What Is a Secured Credit Card

Sun, 03 May 2026 05:51:00 +0000

**What Is a Secured Credit Card?** In a landscape where financial trust is increasingly earned through transparency and responsibility, the secured credit card is emerging as a practical entry point for millions across the United States. More than just a tool for building credit, it’s gaining traction as a strategic step toward financial independence—especially among younger generations, credit beginners, and those looking to rebuild confidence in their financial journey. What Is a Secured Credit Card: The Basics At its core, a secured credit card requires a cash deposit that serves as collateral—typically ranging from $200 to $5,000—funding the available credit limit. This safety mechanism reduces risk for issuers and lowers barriers for applicants with limited or damaged credit histories. Unlike traditional cards, secured cards tie credit availability directly to a deposit, emphasizing accountability and consistent use.