The Public Savings Bank Classic Secured VISA Card, issued by Public Savings Bank, is ideal for those who are trying to improve their credit. This is because Public Savings Bank reports card activity to all three major credit bureaus every month.
Because the Public Savings Bank Classic Secured VISA Card is a secured credit card, all applications are accepted, regardless of past credit history, or a lack of credit history. A secured credit card is one that is secured with a deposit. The amount of the deposit then becomes the cardholder's credit limit. The minimum deposit for this card is $300, the maximum is $2,000.
The interest rate for the Public Savings Bank Classic Secured VISA Card is reasonably low, and the Public Savings Bank Classic Secured VISA Card has no annual fee. The application fee is $75.
Applicants who are interested in improving their credit by using a low interest secured credit card will be best served by what the Public Savings Bank Classic Secured VISA Card has to offer.
Most Attractive Feature(s):
Reports to all 3 major credit bureaus monthly.
Least Attractive Feature(s):
Interest not earned on deposit amount.