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Can I get a secured Visa credit card through Chase? |
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Date:
September 8, 2007, 1:15 pm |
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Can I get a secured Visa credit card through Chase? |
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Answer:
At the moment various banks offer to their customers numerous types of cards. The issuers are eager to attract people with bad history. At the same time if the risk is rather high the banks want to ensure that they will get their money back. For such cases the so-called secured credit cards are designed. This type of credit card is linked to a bank account, allowing a credit card company to deduct payment if the cardholder fails to pay. To obtain a secured card, a consumer must deposit an amount of money equal to the credit limit of the card into a bank account. The amount in the account usually determines the limit on the credit card. As secured cards present reduce risk factor for creditors they are therefore much easier to obtain. As for the Chase Bank it actually offers its cards only to people with either good or excellent score. Chase does not deal with bad/no score, that's why it has no secured applications. On our website you are welcome to compare the best secured offers from Orchard and Millennium. Read all the details, choose the one that suits you most and apply for it online. |
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