A secured card requires a cash deposit. The deposit reduces the risk to the issuer, making these cards an option for people with bad credit. Many or all of the products on this page are from partners ...

Paul Soucy has led the Credit Cards content team at NerdWallet since 2015 and the Travel Rewards team since 2023; he is also director of content for Consumer Credit verticals. He was an editor with ...

Gabriel is an expert writer with over four years of experience crafting educational content about credit cards and other personal finance topics. His work has appeared on GoBankingRates and other ...

High-limit secured credit cards can better accommodate the daily spending of cardholders while keeping their credit utilization rate low to enhance their credit score. These cards offer higher credit ...

Secured credit cards are a type of credit card that requires a cash deposit as collateral, typically equal to the card’s borrowing limit. These cards are designed for individuals with poor or limited ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Discover cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like American Express or Chase.

Secured credit cards and unsecured credit cards feature many similar benefits. Both types of credit cards have the potential to help you establish a credit history and build your credit score. They ...