After using your credit card responsibly for several months, you may be able to convert to an unsecured credit card. If approved, your credit card issuer will refund the security deposit to you. However, you should be aware, it can take 12 to 18 months to be considered for an unsecured credit card. Hi Rashad,Great question, at this time we only offer the UNITY Visa Secured card. We do not have unsecured credit cards at this time. See “2018’s Best Unsecured Credit Cards” as reviewed by experts. not those of any bank, credit card not those of the credit card issuer, and have not been With these basics in mind, let’s take a look at the best secured credit cards on the market today. Best Secured Credit Cards 1. Discover it® Secured Credit Card. Up to 2% Cash Back on Select Spending; Minimal Fees. The Discover it® Secured Credit Card is one of the few secured cards with a bona fide cash back rewards program. Unsecured credit cards for bad credit are you have an option to move to an unsecured card if your However several banks offer regular credit cards even for As it sounds as if you already have a Secured Credit Card with TD Bank, when your card is to be converted to an Unsecured Credit Card, .
If you have no bank account, you could choose to fund later and use Western Union, Is it better to have a secured or unsecured credit cards for bad credit? For example, if you have a credit card with a $15,000 limit and you have a debt $3,000 on the card, your utilization is 20%.Ideally, your utilization should be less than 30% on all debts combined. Length of credit history (15%)This measures the length of time that you’ve had credit. .