Self Visa Secured

Self Visa Secured Card Reports to all three major credit bureaus, reportin to all major bureaus.

CREDIT CARD

Self Visa Secured

No annual fee Opportunity to upgrade

Reports to all three major credit bureaus.

HOW TO APPLY You will remain on this website.

Designed for people with limited or poor credit, this secured credit card offers an opportunity to improve your credit score by making responsible purchases and paying on time. 

By offering a secured line of credit, the Self Visa Secured card allows you to use it just like any other credit card, while also helping you build a solid credit history.

This card requires a refundable security deposit, which serves as your credit limit, and the card issuer reports your activity to all three major credit bureaus.

This ensures that your positive credit behaviors are recorded, helping you build or rebuild your credit score over time. 

Unique Feature of the Self Visa Secured Credit Card

The unique feature of the Self Visa Secured Credit Card is its combination with the Self Credit Builder Account. This feature helps individuals not only establish credit through responsible card usage but also gives you the chance to save. 

As you make payments to the card, you’re also contributing to a savings account that you can access once your account is paid off. 

This dual benefit of building credit and saving money makes the Self Visa Secured Credit Card an excellent option for those looking to improve their financial future.

Pros and Cons

Pros:

• Reports to all three major credit bureaus: Build your credit with responsible usage, improving your credit history over time.
• No annual fee: Enjoy the benefits of a secured credit card without paying an annual fee.
• Refundable security deposit: Your deposit acts as your credit limit and is refundable once you close your account or upgrade to an unsecured card.
• Access to a savings account: Contribute to a savings account through your card payments, helping you save while building credit.
• Opportunity to upgrade: With responsible use, you may be able to upgrade to an unsecured card.

Cons:

• Requires a security deposit: You must make a refundable deposit to establish your credit limit, which may be a barrier for some.
• High APR: The APR can be relatively high, so it’s important to pay off your balance each month to avoid interest charges.
• Limited rewards or perks: Unlike other cards, the Self Visa Secured card doesn’t offer cash back or rewards for spending.
• Foreign transaction fees: The card charges foreign transaction fees, which could be a downside for international travelers.

How do I know if the Self Visa Secured is the best credit card for me?

The Self Visa Secured Credit Card is ideal for individuals who are looking to build or rebuild their credit. If you have poor or limited credit history and want to improve your score over time, this card can help you achieve that goal. 

By reporting to all three major credit bureaus, it helps you establish a credit history with responsible use.

Why do we like this card?

This card stands out because it offers an easy way to build credit without unnecessary complications. The lack of a credit check makes it accessible for those who may struggle to qualify elsewhere.

Another great feature is the ability to set your own credit limit through your deposit amount. This allows for better financial control while working toward a better credit score.

The reporting to all three major credit bureaus ensures that responsible card use has a positive impact. This can help users qualify for better financial opportunities in the future.

Overall, the Self Visa Secured card is a practical tool for anyone looking to establish or rebuild credit. With flexible options and a simple application process, it is a smart choice for many users.