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5 secured credit cards!


5 Secured Credit Cards from Kiplinger's Personal Finance Magazine

(You must open a bank account at the bank, and your credit line
is directly related to the amount you deposit.)

Federal Savings Bank of Arkansas
800-290-9060
Rate: Federal discount rate + 5%
Annual fee: $39
Minimum Deposit: $250
Interest on deposits: 2.5%

American Pacific Bank
800-879-8745
Rate: 18.9%
Annual fee: $30
Min. Deposit: $400
Interest on Dep: 4.5%

Bank of Hoven
800-777-7735
Rate: 21%
Annual Fee: $39
Min. Deposit: $380
Interest: 4.5%

Bank One Arizona
800-544-4110
Rate: prime + 12.9%
Annual Fee: $25
Min. Deposit: $500
Interest: 4.08%

Associates National Bank
800-368-0208
Rate: prime +13.8%
Annual Fee: $45
Min. Deposit: $250
Interest: 7%* prime minus 1.5%
 
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