Meet the Self Visa^® Credit Card

What is a secured credit card?

The Self Visa Credit Card is a secured credit card, meaning it’s backed by your own money. To open your account, you’ll make a security deposit of at least $100. That deposit becomes your credit limit, which is the amount you can spend with the card. Your credit limit isn't a one-time balance, like a prepaid debit card - it's money you can borrow, pay back, and use again. You can spend up to your limit, then pay down or pay off your balance by the due date. Once you pay, that amount opens back up on your limit, so you can spend up to that limit again the following month. For example, say your limit is $200. You spend $150 one month on things like groceries or gas. When your due date comes, you pay off that $150. Now you have your full $200 available to use again the next month. Compared to traditional credit cards, secured cards are typically easier to qualify for. That makes them a good option for people who are new to credit or working to rebuild their score. With on-time payments and responsible use, the Self Visa Credit Card can help you build credit over time.