These cards require an upfront cash security deposit of a few hundred dollars, which then becomes your spending limit. (valuepenguin.com)
It is an efficient way for the investors to express their views on the market, at a cost which is much lower than if they were to be trading cash securities. (adigitalblogger.com)
A secured credit card — a credit - building card where your own cash security deposit acts as your credit limit — may have been the ideal choice when you had zero credit history. (policygenius.com)