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.
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
 U.S. Bank Secured Visa | ||
|---|---|---|
Annual Fee$0 the first year, then $29 | Annual Fee$0 | Annual Fee$0 |
Regular APR18.00%, Variable | ||
Intro APRN/A | Intro APR10.99% intro APR on Balance Transfers for 6 months | Intro APRN/A |
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.
