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Secured Credit Cards with $0 Annual Fee

The 3 best secured credit cards with no annual fees

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Build your credit without worrying about a yearly charge.

Poor credit can be a roadblock to being approved for a card, but you have options to get around it. The first step you can take towards building your credit is applying for a secured credit card.

To use a secured credit card you’ll need to put down an initial security deposit. Once you use the card and begin making timely payments your credit score should slowly tick up assuming your card reports to the major credit bureaus.

Top secured credit cards with no annual fees

We highly recommend looking into these three secured cards if you don’t want to pay an annual fee: the Discover it® Secured, the Secured Mastercard® from Capital One®, and SDFCU Savings Secured Visa.

Secured credit card Annual fee Minimum deposit APR

Discover it® Secured

Discover it Secured Credit Card top pick

 $0 $200 25.24% variable

Secured Mastercard® from Capital One®

Capital One Secured MasterCard top pick

 $0 $49, $99 or $200 (depending on credit)

State Department Federal Credit Union Savings Secured Visa

State Department Federal Credit Union Savings Secured Visa top pick

 $0 $250 as low as 7.99%

5 reasons to get a secured credit card

Card-by-card rundown

We’ve scoured the market looking for the very best secured credit cards that specifically have no annual fees. Among these $0 annual fee cards, we also highlight what factors make these cards attractive.

Megan Horner

As the assistant publisher of credit cards at finder.com, Megan is passionate about helping you compare and find the best credit cards for your situation, whether that is earning great rewards or improving your credit score. In her previous position, Megan worked as an assigning editor at Credit Karma, where she focused on editing and publishing educational articles on credit cards. Megan started her career as a writer at a comparison website, so she has a longstanding background in surfacing the best deals and helping people make decisions. In her spare time, Megan likes to hike, camp, surf, and read.

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