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Citi® Secured Mastercard® review

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Advertiser Disclosure

Annual Fee
$0.00
Minimum Deposit
$200.00
Interest Rate: Purchases
22.49% (Variable)
Balance Transfer
22.49% (Variable)


7.7/10
Informr score
The Citi® Secured Mastercard® currently has an Informr score of 7.7 out of 10. This score is based on our evaluation of 25 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Citi® Secured Mastercard® is typically available to those with good 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 $200.

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...


WalletHub

An inexpensive credit-building tool for people with limited credit. The Citi Secured Card has a $0 annual fee, reports account info to the major credit bureaus each month, and offers nearly guaranteed approval to applicants who can pay the card’s $200 refundable security deposit.

- John S Kiernan, WalletHub
SimpleMoneyLyfe

Overall, the Citi® Secured Mastercard® is an excellent choice if you have no credit history and seek to establish a credit score. Many secured credit cards charge annual fees on top of the security deposit, but the Citi® Secured Mastercard® is one of the few secured cards on the market that does not...

- Justin Estes, SimpleMoneyLyfe
Forbes

The Citi® Secured Mastercard®, from our partner Citi, offers a path to building credit for eligible applicants with limited credit. Unlike a debit card, it reports monthly credit history to all three major credit bureaus and doesn’t charge an annual fee. Access to a FICO score online helps cardholde...

- Justin Resuello, Chauncey Crail, Carolin, Forbes
MoneyUnder30

The Citi® Secured Mastercard® is an excellent choice for anyone in need of a secured credit card to build credit.  It’s best two features are a reasonable everyday APR and no annual fee.

- Margaret Wack, MoneyUnder30
NextAdvisor

A secured credit card could be the tool you need to jumpstart your credit journey. With no annual fee and a minimum deposit amount starting at just $200, Citi Secured Mastercard is a solid option to consider. Over time, the Citi Secured Mastercard can help you increase your credit score and build va...

- Holly Johnson, NextAdvisor

Details


Interest Rates
Regular APR Interest Rate 22.49% (Variable)

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

Balance Transfer Interest Rate 22.49% (Variable)

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

Cash Advance Interest Rate 25.24% (Variable)

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

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $40.00

Maximum

Promotions
Sign up bonus No
Rewards
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 Yes
Additional Benefits

Citi Identity Theft Solutions

Eligibility
Minimum Security Deposit $200
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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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.

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