Secured Card: A Way to Build Your Credit Score

February 12, 2024 By: Eliyah A. - CreditMonarch Online Writer01 comments

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Wish to start building your credit score but don’t know where to start? Let us help you!

A secured card is the best credit card to apply for if you wish to start building your credit score. Secured cards don’t require having to check your credit score, which is great for people who don’t have a credit score to begin with. Some may even have cash back rewards! The secured card reports to the three credit bureaus helping you to build your credit history and score. For a secured card, a cash deposit is required when opening your account.

Should I get a secure card if I have a bad credit score?

Yes! A secured card is a good option for people with a low/bad credit score. A secured card can help you rebuild your credit score. This is also a good option for people struggling with bankruptcy. Monitor your credit score to see how your secured card is helping you. In time, you can then ask for an upgrade to an unsecured card if your issuer allows it.

Check out our recommend secured cards!

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