Digital News Report – Every week millions of Americans use credit cards to make online purchases, rent cars and reserve hotel rooms. But with the economic downturn, many people find it difficult to acquire a real credit card.
Unlike a debit card, the money in the secured credit card bank account is not removed unless there is a delinquency. Also, credit cards report to the credit bureaus. This can help improve credit scores if payments are made on-time.
The Applied Bank® Secured Visa® Credit Card provides convenience. Users can make online purchases, rent cars and rent hotel rooms.
The application process is simple, according to the bank. The interest rate is low, only 12.99 percent. The rate will not increase even if cardholder is late on a payment.
Applied Bank says customers can choose their credit limit, up to $500. This card is easy to get and can be a solution to bad credit.
The Applied card is a real credit card, not a debit card. There is “zero” fraud liability associated with the card.
By Tina Brown