SunTrust Secured Credit Card review

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Advertiser Disclosure

Interest Rate: Purchases
21.49% (Variable)
Balance Transfer
21.49% (Variable)
Rewards
1 - 2% cashback
Signup Bonus
-


7.2/10
Informr score
The SunTrust Secured Credit Card currently has an Informr score of 7.2 out of 10. This score is based on our evaluation of 5 sources including reviews from users and the web's most trusted critics.

Am I eligible?


SunTrust Secured Credit 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...


MyBankTracker

The SunTrust Secured Credit Card is a compelling choice for people who need a secured credit card. It offers cash back rewards, which is rare among secured credit cards. People who want to rebuild their credit would be well-served by this card. It is relatively easy to qualify for and provides many...

- Thomas (TJ) Porter, MyBankTracker
Money Crashers

A solid choice for consumers who want to earn cash back while they rebuild their credit. Thanks to SunTrust’s redemption bonuses for deposit account holders, it’s an even better deal for current SunTrust customers. And, unlike some competitors, it offers a clear path to unsecured status.

- Brian Martucci, Money Crashers
Finder

Though you’ll pay an annual fee, this card is among the rarer secured cards that come with fun cash back rewards. It’s backed by a trusted bank, but you’ll need to apply at a branch or over the phone to get started.

- Finder team, Finder
Beverly Harzog

The SunTrust secured card isn’t the best card out there when it comes to the APR, but if you don’t carry a balance, you can use this card to rebuild or establish credit history.

- Team Beverly Harzog, Beverly Harzog
Wise Bread

This card is best if you are in the process of establishing or reestablishing your credit rating, and want to earn cash back on gasoline and grocery store purchases. Because of the high APR, it is best for those who pay balances in full each month rather than carry them from month to month.

- Christina Majaski, Wise Bread

Details


Interest Rates
Regular APR Interest Rate 21.49% (Variable)

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

Balance Transfer Interest Rate 21.49% (Variable)

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

Cash Advance Interest Rate 26.49% (Variable)

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

Rates & Fees
Annual Fee $32.00
Balance Transfer Fee 3%

Minimum of $10

Cash Advance Fee 4%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases 1% cash back
Restaurants No
Gas 2% cash back (on first $6000 spent)

On annual combined purchase with groceries.

Groceries 2% cash back (on first $6000 spent)

On annual combined purchase with gas.

Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service Yes
Price Protection Yes
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments No
Eligibility
Minimum Security Deposit $300
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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Critic Reviews


MyBankTracker

Stands out from the crowd thanks to its rewards program

from MyBankTracker

The SunTrust Secured Credit Card is a compelling choice for people who need a secured credit card. It offers cash back rewards, which is rare among secured credit cards. People who want to rebuild their credit would be well-served by this card. It is relatively easy to qualify for and provides...More

The SunTrust Secured Credit Card is a compelling choice for people who need a secured credit card. It offers cash back rewards, which is rare among secured credit cards. People who want to rebuild their credit would be well-served by this card. It is relatively easy to qualify for and provides many of the perks of cards for people with better credit.

Read full review

Less

Money Crashers

Great choice for those who take their credit-building with a side of cash back

from Money Crashers

A solid choice for consumers who want to earn cash back while they rebuild their credit. Thanks to SunTrust’s redemption bonuses for deposit account holders, it’s an even better deal for current SunTrust customers. And, unlike some competitors, it offers a clear path to unsecured status.

Read full review

A solid choice for consumers who want to earn cash back while they rebuild their credit. Thanks to SunTrust’s redemption bonuses for deposit account holders, it’s an even better deal for current SunTrust customers. And, unlike some competitors, it offers a clear path to unsecured status.

Read full review

Less

Finder

For those who want to build or rebuild credit with the perk of cash back rewards

from Finder

Though you’ll pay an annual fee, this card is among the rarer secured cards that come with fun cash back rewards. It’s backed by a trusted bank, but you’ll need to apply at a branch or over the phone to get started.

Read full review

Though you’ll pay an annual fee, this card is among the rarer secured cards that come with fun cash back rewards. It’s backed by a trusted bank, but you’ll need to apply at a branch or over the phone to get started.

Read full review

Less

Beverly Harzog

A middle-tier secured credit card, but a pretty solid one

Beverly Harzog

The SunTrust secured card isn’t the best card out there when it comes to the APR, but if you don’t carry a balance, you can use this card to rebuild or establish credit history.

Read full review

The SunTrust secured card isn’t the best card out there when it comes to the APR, but if you don’t carry a balance, you can use this card to rebuild or establish credit history.

Read full review

Less

Wise Bread

Provides many features not yet available with many other secured credit cards

from Wise Bread

This card is best if you are in the process of establishing or reestablishing your credit rating, and want to earn cash back on gasoline and grocery store purchases. Because of the high APR, it is best for those who pay balances in full each month rather than carry them from month to month.

Read full review

This card is best if you are in the process of establishing or reestablishing your credit rating, and want to earn cash back on gasoline and grocery store purchases. Because of the high APR, it is best for those who pay balances in full each month rather than carry them from month to month.

Read full review

Less

User Reviews


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