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Public Savings Bank Secured Visa

Offered by: Public Savings Bank

778 comments | Comment on this offer

Details

Purchase Intro Rate	0%
Purchase Intro Period	6 Months
Balance Transfer Intro Rate	N/A
Balance Transfer Intro Period	N/A
Regular APR	11.24%
Balance Transfer Rate	N/A
Cash Advance Rate	18%
Annual Fee	None
Late Fee	$20.00
Cash Advance Fee	See Terms
Balance Transfer Fee	None

Public Savings Bank Secured Visa features:

Build credit history – we report to all 3 major credit bureaus
0% APR on all purchases for the first 6 months
No annual fees or monthly maintenance fees
No credit check
No checking account required
Your credit is not a factor!
Choose your initial credit limit from $300-$2000
Four ways to fund your security deposit
Lifetime credit lines up to $5,000
25 day grace period
Free fraud protection against unauthorized use
No penalty APR
Use the card everywhere you see the Visa logo

Additional Details: Click here for Additional Details (Will launch in a new browser window)

See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Take Offer Now" button, you can review the credit card terms and conditions on Provider's website.

Comments

778 Total Comments

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Looks like this is a secured card with 0% apr. Not a prepaid card. Seems to be a good deal.

hayden987 1 year ago

Just a one time $79 fee. I'm not playing that game.

Shel 1 year ago

Why not? Other similar cards charge yearly fees.

Mike11212 1 year ago

how fast can this approve your credit my credit?

msladyb 1 year ago

IMHO, I think this is a good card if you need to rebuild your credit. It seems to be a better deal than the others because there is a 0% rate for 6 months and no annual fee. The other secured cards all have higher fees and no grace period. That's a big deal to me.

hayden987 1 year ago

whats the average credit score?

pixieduzt07 1 year ago

We don't have any of the data yet as they are a new partner. Given that it is a secured card, it may not matter.

CK Moderator

I have checked more than 50 websites and spent 2 whole days analyzing the different kind of credit cards with my score of 576 and I have come to conclusion that this is the best card you can find with poor credit.

The second best would be Orchard bank card which has really low fees as well. The best thing about Orchard is that if you visit their site, www.orchardbank.com and fill out info they will pre-approve you before you file the actual application. They have many card options and will offer you card which meets your needs best.

CsharpBsharp 1 year ago

@Hayden987, I have applied for it on May 14th and approval was instant since it is a secure card. Secure card means I had to deposit some money into their savings account.

Before I applied for it I used CreditKarma's simulator and it showed me that it doesn't matter if I open this account using $300 or $1000 it will still bring my score up equally. So what I did was I deposited $400 into Public savings bank account when I was filling out application. I had to just give my routing number and account number. I just saw on my bank site that my payment just got clear today and now I am waiting for my card.

For some reason up until yesterday my credit score was 576 on Transunion and 600 on Experian but today when I checked using credit karma soft inquiry it went up to 578 already, I don't know if it was affect of this card or something else but I am delighted I am finally seeing my credit going up.

I hope this Helps.

CsharpBsharp 1 year ago

You must put down a security deposit which will be your credit line. You also pay a 79.00 activation fee. =(

alysonleanne 1 year ago

bank of america is the BEST secured card out there no fees no monthly no start up no crazy stuff just a secured and after a year its a regular card with no crazy name. if theres an annual fee its minimal i didnt even notice it.Thanks last poster i was about to get this until I saw that last$79 fee. seriously bank of america is the best and orchard is the second but most people dont realize they can get orchard without being secured.

rayangel 1 year ago

Comment On This Offer

Credit Score Approval Data

Ideal for those with Very Poor Credit:

551

AVERAGE Credit Score Approved for this Card

453

LOWEST Credit Score Approved for this Card

† Credit Karma members have received approvals with these credit scores. Please note that because other factors such as income and employment status can affect credit card approval, these are only guidelines and approval is not guaranteed.