Do you have poor credit? If so, there are many ways to rebuild your credit. One of the most popular ways is using secured credit cards. Many secured credit cards require a security deposit that can be collateral in case of default on payments. This post will show you the top ten best secured credit cards to help you rebuild credit!

However, it is essential to note that these credit cards typically come with higher interest rates than unsecured cards. But the payoff is worth it because, over time, you’ll see your score increase! Also, most of the credit cards we will show you here do not charge an annual fee. So, keep reading to know which secured credit card is best for you!

Secured credit cards require an initial security deposit to reduce the risk of cardholders not paying their card bills. Also, this type of credit card usually comes with higher interest rates due to the risk for the issuer. And even though you will need to pay a deposit, it can be an excellent choice to have one of these cards.

However, these credit cards accept those with no credit or poor credit, depending on the card. Therefore, if you plan on improving your finances and need to rebuild credit, one of the cards below might help do this. But always remember to read the terms and conditions of these cards before applying. So, check out our list in the topic below to find the best-secured card for your lifestyle.

This credit card can be the card for those who like to make the best of rewards and need to rebuild credit. Also, you don’t need a credit score to apply, and you can have a low score. Plus, you can get 2% cash back at restaurants and gas stations (up to $1,000 every quarter) and 1% cashback on all other purchases.

This card is a flexible option for businesses that are just starting or need to rebuild credit. Also, it offers 1.5% cash back on eligible purchases. Plus, there is no annual fee, and you can get up to ten employee cards. Moreover, you can get zero liability protection and choose your reward type. For example, you can get 1.5% cash back, or 1 point per dollar spent.

This credit card can be a good option for those who need to build or rebuild credit. There is no annual fee, only a $300 minimum deposit ($4,900 maximum) to open your account. Also, you can access your FICO® Score monthly and for free. This way, you will improve your finances and have the chance to improve to a regular credit card in the future.

This card has no annual fee and is for those who need to rebuild credit. Also, you need to pay a minimum refundable initial deposit of $49, $99, or $200. You can check if you are pre-approved without impacting your credit score. Plus, you can get a higher credit line in 6 months of using the card.

This card can be different from other similar cards because it does not require a credit check or bank account to apply. Also, you get your monthly payments reported to all three major credit bureaus. However, you need to pay a $35 annual fee.

This card is designed for those who need help building or rebuilding credit. Also, no credit check will impact your score in the application process. Your credit limit depends on your initial deposit, which can be between $200 and $2,000.

This Citi credit card can help you build or rebuild credit, and there is no annual fee. Also, you can choose to make an initial deposit ranging between $200 and $2,500. In addition, your credit limit will be the same as your initial deposit. Plus, you can access your FICO® Score online for free.

This Capital One credit card can help you rebuild credit with no annual fee and a $200 minimum initial refundable deposit. Also, unlike many other secured cards, you can upgrade to an unsecured card. This way, if you make all your payments on time, you can get your initial deposit back and upgrade to a regular Quicksilver card.

If you need to rebuild credit and want rewards, this Bank of America® credit card can be for you. You can choose one category to earn 3% cash back; you can get 1% cash back on all other purchases and more! Also, if you plan to cut some expenses, this can be an excellent card for those who cannot spend much.

This U.S. Bank credit card is accepted worldwide, and there is no annual fee. Also, you can use it to build or rebuild your credit. You will need to pay an initial security deposit, which will be the same amount as your credit limit.

As many of these cards do not offer welcome bonuses, you might want to look for cards that do. So, check out our post below with the 10 best credit cards that offer welcome bonuses!