U.S. Bank Secured Visa

U.S. Bank Secured Visa

U.S. Bank Secured Visa

U.S. Bank Secured Visa

U.S. Bank Secured Visa

Card details

  • Zero Fraud Liability - You are not responsible for unauthorized transactions if your U.S. Bank Secured Visa card is ever lost or stolen.

  • Fraud Protection detects and notifies you of any unusual card activity to help prevent fraud.

  • Auto Rental Insurance - It s yours automatically - at no extra cost - when you charge your entire car rental on your U.S. Bank Secured Visa Card and decline the rental company s collision damage waiver option. Coverage on a 24-hour basis for damage due to collision or theft.

  • View Rates and Fees

Rates, fees & offers

  • Annual fee

    $0 the first year, then $29

  • Rewards rate

    N/A

  • Bonus offer

    None

  • Intro APR

    N/A

  • Ongoing APR

    Purchase: 19.49%, Variable

    Cash Advance APR: 28.49%, Variable

  • Balance transfer fee

    3%

  • Foreign transaction fee

    3%

Recommended credit score

Compare to other cards

US Bank Secured Visa Credit Card

U.S. Bank Secured Visa

Annual Fee

$0 the first year, then $29

Annual Fee

$0

Annual Fee

$0

Regular APR

19.49% Variable

Rates & Fees

Regular APR

13.99% - 23.99% Variable APR

Regular APR

22.99% Variable APR

Rates & Fees

Intro APR

N/A

Intro APR

0% on Balance Transfers for 18 months

Intro APR

10.99% intro APR on Balance Transfers for 6 months

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Just tell us some details and see which card matches your needs most.

Just tell us some details and see which card matches your needs most.

NerdWallet review

By Kevin Cash

Rating details

3.4

Editor's overall rating

Pros and cons

Pros
  • Qualify with limited / bad credit

Cons
  • Has annual fee

  • No rewards

  • High APR

If you have bad credit or no credit at all, signing up for a secured credit card is a smart way to build your credit score. The U.S. Bank Secured Visa is a solid choice. Like other secured cards, this card requires an initial deposit upon approval, with a recommended minimum of $300. The deposited amount acts as collateral against spending and ultimately represents your credit limit.

A unusual feature with this card is a slightly longer grace period for payments. Most cards include a range of 20 to 25 days for bill payment, but the U.S. Bank Secured Visa stretches that to 24 to 30 days. This means more time to pay your bill, helping you to potentially avoid a late payment.

With the U.S. Bank Secured Visa, the $0 the first year, then $29. The ongoing APR is 19.49% Variable — on the lower end compared with other secured cards. Still, we recommend paying your bill in full every month, especially if your goal is to build your credit score.

For more about this card, see our full review.