Secured Visa® Card | U.S. Bank (2025)

FAQs

Is a U.S. Bank secured card hard to get? ›

Secured cards are easier to get than unsecured cards because they require a deposit to open the account, which U.S. Bank will use as collateral to secure the account. The amount of your deposit will be your credit limit, in most cases.

Our take: The U.S. Bank Secured Visa Card is a good choice for building or rebuilding credit, since it doesn't charge an annual fee. It's a secured card without any extra benefits or rewards, but there's a path to graduate to an unsecured card after 12 months.

The reasons why a secured credit card application may be denied can vary, but one top reason would be the inability of applicants to pay the required cash deposit.

One of the easiest U.S. Bank credit cards you can get is the U.S. Bank Cash+® Visa® Secured Card. This card is available to applicants with bad credit, has a $0 annual fee and requires a minimum deposit of $300 to open the account. The deposit will serve as your credit limit.

Most U.S. Bank credit cards are intended for consumers with good credit, which is a FICO® Score of 670 or higher. If your credit score isn't there yet, U.S. Bank also offers secured credit cards that don't have a minimum credit score requirement.

The credit limit on your Secured credit card is the same amount as your total deposit, with a maximum of $5000. Any request to increase the credit limit may result in an inquiry to your consumer credit report.

Cons of secured credit cards

Like any type of credit card, secured cards are not without their risks. Secured credit cards tend to have: High fees and interest rates. Secured credit cards may charge high application, processing or annual fees.

It can take up to six months for people with no credit histories to establish their credit scores. If you have poor credit, you may notice a change in your credit score after using a secured credit card for a month or two. Make your payments on time and keep your outstanding balances low to improve your credit score.

There isn't an exact number for how much a secured credit card may raise your credit score. The improvement of your score depends on how you use your card, how long you use it and the starting point of your credit. Being approved for a secured credit card won't improve your score automatically.

U.S. Bank gives instant approval on its credit cards, but only some of the time. Instant approval always is possible when applying for a U.S. Bank credit card online, though getting approved for an account immediately is never guaranteed.

What credit score do you need for U.S. Bank Cash Visa Signature Card? ›

The U.S. Bank Cash+ credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the U.S. Bank Cash+.

Same-day secured credit cards can offer approval decisions quickly, but you may still have to wait several days after you're approved and you've submitted your security deposit to get your card in the mail and begin using it.

Secured credit cards are among the most accessible forms of credit you can get, but you can still be turned down if you don't meet all of the card issuer's requirements.

What's the Bank of America Secured credit card score requirement? The minimum credit score required for the BankAmericard Secured credit card is at least 300. This means that the BankAmericard Secured credit card accepts people with bad credit.

While secured credit cards are usually easier to qualify for than unsecured credit cards are, card issuers might turn down applicants who don't meet certain requirements.

You'll need excellent credit, generally defined as a credit score of at least 720, to qualify for the U.S. Bank Altitude® Go Visa Signature® Card.