Best Secured Credit Cards
Build or rebuild your credit with secured credit cards that require a security deposit. Many offer graduation to unsecured cards and rewards.
Discover it Secured
Best Rewards Secured Card
Capital One Platinum Secured
Lowest Deposit Option
Citi Secured Mastercard
Best for Credit Building
Best Secured Credit Cards in Canada
Canadian residents can build credit with these secured credit card options designed specifically for the Canadian market.
Neo Secured Mastercard
Best for Rewards
Home Trust Secured Visa
Most Flexible
Capital One Guaranteed Secured
Guaranteed Approval
Secured Tims Mastercard
Best for Coffee Lovers
Canadian Credit Building Tip: These secured cards report to Canadian credit bureaus (Equifax and TransUnion Canada) and can help you build a strong credit history in Canada. Make on-time payments and keep your utilization below 30% for best results.
Secured Credit Card Guide
How Secured Cards Work
- Requires a refundable security deposit
- Deposit typically equals credit limit
- Reports to all three credit bureaus
- Can graduate to unsecured card
Benefits of Secured Cards
- Easier approval than unsecured cards
- Builds credit history effectively
- Some offer rewards programs
- Deposit is refundable when closed
Secured Card Resources
CFPB Credit Card Tools
Official government resources for understanding secured credit cards and how they help build credit.
FTC Credit and Loans Guide
Federal Trade Commission guidance on secured credit cards and responsible credit building strategies.
Free Annual Credit Report
Monitor your credit building progress with free credit reports from all three major credit bureaus.
Experian Credit Education
Learn about secured credit cards, credit building strategies, and how to maximize your credit score improvement.
Credit Karma Financial Advice
Free credit monitoring and educational resources for people using secured cards to build credit.
NerdWallet Secured Card Guide
Expert advice on choosing the best secured credit card and using it effectively to build credit.