Our pick for a secured card with an intro APR: Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card
0%
Intro purchase APR
- 0% intro APR on purchases for 6 months
- Ongoing APR of 12.99% variable
- Relatively low $49 annual fee
Take a look and pick a low APR secured credit card that’s best for you.
For a secured card, consider the SDFCU Savings Secured Visa Platinum Card or the DCU Visa® Platinum Secured Credit Card.
Not only do they have low APRs, but they’re also excellent secured cards in general. Neither card has an annual fee, and it’s relatively easy to be approved for both cards.
To get this card, you need to become a member of the State Department Federal Credit Union (SDFCU). To do that, you can join the American Consumer Council for $5. You also need to open a SDFCU savings account with a minimum of $1. Learn more about how to join SDFCU.
Annual Fee | $0 |
---|---|
Purchase APR | 11.99% variable |
Balance transfer APR | 11.99% variable |
Welcome offer | N/A |
Rewards | 1x points on all purchases |
Annual Fee | $0 |
---|---|
Purchase APR | 11.5% variable |
Balance transfer APR | 11.5% variable |
Welcome offer | N/A |
Rewards | N/A |
These secured cards have low APRs but are held back by significant weaknesses. Before considering these cards, look into the two cards we list above. You can apply for the First Progress Platinum Prestige Mastercard® Secured Credit Card either over the phone or online. Most online reviews harp on the poor customer service.
You need to deposit at least $200 to open the card. On the plus side, however, you won't have to pay an annual fee. You can apply for this card if you're a member of the Navy Federal Credit Union. To join, you must be affiliated with the military.
We selected our top picks of secured credit cards by narrowing them down based on the APR. After that, we compared additional perks, such as the annual fee, minimum deposit and extra fees. We picked cards that stood out based on those factors. Our top picks from last year remain our favorites, so there are not many changes to look out for this year.Low fixed APR:
Applied Bank® Secured Visa® Gold Preferred® Credit Card
Min. credit score
Annual fee
Rewards
Welcome offer
Annual Fee
$48
Purchase APR
9.99% fixed
Balance transfer APR
N/A
Welcome offer
N/A
Rewards
N/A
Low variable APR with easy application:
First Progress Platinum Prestige Mastercard® Secured Credit Card
Min. credit score
Annual fee
Rewards
Welcome offer
Annual Fee
$49
Purchase APR
9.99% variable
Balance transfer APR
N/A
Welcome offer
N/A
Rewards
N/A
Low variable APR:
nRewards® Secured Credit Card
Min. credit score
Annual fee
Points
Welcome offer
Annual Fee
$0
Purchase APR
18% variable
Balance transfer APR
18% variable
Welcome offer
N/A
Rewards
1x points on all purchases
How we selected our top cards
What’s changed in 2021
While you should always strive to pay your balance in full each month, the low APRs on these secured credit cards can help lower your interest if you ever need to carry a balance.
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