Credit Builder Secured Card

5 Things to Know About the Armed Forces Bank Credit Builder Secured Card

The no-annual-fee card earns rewards, offers an upgrade path and even features some perks, which is a lot from a secured product — if you can swing the membership and security deposit requirements.

You don’t have to be in the military to get the Credit Builder Secured Visa® Credit Card from Armed Forces Bank, and it boasts some solid features, like allowing you to open a joint account and easily increase your credit limit. It also has a $0 annual fee, offers an upgrade path and reports to all three major U.S. credit bureaus.

Still, there are some caveats to be aware of, including a comparatively high minimum deposit requirement and a pesky hidden fee.

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