Credit Cards (US)

Citi® Secured Mastercard® full review: Build credit!

Are you in the market for a card with no annual fee to help you build credit? If so, read our Citi® Secured Mastercard® review to see its pros and cons!

Citi® Secured Mastercard®: A safe card to improve your score for no annual fee!

The best way to build credit is using this credit card. Source: The Mister Finance.
The best way to build credit is using this credit card. Source: The Mister Finance.

Are you taking the first steps to build your credit and looking for a secured credit card with no annual fee? If so, you may consider reading our Citi® Secured Mastercard® review!

Citi® Secured Mastercard®

How to apply for the Citi® Secured Mastercard®?

If you need a card with no annual fee and features to build your score, read on to learn how to apply for the Citi® Secured Mastercard®!

Credit ScoreNo minimum credit score.
APR*26.74% variable APR for purchases and balance transfers;
29.49% variable APR for cash advances.
*Terms apply.
Annual FeeThere is no annual fee.
Fees*3% foreign transaction fee;
$10 or 5% of each cash advance amount, whichever is greater;
$5 or 5% of each balance transfer, whichever is greater.
*Terms apply.
Welcome bonusNo welcome bonuses.
RewardsNo rewards program, only benefits.

Also, this generous, safe credit card option allows one to build a stronger financial future while not breaking the bank!

Moreover, you can get flexible payment options, $0 liability on unauthorized purchases, and other positive features like ID Theft Solutions without additional cost!

In addition, –this card offers plenty of clout from one of the largest banks in America! Therefore, read our Citi® Secured Mastercard® review to learn more!

How does the Citi® Secured Mastercard® work?

The Citi® Secured Mastercard® offers you features to build your credit score while spending on your card. Also, you’ll need to make all your payment on time to build your score.

Moreover, you can get identity theft protection and $0 liability on unauthorized purchases. And you can get all these perks for no annual fee!

Citi® Secured Mastercard® benefits

Use this card on everyday purchases to build your credit history. Source: Canva.
Use this card on everyday purchases to build your credit history. Source: Canva.

As we mentioned, one of the main benefits offered by this card is that you can build your credit score if you use it responsibly.

Also, Citi will send all your monthly payment reports to the three major credit bureaus! This way, you’ll be able to build your credit and improve your finances in no time!

However, this card also has some downsides, such as the lack of a welcome bonus or a rewards program.

Therefore, read our pros and cons list below to learn more and see if the Citi® Secured Mastercard® is the best card for you!

Pros

  • You can use your card and build your credit;
  • There is no annual fee;
  • You’ll find $0 liability protection on credit card charges you didn’t authorize;
  • ID Theft Protection program offered by Mastercard® is available.

Cons

  • There are no rewards programs;
  • You won’t get any welcome bonuses;
  • Citi may perform a hard credit pull during the application process.

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How good does your credit score need to be?

You can get this Citi-secured card even with a low credit score! Also, since this card is designed to build credit, your score won’t matter as much during the application process.

However, you should know that the application process may require a hard credit pull, which can impact your credit score.

How to apply for the Citi® Secured Mastercard®?

You’ll be able to apply for this card online with no hassle. Also, you’ll only need to fill out the application form and submit your request!

Citi® Secured Mastercard®

How to apply for the Citi® Secured Mastercard®?

If you need a card with no annual fee and features to build your score, read on to learn how to apply for the Citi® Secured Mastercard®!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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