Applied Bank Secured Visa Gold Card

This credit card is perfect for those who want many benefits and enjoy all related advantages.

Credit Card

Applied Bank Secured Visa Gold Card

Flexible cash back Easy application

Credit card perfect for those who want to enjoy all related advantages.

How to Apply You will remain on the current site

Trying to build or rebuild your credit? The Applied Bank Secured Visa Gold Card makes it simple with no credit check or minimum score required. It’s designed to help you establish a positive credit history while reporting to all three major credit bureaus. 

But there are some costs and rules you’ll want to consider first. Is this the right card for you? Keep reading to find out.

No credit check or minimum score

The Applied Bank Secured Visa Gold Card stands out because it doesn’t require a credit check or a minimum credit score to apply. This makes it a great option for people with poor or no credit history.

To get started, you make a security deposit between $200 and $1,000, which becomes your credit limit. The card reports your activity to all three major credit bureaus, helping you build credit when you make on-time payments.

If you’ve been struggling to get approved for a card, this one offers a straightforward way to begin improving your credit score.

Pros and cons 

This card has benefits and drawbacks. Let’s take a quick look at the most important ones.

Pros

• No credit check or minimum score needed.
• Reports to all three credit bureaus.
• Fixed 9.99% APR.

Cons

• $48 annual fee.
• No rewards program.
• Interest starts from the transaction date.

Is the applied bank secured visa gold the right card for you?

This card works best for people focused on building or rebuilding credit. If you have bad credit or no credit history, it gives you a simple way to start improving your credit score. 

The fixed APR of 9.99% is predictable, but keep in mind that interest starts accruing immediately on purchases, so paying your balance quickly is key.

The $48 annual fee might be worth it if you need a card that’s easy to qualify for. However, if you want rewards or better terms, like a grace period for interest, you might want to explore other secured cards. Consider your financial situation and whether this card’s features meet your needs.

Why do we like this card?

The Applied Bank Secured Visa Gold Card is great for people who need a straightforward way to start building credit. It doesn’t require a credit check, so it’s accessible even if your credit history isn’t great.

The fixed 9.99% APR is lower than many other cards, which can save money on interest if you carry a balance. Plus, the card reports to all three major credit bureaus, so responsible use can help improve your credit score over time.

That said, it’s not a card for rewards or everyday spending. The lack of a grace period for interest and the annual fee make it less appealing for long-term use. But if your main goal is to build credit, this card can be a good starting point.