Helps you establish a credit history that will benefit you now and in the future.
You deposit anywhere from $300 up to $10,000 into a Bank of America security deposit account. Your credit line will directly reflect the amount of your deposit.
Then make purchases with your card up to the amount you have in your security deposit account.
Pay at least the minimum payment before the due date each month. Paying off your credit card balance in full each month instead of carrying a balance may help. Your security deposit does not cover minimum payments.
Based on your credit and payment history with your secured card, you may qualify for an unsecured card at a later date.
* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply" button, you can review the credit card terms and conditions on Discover's website.
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purposes only. CardTrak® does not have any involvement or can in any way
guarantee approval for any credit card listed. The approval for a credit card
is solely based on the issuing bank’s criteria. CardTrak® takes reasonable care
to assure the accuracy of the information contained herein, but is not
responsible for any errors or omissions. By clicking the "Apply Now" button,
you will be transferred to the issuing bank's website where you should review
and confirm rates and terms before applying. All questions should be directed
to the issuing bank only.
