Digital Federal Credit Union Secured Card Review: Low Costs, High Hurdles

A low interest rate and lack of fees are great upsides for people with bad credit, but you’ll need to jump through a few hoops to take advantage of this secured card.
Mar 9, 2022

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Our Take

3.6

NerdWallet rating 
The bottom line:

This consumer-friendly card keeps costs low. But be advised that you have to join the issuing credit union to be eligible to apply, and the security deposit is hefty.

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Digital Federal Credit Union Visa Platinum Secured Credit Card
DCU Visa® Platinum Secured Credit Card
Annual fee
$0
Regular APR
11.75% Variable
Intro APR
N/A
Rec. credit score
300-850 (Poor - Excellent)

Methodology

NerdWallet reviews credit cards with an eye toward both the quantitative and qualitative features of a card. Quantitative features are those that boil down to dollars and cents, such as fees, interest rates, rewards (including earning rates and redemption values) and the cash value of benefits and perks. Qualitative factors are those that affect how easy or difficult it is for a typical cardholder to get good value from the card. They include such things as the ease of application, simplicity of the rewards structure, the likelihood of using certain features, and whether a card is well-suited to everyday use or is best reserved for specific purchases. Our star ratings serve as a general gauge of how each card compares with others in its class, but star ratings are intended to be just one consideration when a consumer is choosing a credit card. Learn how NerdWallet rates credit cards.