0
What else can I help you with?
If you just came to USA recently on H1B and got a SSN and you need to start building your credit which is an optimal credit card?
I too am on H1B and got a SSN. The Wachovia and Bank Of America Secured card already declined me.
Will secured credit card improved my credit?
Will secured credit card improve my creddit
What is a secured credit card?
a credit card that is secured by a deposit of your own money
How do you know if your credit card is secured?
A secured credit card is a card on which you load money to be used by you. You will know if your credit card is secured if you must put money on it to use it.
What are the differences between a prepaid credit card and a secured credit card?
A prepaid credit card requires you to load money onto the card before using it, while a secured credit card requires a security deposit that acts as your credit limit. With a prepaid card, you are using your own money, whereas with a secured card, you are borrowing money that you have secured with a deposit.
Is a secured credit card considered a major credit card?
No, a secured credit card is not considered a major credit card. It requires a security deposit to establish a credit limit and is typically used to build or rebuild credit.
What is the typical APR on a secured credit card?
The typical APR on a secured credit card is around 20 to 25.
I can't get a credit card anywhere what can I do?
Try a secured credit card
How can one apply for a secured credit card?
One can apply for a secured credit card by phone or in person. Some banks also allow applicants to apply online on their website.A secured credit card is harder to qualify for than a regular credit card.
How might one obtain a Wachovia bank credit card?
Applications for a Wachovia Bank credit card can be found on their company website, as well as at your local branch office. Approvals can be either instant, or you will be contacted by Wachovia for additional information.
What is the difference between a credit card and a secured credit card?
A consumer credit card is issued to you on good faith that you will build debt and pay it off. A secured credit card is issued to you for the amount that you deposit into a secured savings account. The debt you charge to your card cannot exceed the amount that you have in your account. Once you show good faith that you are responsible enough to maintain your credit to debt ratio and pay your bills on time, the company may offer you a consumer card in place of the secured card. A secured credit card is a great way to establish credit.
What is the Difference Between a consumer credit card and a secured credit card?
A consumer credit card is issued to you on good faith that you will build debt and pay it off. A secured credit card is issued to you for the amount that you deposit into a secured savings account. The debt you charge to your card cannot exceed the amount that you have in your account. Once you show good faith that you are responsible enough to maintain your credit to debt ratio and pay your bills on time, the company may offer you a consumer card in place of the secured card. A secured credit card is a great way to establish credit.
