Best Secured Credit Cards of 2018

Claire Tsosie

Last updated on December 11, 2018

At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here’s how we make money.

We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

Building credit takes time. Start with a secured card, use it wisely, and you’re on your way up.

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Our pick for

Low deposit

Capital One Secured Mastercard Credit Card

on Capital One's secure website

on Capital One's secure website

Annual Fee

$0

Regular APR

26.99% Variable APR

Intro APR

N/A

recommended credit score

Our pick for

Rewards

Discover it Secured Credit Card

on Discover's secure website, or call (800) 347-0264

Rates & Fees

on Discover's secure website, or call (800) 347-0264

Rates & Fees
Annual Fee

$0

Regular APR

24.99% Variable APR

Intro APR

10.99% on Balance Transfers for 6 months

recommended credit score

Our pick for

Bad credit or no bank account

Capital Bank Open Sky Secured Credit Card

on Capital Bank's secure website

on Capital Bank's secure website

Annual Fee

$35

Regular APR

19.39% Variable APR

Intro APR

N/A

recommended credit score

Summary of Best Secured Credit Cards of 2018

Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
Capital One Secured Mastercard Credit Card

Capital One® Secured Mastercard®

on Capital One's secure website

Low deposit

N/A

26.99% Variable APR

$0

on Capital One's secure website

Discover it Secured Credit Card

Discover it® Secured

on Discover's secure website, or call (800) 347-0264

Rewards

10.99% on Balance Transfers for 6 months

24.99% Variable APR

$0

on Discover's secure website, or call (800) 347-0264

Capital Bank Open Sky Secured Credit Card

OpenSky® Secured Visa® Credit Card

on Capital Bank's secure website

Bad credit or no bank account

N/A

19.39% Variable APR

$35

on Capital Bank's secure website

Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
Capital One Secured Mastercard Credit Card

Capital One® Secured Mastercard®

on Capital One's secure website

Low deposit

N/A

26.99% Variable APR

$0

on Capital One's secure website

Discover it Secured Credit Card

Discover it® Secured

on Discover's secure website, or call (800) 347-0264

Rewards

10.99% on Balance Transfers for 6 months

24.99% Variable APR

$0

on Discover's secure website, or call (800) 347-0264

Capital Bank Open Sky Secured Credit Card

OpenSky® Secured Visa® Credit Card

on Capital Bank's secure website

Bad credit or no bank account

N/A

19.39% Variable APR

$35

on Capital Bank's secure website

Methodology

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.

Last updated on December 11, 2018

To recap our selections...

NerdWallet's Best Secured Credit Cards of 2018