Credit Builder Secured Visa® Credit Card

Credit Builder Secured Visa® Credit Card

Credit Builder Secured Visa® Credit Card

Credit Builder Secured Visa® Credit Card

Credit Builder Secured Visa® Credit Card

Card details

  • Set your own credit limit between $300 and $3,000 based on the amount you deposit into your Credit Builder Savings account.

  • Custom Credit Line - Increase your credit limit by adding funds in increments of $50 or more to the savings account.

  • Accrued Interest on Savings - The money in your savings account will earn interest, adding to your savings.

  • Automatic Reporting - We'll report your performance to the three major credit bureaus to help you build a credit history.

  • Upgrades Available - You can upgrade to an unsecured card with good performance. We'll periodically review your credit activity to see if you qualify. If you do, we'll let you know.

  • Custom Payment Date - If you are a new customer, you can choose either the 1st or 16th of each month as your payment date. Once your date is set, it can't be changed.

Rates, fees & offers

  • Annual fee


  • Rewards rate


  • Bonus offer


  • Intro APR


  • Ongoing APR

    APR: 23.24%, Variable

    Cash Advance: 23.24%, Variable APR

  • Foreign transaction fee


Recommended credit score

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NerdWallet review

By Robin Saks Frankel

Rating details


Editor's overall rating

Pros and cons

  • Qualify with limited / bad credit

  • Has annual fee

  • No rewards

  • High APR

The Credit Builder Secured Visa® Credit Card, issued by Armed Forces Bank, has an annual fee of $35 and, like most secured cards, it doesn't earn rewards — but it does offer some unique features that can be hard to find.

The card caters to those who are enlisted in or retired from military service, but civilians are also welcome to apply. You have to deposit at least $300 into an Armed Forces Bank Credit Builder Savings account in order to get it, but you can increase your credit limit by adding funds to that account.

Your security deposit will earn interest, and if you make your monthly payments on time and in full, Armed Forces Bank will periodically review your account to see whether you qualify for an unsecured card.

For more information, see NerdWallet's review of this card.