The Ultimate Guide to Credit Cards
Tuesday, March 19, 2024

7 Best Secured Credit Cards: No Credit Check (March 2024)

Secured Credit Cards No Credit Check
Brittney Mayer

Written by: Brittney Mayer

Brittney Mayer
Brittney Mayer

Brittney is a Credit Strategist and Finance Expert who has spent years honing her knowledge of the credit industry both personally and professionally. Brittney applies her more than a decade of research experience to crafting in-depth consumer guides designed to help CardRates readers make better, more informed financial decisions.

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Edited by: Lillian Guevara-Castro

Lillian Guevara-Castro
Lillian Guevara-Castro

Lillian Guevara-Castro brings more than 30 years of editing and journalism experience to the CardRates team. She has written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times, and she previously served as an adjunct journalism instructor at the University of Florida. Today, Lillian edits all CardRates content for clarity, accuracy, and reader engagement.

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Reviewed by: Ashley Fricker

Ashley Fricker
Ashley Fricker

Ashley Fricker has more than a decade of experience as a finance contributor and editor, and has specialized in the credit card industry since 2015. Her credit card commentary is featured on national media outlets that include CNBC, MarketWatch, Investopedia, and Reader's Digest, among many others. She has worked closely with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets to curate comprehensive content and media. Ashley holds a bachelor's degree in multimedia journalism from Florida Atlantic University.

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Advertiser Disclosure

Avoidance is a tactic we all use to save ourselves from pain, sadness, boredom, or simply an uncomfortable situation. We also do it out of fear — like the fear of rejection. Yes, the same thing that kept you from asking out your teenage crush doesn’t simply go away when you graduate.

And bad credit doesn’t help. With bad credit, the fear of rejection can stop you from applying for the credit you need to improve your score, leaving you feeling trapped with a low score forever.

But while some credit card issuers will skip the credit check, most will insist on checking you out before offering credit, even for a secured card. But a credit check doesn’t have to mean instant rejection; many issuers will approve bad-credit applicants despite a poor credit report. In this article, we’ll explore some of the best secured credit cards — no credit check cards may be tough to come by though. But that doesn’t mean you should accept defeat.

No Credit Check | No Minimum Score | No History Required | Upgradable | Businesses

Best Secured Cards with No Credit Check

In general, nearly every credit card application will require a credit check. Credit card companies want to get an idea of your credit risk, true, but they also need to do things like verify your identity and gauge what size credit line to offer.

Issuers who won’t do a credit check for new applicants are rare, though there are a few. If you already have a credit card with a specific issuer, you may be able to apply for another card from the same issuer without a hard credit pull. Credit unions may also forgo credit checks for existing members.

OpenSky® Secured Visa® Credit Card Review

at Capital Bank N.A.'ssecure website

  • No credit check to apply. Zero credit risk to apply!
  • Looking to build or rebuild your credit? 2/3 of cardholders receive a 48+ point improvement after making 3 on-time payments
  • Extend your $200 credit line by getting considered for an unsecured credit line increase after 6 months, no additional deposit required!
  • Get free monthly access to your FICO score in our mobile application
  • Build your credit history across 3 major credit reporting agencies: Experian, Equifax, and Transunion
  • Add to your mobile wallet and make purchases using Apple Pay, Samsung Pay and Google Pay
  • Fund your card with a low $200 refundable security deposit to get a $200 credit line
  • Apply in less than 5 minutes with our mobile first application
  • Choose the due date that fits your schedule with flexible payment dates
  • Fund your security deposit over 60 days with the option to make partial payments
  • Join over 1.2 million cardholders who’ve used OpenSky to build their credit
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
25.64% (variable)
$35
Poor

Applicants will need to make a deposit of at least $200 to open this card, though you can put down up to $3,000 for a larger credit line (subject to approval). This card is one of the few that outright advertises no credit check for applicants, though some evidence suggests it may result in a soft credit pull if you want to make a larger deposit for a higher credit line; soft credit pulls don’t impact your credit score.

First Progress Platinum Prestige Mastercard® Secured Credit Card Review

at First Progress'ssecure website

SECURED RATING

★★★★
4.2

OVERALL RATING

  • 1% Cash Back Rewards on payments
  • Choose your own credit line - $200 to $2000 – based on your security deposit
  • Build your credit score.¹ Reports to all 3 credit bureaus
  • No minimum credit score required for approval!
  • ¹ Cardholders who keep their balance low and pay their credit card bill on time every month typically do see an increase in their credit score.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
15.24% (V)
$49
Poor/Limited/No Credit

The First Progress Platinum Prestige Mastercard® Secured Credit Card doesn’t require credit history or a minimum credit score to qualify for approval. It reports that no hard inquiry will be recorded in your credit report, but with repeated on-time payments, you’ll build a positive payment history that can help improve your credit score.

Savings Secured Platinum Rewards Credit Card Review

at the issuer'ssecure website

SECURED RATING

★★★★
4.2

OVERALL RATING

4.1/5.0
  • All credit lines start at $250
  • Earn Flexpoints Rewards - 1 point for every $1 spent
  • Competitive low rate
  • Use the card responsibly and you can be automatically graduated to a Platinum Rewards Credit Card
  • Visa card benefits like Roadside Dispatch, a pay-per-use roadside assistance program
  • 25-day grace period on purchases
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
16.49%
$0
N/A

The Savings Secured Platinum Rewards Credit Card is a solid secured card option that charges no annual fee and offers rewards points on your purchases. Only new credit union members are subject to a credit check at application.

You’ll need to join the State Department Federal Credit Union to qualify. To become a member, you’ll need to be a US Department of State employee, employed or affiliated with an eligible organization, be the immediate family of a member, or be a paid member of the American Consumer Council (ACC).

Best Secured Credit Cards with No Minimum Credit Score

Although knowing you’ll be subject to a credit check can be scary, you can mitigate much of the fear by simply applying for a credit card that has no minimum credit score requirements, like those below. Of course, more than your credit score will come into play.

Credit card companies will typically look at your entire credit report, as well as your income and employment history. They may also consider your future potential as a profitable client in their analysis, as well as your history with the bank (if you have one).

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
30.74% (Variable)
$0
Limited, Bad

Capital One is generally considered to be one of the most credit-flexible of the major credit card issuers, offering several card options for consumers with no or limited credit.

This card is the best Capital One option for consumers with bad credit, as it has no annual fee, a variable down payment requirement, and eligible cardholders may qualify for an upgrade down the line.

Discover it® Secured Credit Card Review

at Discover Card'ssecure website

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No credit score required to apply.
  • No Annual Fee, earn cash back, and build your credit history.
  • Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
  • Terms and conditions apply.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
10.99% Intro APR for 6 months
28.24% Variable APR
$0
New/Rebuilding

Easily one of the best secured cards around, this card is ideal for applicants with no or limited credit history or a low credit score. The card offers cash back rewards on every purchase, a rare feature among a secured cards. Plus, Discover may automatically upgrade you to an unsecured card if you show sufficient credit progress.

First Progress Platinum Elite Mastercard® Secured Credit Card Review

at First Progress'ssecure website

SECURED RATING

★★★★
3.8

OVERALL RATING

  • Choose your own credit line - $200 to $2000 – based on your security deposit
  • Build your credit score.¹ Reports to all 3 credit bureaus
  • No minimum credit score required for approval!
  • ¹ Cardholders who keep their balance low and pay their credit card bill on time every month typically do see an increase in their credit score.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
25.24% (V)
$29
Poor/Limited/No Credit

Although this card may perform a credit check, it has absolutely no minimum credit score requirements and no obvious reports of people being turned down. In fact, some cardholders report being approved with scores in the 400s. Approved applicants can make a minimum deposit of $200 to open an account.

Best Secured Credit Cards with No Credit History Required

In the workforce, you need job experience to get a good job. To get job experience, you find an entry-level position and work hard. In the credit card world, you need credit history to get a good credit card. To get credit history, you start with an entry-level card and work hard.

Secured credit cards can be great ways to build credit while paying minimal fees (especially compared to unsecured subprime credit cards). These cards all have no minimum credit history requirements to qualify, plus they have no or low annual fees and can be upgraded to an unsecured card after improving your credit.

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
30.74% (Variable)
$0
Limited, Bad

A solid pick for building credit, this card has no annual fee, no foreign transaction fees, and no penalty APR if you make a late payment. The minimum required deposit will vary based on your individual creditworthiness, with the potential for the card to be only partially secured.

Discover it® Secured Credit Card Review

at Discover Card'ssecure website

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No credit score required to apply.
  • No Annual Fee, earn cash back, and build your credit history.
  • Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
  • Terms and conditions apply.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
10.99% Intro APR for 6 months
28.24% Variable APR
$0
New/Rebuilding

This card is a great pick if you’re looking to earn rewards while you establish and build credit. It offers cash back rewards on every purchase, and you’ll have 24/7 access to your account, coupled with Discover’s top-ranked customer service.

9. U.S. Bank Secured Visa® Card

The U.S. Bank Secured Visa® Card has no minimum credit score or credit history requirements. The minimum deposit is $300, and your security deposit will earn interest over time so long as your account remains open and in good standing.

U.S. Bank Secured Visa® Card

  • Provide a security deposit of $300 up to $5,000 for a credit line equal to your deposit
  • Deposit earns interest in a secured savings account
  • Pay no annual fee

Cardholders who have made all of their card payments on time and shown significant credit improvement may be eligible for an upgrade to an unsecured card. You may need to call customer service to request an upgrade.

Best Secured Credit Cards with Automatic Upgrades

One of the most compelling reasons to choose to build credit with a secured credit card is the ability to receive an upgrade to an unsecured card.

Graduating your existing secured card to an unsecured product can keep your existing credit line intact — which is good for your credit history length and average account age — and allows you to avoid a second hard credit pull (in most cases; check with your individual issuer to be sure).

Our top picks for this section are from issuers that will automatically check up on your progress (typically after six months, sometimes after 12 months). If you pay your bill on time each month and show sufficient credit score progress, your account will be automatically graduated to an unsecured account and your security deposit will be returned.

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
30.74% (Variable)
$0
Limited, Bad

Capital One will not only regularly assess your account for upgrade potential, but it’s also one of the few secured credit cards from a major bank to offer the potential for a partially unsecured card. In other words, cardholders who make their first five card payments on time can unlock a credit limit increase without needing an additional deposit.

Discover it® Secured Credit Card Review

at Discover Card'ssecure website

SECURED RATING

★★★★★
4.7

OVERALL RATING

  • No credit score required to apply.
  • No Annual Fee, earn cash back, and build your credit history.
  • Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
  • Terms and conditions apply.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
10.99% Intro APR for 6 months
28.24% Variable APR
$0
New/Rebuilding

Discover will start assessing your account for upgrade potential after an introductory period, though your individual eligibility may take longer. Luckily, you can still earn cash back rewards on the card while you wait for an upgrade.

Best Secured Business Credit Cards with No Credit Check

If you think that consumer credit is hard to build, then the idea of building business credit may very well seem impossible. That’s because it takes multiple credit lines and several years of doing business and building credit to put forth a decent business credit profile.

Thankfully, you can find ways to build your company’s credit without worrying about the state of your business credit profile by using a secured business credit card. Similar to secured consumer cards, secured business credit cards require a deposit to open and maintain your account.

12. Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card

The Business Advantage Unlimited Cash Rewards Mastercard is specifically designed for businesses that need to build or rebuild business credit, and it has no credit history requirements. The minimum deposit is $1,000, though you can put down more for a larger credit line.

Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card

  • Earn 1.5% cash back on every purchase made with your card
  • Periodic reviews to upgrade to an unsecured card
  • No annual fee

The Wells Fargo Business Secured card has a small $25 annual fee, but you won’t pay any foreign transaction fees.

(The information related to the Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card has been collected by CardRates.com and has not been reviewed or provided by the issuer or provider of this product or service.)

13. MidFirst Bank Business Secured Credit Card

The MidFirst Bank Business Secured Credit Card is a basic, no-frills secured business card for businesses with no or limited credit history. Cardholders can make a deposit of up to $50,000 for a credit line equal to the deposit.

MidFirst Bank Business Secured Credit Card

  • Your refundable deposit is kept in a First Credit Card Savings – Business account
  • Deposits between $1,000 and $50,000
  • Pay $35 annual fee

MidFirst Bank is a regional bank with locations in Texas, Oklahoma, Colorado, and Arizona. Potential applicants will need to go to a MidFirst banking center to fill out an application.

Why Do Secured Credit Cards Require Credit Checks?

One of the most common questions people ask about secured credit cards is why they require a credit check in the first place. Secured credit cards use the required deposit as collateral against default, meaning the bank has a way to cover your outstanding balance if you default on your card.

To many people, this should mean that the bank doesn’t need to know your payment history to decide whether to let you open an account. But there’s more to a credit check than looking at your payment history.

For one thing, many secured credit cards allow for variable down payments that can result in credit lines in the thousands of dollars. Not everyone can receive the maximum credit line, however, even if they can make the deposit.

That’s because a high credit line can get some consumers in trouble, so issuers are required to ensure you have the means to pay your credit card bills before approving your application. This can involve a credit check to determine how high a limit you can reasonably be expected to afford.

Furthermore, some reasons for running a credit check have nothing to do with your credit itself. For example, American financial institutions are required, by law, to verify the identity of anyone who applies for a credit card, and credit reports can be a useful tool in this process.

Why Was My Secured Credit Card Application Denied?

The entire point of a secured credit card is that they are low-risk for the credit card issuer, which should allow nearly anyone to qualify. After all, if your deposit is equal to your credit line, then the bank doesn’t have to worry about your card going unpaid, right?

Well, yes. But the risk of default isn’t the only consideration credit card issuers have to make when appraising a card application, several of which have nothing to do with your credit score. Here are a few of the more common reasons your secured credit card application may be rejected by the issuer:

  • You don’t have a checking account — Most banks require you to have an active U.S. checking account to open a credit card
  • You don’t meet residency requirements — The majority of U.S. credit card issuers will require you to be a U.S. resident to qualify
  • Your income was considered too low to make the payments — Credit card companies are not allowed to issue credit cards to applicants who are deemed unable to afford the payments and may reject you if your income is too low for the card’s minimum credit line
  • You are in the middle of bankruptcy proceedings — Most issuers won’t want to offer you credit if you’re in the middle of filing for bankruptcy as they risk being included in the proceedings; try again after the bankruptcy is completed
  • You have a poor history with the bank — Although your credit report may not show old missed payments or defaults, banks have their own internal records; if you’ve abused a card from them before or discharged their card during a bankruptcy, they may reject your new applications indefinitely
  • You don’t represent a good value proposition — Every credit card account takes time and money for the issuer to open and maintain; if you don’t seem like a profitable customer, the issuer may not want to go through the expense of acquiring your business

No matter why a credit card issuer rejects your application, they are required by law to give you a reason. This is typically included in the rejection letter you receive in the mail, but you can also call and ask in most cases.

Does a Credit Check Hurt Your Credit Score?

While the bulk of people worried about a credit check are likely more concerned about being rejected based on having bad credit, that’s not the only reason some consumers want to avoid having their credit checked. Instead, they’re worried about the impact of the hard credit inquiry that results from certain types of credit checks.

Basically, there are two types of credit checks (also called credit inquiries or credit pulls): hard inquiries and soft inquiries. Soft credit checks can be performed by any party, with or without your permission, and are used for things like credit card pre-approval offers.

Chart of Credit Score Inquiries by Action Type

Soft inquiries are typically listed on your credit reports, but they are only visible to you. Creditors who pull your credit reports won’t see soft credit inquiries nor will the soft inquiries be included in your credit score calculations.

Hard credit checks, on the other hand, require your consent. They primarily occur when you apply for a line of credit, but may also be the result of an application for housing or certain utilities.

Hard credit inquiries show up on your credit reports and are visible to any other party that pulls your credit. Each hard inquiry on your credit report can cause your score to drop a few points, because creditors consider it a bad sign if you’re applying for a lot of new credit in a short period of time.

In the worst case scenario, if you end up with multiple hard credit inquiries on your credit reports, it’s not the end of the world. Hard inquiries only stay on your credit report for about two years at the longest, and some will fall off your report even sooner.

Chart Showing Negative Account Credit Report Lifespan

Additionally, as hard inquiries age, they factor less into your credit score because credit scoring models give more weight to recent information than they do older information. This means hard inquiries often stop impacting your credit score after a year or so, especially if you have an otherwise healthy credit profile.

You Don’t Need to Fear a Credit Inquiry with the Right Card

While exceptions certainly exist, many humans aren’t particularly confrontational, so we have the tendency to avoid things we don’t like, or, worse, that we fear — like rejection.

But rejection is a part of life, and one that we can’t avoid forever. In the case of credit card rejection, it’s important to realize that there are literally dozens of other fish in the proverbial sea. If one issuer turns down your secured credit card application, consider finding a more understanding issuer.

In the event that you’re turned down for multiple secured credit cards, you need to investigate why. Credit card companies are required to give a reason for rejecting your application; having a credit application rejected also entitles you to a copy of your credit report.

Depending on why you’re being rejected, you may need to explore alternative credit-building options. There are ways to build credit without a credit card that may help you get on the right track.

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.