A secured card works like a regular credit card for purchases while also helping the cardholder rebuild or establish better credit. Once approved, the applicant makes a security deposit which determines the accounts credit limit. With regular use and on time payments your credit score will benefit opening up options for other types of credit cards.

Like all Golden 1 credit cards, this card does not have an annual fee. It does however have a late payment fee and fee for doing a Balance Transfer, Cash Advance or Foreign Transactions. Please refer to the Member First Application Disclosure for details.

The security deposit for the secured credit card serves as collateral. This is a refundable deposit that earns interest while the account is open. Your credit limit will be equal to the amount of the deposit, between $250 - $3,000.

All Golden 1 credit cards are chip enabled for greater security and easy tap to pay functionality and all include zero liability so you are protected should you see an unauthorized charge as long as you report it promptly. You can also manage your card 24/7 in online and mobile banking. Here you can review transactions, suspend your card if you've misplaced it but aren't ready to call it lost or stolen and set up alerts to be proactively notified of transactions or establish spend limits.