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$39
Annual fee
18.9%
Purchase APR (fixed)
300
Recommended credit score
Review by
Kliment Dukovski is a cryptocurrency and investments writer who has written over 700 articles to help readers find and compare the best financial options. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange and stock market trading.
The PCB Secured Visa® is a credit card designed for building your credit score. Being a secured card means you have to make a deposit from $200 up to $1,000 to act as your credit limit. This is basically a collateral that guarantees you’ll pay your balance. If you want to close your account, PCB will return your deposit as long as you don’t have any outstanding debt.
As far as secured cards go, the PCB Secured Visa® doesn’t stand out much from the crowd; it reports your activity to the three major credit bureaus — Experian, Equifax and TransUnion, which is a must for any credit-building card. Plus, you can increase your credit limit to up to $5,000 from your second year of card membership with additional deposits.
On the downside, the card costs $39 annually. This is in line with most secured credit cards, and it’s a small price to pay for a chance to build your credit.
Applying for the card is pretty straightforward. Here’s how to do it:
You can apply with any credit score or with no credit history.
The PCB Secured Visa® is a standard secured credit card that requires a deposit of between $200 and $1,000. It reports to all three major credit bureaus — Experian, Equifax and TransUnion, and it costs $39 annually. If this card isn’t right for you, consider comparing other secured credit cards that can help you build credit.