A secured credit card is a credit card that requires for the consumer to place a cash deposit to start the account. The amount you deposit is what your credit limit will be in most cases. Secured credit cards are a good option for those who are trying to build their credit score or are trying to rebuild it.
With most secured credit cards, the consumer is requires to place a cash deposit to start the account. With Pesto Secured Mastercard, you are also allow to use cash as your security deposit. BUT they also allow you to use valuable items as your refundable security deposit!
You can use items like:
The credit limit of your secured card will be based on the value of the item used.
After 6 months, your account will be reviewed to see if you eligible for a credit line increase.
No worries! Check out our list of other recommended Secured Credit Cards by clicking below!
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