Am I eligible?
To get this card, you must also:
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...
- Reyna Gobel, Elisabeth Christopherson, The BalanceThe SKYPASS Visa Secured Card stands out as a secured card for travelers. Miles are earned in Korean Air’s SKYPASS program and can be redeemed and earned on their airline partners such as Delta.
- Mitchell Strohm, InvestopediaThe SKYPASS Visa Secured card can be a compelling choice for domestic and expat travelers who want to build their credit as they also earn miles towards airline tickets on Korean Air along with more than 20 airlines, including Delta, KLM and Air France. True, the card has a $50 annual fee, but its c...
- Miranda Marquit, LendEDUWith the SKYPASS Visa Secured credit card, you can rebuild your credit while earning travel rewards. However, it’s important to note that this isn’t the only good secured card available. Carefully consider your needs and shop around to see which secured credit card best helps you reach your goals.
- Christina Majaski, Wise BreadBest for those who are just starting out or are in the process of rebuilding credit, and frequently travel with Korean Air. It is important that you are able to take advantage of the bonus opportunities for the fees and expenses attached the card to be worth it.
- FinderThis card is a solid option for frequent travelers who are looking to build their credit history. Flexible credit limits and a rewards program make it a strong choice among other secured credit cards.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
16.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
16.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
25.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $50.00 |
| Balance Transfer Fee |
3% Minimum of $5 |
| Cash Advance Fee |
4% Minimum of $5 |
| Foreign Transaction Fee |
2% Of each transaction in U.S. dollars. 3% Of each transaction in foreign currencies. |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$40.00 Maximum |
| Promotions | |
| Sign up bonus |
Earn 5,000 bonus miles after your first purchase. |
| Rewards | |
| All Purchases | 1 mile for $1 spent |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | No |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | Yes |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | No |
| Virtual Cards | No |
| Eligibility | |
| Minimum Security Deposit | $300 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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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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