus
  • Manage your statements, transactions & rewards on-the-go with the First Progress Card Mobile App!
First Progress Platinum Prestige Mastercard® Secured Credit Card

14.99% (V) APR

N/A

$49

Poor / Limited / NoApply NowView Card Details
  • Earn 1% Cash Back Rewards on payments!
  • No minimum credit history or credit score required.
  • Past credit issues shouldn't prevent you from getting a credit card with great benefits & rewards!
  • Accepted wherever Mastercard® is accepted, online and worldwide!
  • Reports to all 3 major credit bureaus.
  • Manage your statements, transactions & rewards on-the-go with the First Progress Card Mobile App!
  • No credit check to apply and find out instantly if you are approved.
  • OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
  • Get considered for a credit line increase after 6 months, with no additional deposit required
  • You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
  • Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
  • View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
  • Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months
  • Your refundable* deposit, as low as $200, becomes your OpenSky Visa credit limit
  • Easy application, apply in less than 5 minutes right from your mobile device
  • Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
  • *View the cardholder agreement
  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
  • Monitor your credit score with CreditWise from Capital One. It's free for everyone
  • Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
  • Receive Your Card More Quickly with New Expedited Processing Option
  • No Credit History or Minimum Credit Score Required for Approval
  • Quick and Complete Online Application; No credit inquiry required!
  • Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
  • Full-Feature Platinum Mastercard® Secured Credit Card; Try our new Mobile App for Android users!
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
  • 24/7 Online Access to Your Account
  • Nationwide program; available in all 50 US states *See Card Terms.
  • Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
  • ¡Hablamos Español! Nuestros representantes de servicio al cliente hablan Español con fluidez para su conveniencia.
  • Make 6-months of on-time payments & you'll be invited to apply for an unsecured First Digital Mastercard!
  • Earn 1% Cash Back Rewards on payments made to your First Progress Secured credit card account.
  • No minimum credit history or credit score required!
  • Imagine being rewarded for simply paying your bill each month.
  • Accepted wherever Mastercard® is accepted, online and worldwide!
  • Reports to all 3 major credit bureaus
  • Manage your statements, transactions & rewards on-the-go with the First Progress Card Mobile App!
  • Earn 1% Cash Back Rewards on payments!
  • No minimum credit history or credit score required.
  • Past credit issues shouldn't prevent you from getting a credit card with great benefits & rewards!
  • Accepted wherever Mastercard® is accepted, online and worldwide!
  • Reports to all 3 major credit bureaus.
  • Manage your statements, transactions & rewards on-the-go with the First Progress Card Mobile App!

Editorial Note: The editorial content on this page is prepared by CardBenefit staff. Opinions expressed herein are author's alone, not those of the bank, credit card issuer, airlines or hotels, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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