Wells Fargo Secured Card

back Wells Fargo Secured Visa

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intro purchase APR N.A.	regular APR19.49% (V)
intro BT APR 19.49%	5% BT fee min $5

bad credit required

Terms and Conditions

Editors Review

Pros

• reports to 3 major credit bureaus
• 25 days grace period
• you get standard VISA benefits - rental car collision damage waiver and other travel perks

Cons

• No significant drawbacks found

Verdict

It is a secured, so we will nod judge it on benefits and bonuses but in the ability to build your credit and affordability. This card delivers in both aspects. For a moderate $25 annual fee you get a card that reports to all 3 major credit agencies, so it is building your credit history; 25 days grace period and an average APR of 19.49% helps to maintain your credit account.

Do not forget that secured cards are not about carrying a balance, but for paying it off every month in full and building a better credit.