A secured credit card affords you all
the benefits of a regular credit card with just a few exceptions.
These credit cards offer many of the same features and
benefits of regular credit cards with the low introductory rates, cash back and reward programs.
Not exact matches
It gives you many
of the same
benefits as a
regular credit card, but you're required to make a refundable, upfront deposit to open the account.
An additional
benefit of the secured
credit cards is that typically after six months to a year
of on - time,
regular payments,
credit scores will improve enough to allow for a consumer's approval for a traditional unsecured
credit card.
Most
of the time, this
benefit is a free one that just comes with your
regular credit card, although,
of course, restrictions may apply as to how you can use this
benefit.
Typically, these accounts will not offer the
benefits or features
of a
regular credit card, excluding annual fees.
Charge
cards often come with a more premium level
of rewards or cardholder
benefits than those offered with a
regular credit card.
CreditDonkey thought that exploring the
benefits of a
credit card from this popular online service would help with that answer, particularly for die - hard online shoppers who use PayPal on a
regular basis.
Look into those types
of extra perks, which often come on top
of regular credit card benefits including different types
of insurance, fraud liability protection, and purchase protection.
An introductory offer allows you to see the
benefits of your
card even if it is a
credit card you might not use on a
regular basis.
Current Offer No annual fee, and all the
credit building
benefits with responsible
card use Unlike a prepaid
card, it builds
credit when used responsibly, with
regular reporting to the 3 major
credit bureaus You will get an initial $ 200
credit line after making a security deposit
of $ 49, $ 99, or $ 200, determined based on your creditworthiness
The
benefits of being a cardholder include a free companion flight annually when you are redeeming your miles, earn up 2400 free Air Miles whenever you load your
credit card with $ 3000 within the first three mounts after joining the program, as well as access to the exclusive Air Miles FlexFly program that gives you access to flights, airlines and departure times that you wouldn't get in the
regular Air Miles program.
Citi ® Secured Mastercard ® gives you many
of the
benefits you might be used to from
regular credit cards, including the freedom to use the
card at any merchant or ATM which accepts Mastercard, complimentary travel insurance (including trip cancellation and interruption insurance), purchase protection and extended warranty.