DCU Card
Digital Federal Credit Union Secured Card Review: Low Costs, High Hurdles
A low interest rate and lack of fees are great upsides for people with bad credit, but you’ll need to jump through a few hoops to take advantage of this secured card.
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.
NerdWallet rating
DCU Visa® Platinum Secured Credit Card
Annual Fee
$0
Rewards Rate
N/A
Intro Offer
N/A
Intro APR
N/A
Regular APR
16.25% Variable
Recommended credit score
300-850 (Poor – Excellent)
Annual fee
$0
Rewards rate
N/A
Bonus offer
None
Intro APR
N/A
Ongoing APR
APR: 16.25% Variable APR
Penalty APR: Up to 18.00%, Variable
Balance transfer fee
None
Foreign transaction fee
None
- Could help with building or rebuilding your credit – with responsible use.
- No annual, balance transfer, foreign transaction, or cash advance fees
- Fraud notifications and the ability to freeze/unfreeze your credit card
- Great Visa benefits on travel, live music, and more.