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...
- Thomas (TJ) Porter, MyBankTrackerThe 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...
- Lindsay VanSomeren, Chip Stapleton, The BalanceIt isn’t as flashy or well-known as the secured cards from some of the major card issuers. Still, we think this card is worth taking a second glance at because, unlike most other secured cards, it offers rewards for your spending and you’ll even earn interest on your security deposit.
- Brian Martucci, Money CrashersA 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.
- Finder team, FinderThough 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.
- Team Beverly Harzog, Beverly HarzogThe 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.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
19.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
19.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
24.99% (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 |
| Virtual Cards | No |
| Additional Benefits |
Mastercard ID Theft Protection |
| 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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