Stack Exchange Network

Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [secured-credit-card]

Credit card secured against a deposit.

2
votes
1answer
78 views

How long should someone wait to apply for a secured credit card after having been deliquent on a loan payment?

Someone failed to make payments on a college loan for an extensive period (8-10 months). Their credit score has, as a result, dropped to 550-575. They have since paid off their overdue balance and ...
0
votes
1answer
60 views

Credit card money transfer

I have a job offer where I would be purchasing items with the company's money with them transferring money to my credit card account without the card number, is that possible some how? Dino
1
vote
1answer
284 views

Are Secured Credit Cards offered in Hong Kong?

My relative will be moving from Canada (that does have Secured Credit Cards) to Hong Kong, but has no credit in Hong Kong and hopes to start building her credit. Thanks. Canada and the US have them....
2
votes
2answers
55 views

What options exist for moving from a secured credit card to an unsecured one?

I am pushing my younger brother though college. He's 18 and he's my dependent. I want him to get all straight "A"s so, he will not work until graduates from college. Meanwhile, I want to start his ...
6
votes
2answers
593 views

Will I ever lose money if I always pay the credit card bill on time?

One last thing I am pondering before getting a secured credit card. Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on new purchases, ...
0
votes
2answers
700 views

If I paid my credit card but it didnt post to my bank, will future payments go on this bill or my next bill?

I got a secured credit card like 2 weeks ago. I didn't know how the billing cycle worked so I paid the 20 dollar balance yesterday. The payment is still pending and hasn't shown up on my bank account ...
1
vote
2answers
218 views

In Canada, how bad must your credit be for a denial of a Secured Credit Card?

My sister who lives in Canada: had 2 separate bankruptcies in the past, all of which have been discharged for 2 years as of February 2016. currently has no debts or (Secured) Credit Cards. but ...
6
votes
2answers
15k views

Can merchants tell the difference between a secured or unsecured credit card?

When I'm new in a country, the only credit card I can get might be a secured credit card. I would need a credit card because I want to be able to rent cars. Does it make any difference whatsoever ...
4
votes
0answers
135 views

Most Efficient Spending Habits To Build Credit Given My Circumstances [duplicate]

I had a question regarding building credit. I have no past credit history, and just opened a secured card with a $200 credit to help me build mine (yes, it reports to all 3 bureaus). I currently have ...
2
votes
1answer
203 views

How large is the market for Secured Credit Cards?

I've been looking around but I can't find a hard statistic on how large the secured credit card industry is. I just keep either finding advertisements or advice on them when I search. In fact I can't ...
2
votes
0answers
285 views

How can I significantly increase my credit score using cash? [closed]

I would like to improve my credit score^ by throwing money at it rather than by waiting several more years for a ding to disappear from it. I've read several good questions and answers here about ...
1
vote
5answers
2k views

What is the best credit card for someone with no credit history

A little background, I've never had a credit card and I'm seriously due for a credit check as I've never had one. I've applied to numerous credit cards and I've been declined every time. I hold a ...
4
votes
4answers
305 views

Will getting a secured credit card to buy a single expensive item hurt my credit or help it?

I want to buy a single high priced item for myself before the new year and I'd like to know if getting a secured credit card for, say, $1500.00 and then maxing it out to buy this single item will help ...
13
votes
3answers
1k views

Using a secured credit card to build a credit score for a new permanent resident

I am a new permanent resident in the US (originally from the Netherlands) and married to an American citizen. I am not used to the credit score system as they use it in the US, so this is all new to ...
5
votes
1answer
760 views

Keeping your statement balance below ~30% of your credit limit

I read Little Advisor's article How does that thing with the credit cards work, again? According to the article, you should always keep your balance below 30% of your credit limit. However, I just ...
12
votes
1answer
630 views

Myth, or not: If using a secured card to build credit, paying off in part each month has more benefit than paying in full?

Does paying off a secured credit card in full each month not allow me to build a credit history? I'm asking because reading about regular credit cards indicates that paying in full helps build a good ...
10
votes
2answers
2k views

How should I apply for another credit card after being denied twice already?

I'm trying to get my first credit card solely to build a score, I don't need any loan or anything right now. For doing this, I applied to Chase two months ago (because I've had a debit card from them)...
4
votes
1answer
190 views

Advise for closing secure credit card

I have a secure credit card with $300 limit in Wells Fargo bank. I was thinking that they will graduate my secure credit card to a regular one after a year. However, it turns out they do that only for ...
3
votes
1answer
477 views

Better ask for secured credit card rightaway or risk asking for an unsecured credit card first, the secured credit card later if it does'nt work out?

I had applied to DCU for a share-secured credit card, over the phone, but today I came to know they lost my application! The application number they gave me does not turn up anything and when they ...
5
votes
2answers
4k views

Ramifications of closing my Wells Fargo cash secured credit card only 3 months after opening

How do I continue using my Wells Fargo cash secured credit card once they change their ToS and start charging a $15+ monthly account service fee in addition to the $18 secured credit card fee from ...
10
votes
3answers
398 views

Are there advantages to getting a “secured” credit card, if you have poor credit?

I've heard about "secured" credit cards - where you basically pre-pay the amount of your "credit card" limit - surely your use of this type of card is evident on your credit report, and the advantage ...