Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

U.S. Bank Secured Visa® Card review

Compare Compare  
Advertiser Disclosure

Annual Fee
Minimum Deposit
Interest Rate: Purchases
29.24% (Variable)
Balance Transfer
29.24% (Variable)

Informr score
The U.S. Bank Secured Visa® Card currently has an Informr score of 6.8 out of 10. This score is based on our evaluation of 9 sources including reviews from users and the web's most trusted critics.

Am I eligible?

U.S. Bank Secured Visa® Card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $300.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

Money Crashers
Money Crashers

The U.S. Bank Secured Visa® Card has a lot of advantages relative to other secured credit cards. It has no annual fee, which is relatively rare, and it doesn’t require a FICO score to qualify. The credit limit is flexible too — based on your initial deposit. But it’s not perfect by any means. With f...

- Brian Martucci, Money Crashers

If you can’t get approved for an unsecured credit card, a secured credit card mayhelp you build or establish your credit. The U.S. Bank Secured Visa is a fairly basic card. If you have the ability to fund a large deposit you can establish a higher credit line than typically available with a secured...

- Miranda Marquit, Investopedia

This plain vanilla secured card requires an extra large deposit and significant annual fee; but its APR is relatively low for a subprime credit card.

- Kelly Dilworth,

If you're looking for a no-frills secured credit card to help you build or rebuild your credit, the U.S. Bank Secured Visa is a decent option. The biggest hurdle is scraping together the cash for the required deposit.

- Funto Omojola, NerdWallet
Wise Bread
Wise Bread

The U.S. Bank Secured Visa Credit Card is ideal for those who are just starting out and have no credit, or have had credit issues in the past and are on the path to repairing their credit.

- Christina Majaski, Wise Bread


Interest Rates
Regular APR Interest Rate 29.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 29.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 29.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $29.00
Balance Transfer Fee 3%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee 2%

Of each transaction in U.S. dollars.


Of each transaction in foreign currencies.

Over Limit Fee $0.00
Late Payment Fee $41.00


Sign up bonus No
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Minimum Security Deposit $300
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with U.S. Bank Secured Visa® Card

Rate It: