If you’re new to credit or rebuilding your financial profile, a secured credit card is one of the best tools to establish a strong credit history. In 2025, issuers continue to offer competitive secured cards with low fees, credit reporting benefits, and even rewards.
In this post, we’ve handpicked the best secured credit cards in 2025 based on reliability, features, and long-term credit-building value.
What Is a Secured Credit Card?
A secured credit card requires a refundable deposit as collateral. Your credit limit is usually equal to your deposit. These cards report to the three major credit bureaus (Experian, Equifax, and TransUnion), helping you build a credit history when used responsibly.
Best Secured Credit Cards of 2025
1. Discover it® Secured Credit Card
Best for Rewards and No Annual Fee
-
Annual Fee: $0
-
APR: 27.24% variable
-
Minimum Deposit: $200
-
Credit Reporting: Yes – all 3 bureaus
-
Rewards:
-
2% cash back at restaurants and gas stations (up to $1,000 quarterly)
-
1% cash back on all other purchases
-
Cashback Match at the end of year one
-
Why it stands out:
It’s rare for a secured card to offer rewards. This card also reviews your account for an upgrade to an unsecured version after 7 months.
2. Capital One Platinum Secured Credit Card
Best for Low Security Deposit
-
Annual Fee: $0
-
APR: 29.74% variable
-
Minimum Deposit: $49, $99, or $200 (based on creditworthiness)
-
Credit Reporting: Yes
-
Upgrade Path: Reviewed for credit line increases after 6 months
Why it stands out:
You can get a $200 credit line with a deposit as low as $49, making it extremely accessible for low-budget users.
3. Chime Credit Builder Visa® Secured Credit Card
Best for No Fees and No Credit Check
-
Annual Fee: $0
-
APR: 0%
-
Minimum Deposit: Flexible (via Chime account)
-
Credit Reporting: Yes
-
Requirements: Must have a Chime Checking Account and direct deposit
Why it stands out:
There are no interest charges, annual fees, or credit checks. Your spending limit is tied to your security deposit held in your Chime account.
4. Capital One Quicksilver Secured Cash Rewards Card
Best for Flat-Rate Cash Back
-
Annual Fee: $0
-
APR: 29.74% variable
-
Minimum Deposit: $200
-
Rewards: 1.5% cash back on all purchases
-
Credit Reporting: Yes
Why it stands out:
Offers the same cash-back rate as many premium cards. Great for those who want to earn while they build credit.
5. OpenSky® Secured Visa® Credit Card
Best for No Credit Check
-
Annual Fee: $35
-
APR: 24.64% variable
-
Minimum Deposit: $200
-
Credit Reporting: Yes
Why it stands out:
Approval doesn’t require a credit check, making it a go-to option for people with very poor credit or no credit history at all.
How to Choose the Right Secured Card
When selecting a secured credit card, consider the following:
-
Fees: Avoid cards with high annual or monthly fees.
-
Reporting: Make sure the card reports to all 3 credit bureaus.
-
Deposit Flexibility: Some issuers allow deposits below $200.
-
Upgrade Path: Look for cards that offer a transition to unsecured status.
-
Rewards (Optional): If you’re confident in usage, consider a rewards-secured card.
Best Practices for Building Credit with a Secured Card
-
Pay On Time: Your payment history is the most important credit score factor.
-
Keep Utilization Low: Use less than 30% of your credit limit.
-
Check Your Credit Reports: Monitor progress and dispute any errors.
-
Avoid Carrying a Balance: Pay in full each month to avoid interest.
Frequently Asked Questions (FAQ)
1. Will applying for a secured credit card hurt my score?
Only temporarily. A hard inquiry may slightly lower your score, but regular on-time payments will improve it.
2. How fast can I build credit with a secured card?
In 3–6 months, you can see improvements if you manage the card responsibly.
3. Can I get my deposit back?
Yes. Once you close the account in good standing or qualify for an unsecured card, the deposit is refunded.
4. Can I have more than one secured card?
Yes, but it’s better to start with one and build your credit before adding others.
5. Are there any secured cards without a credit check?
Yes. Chime and OpenSky are two options that do not require a credit check.
Conclusion
Secured credit cards are powerful tools for rebuilding or starting your credit journey. The key is using them responsibly, choosing the right card for your situation, and understanding the terms.
Whether you prefer rewards, low deposits, or no credit checks, there’s a secured card in 2025 that fits your financial goals.
Take action today — apply for the right secured card and begin building a strong financial future.
