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Credit Card Applications » Credit Card Questions » Other Questions » What is the amount to be deposited in order to avail of a credit card. What specific bankwill i...

What is the amount to be deposited in order to avail of a credit card. What specific bankwill i...

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Date:
September 14, 2008, 9:07 am
What is the amount to be deposited in order to avail of a credit card. What specific bankwill i deposit the money.How many days credit card will be approved?
Answer:
If you are looking for a secured line of credit, consider the following cards. Black Diamond Visa® from Millinnium Bank allows you to deposit up to $10,000 into the credit line and offers benefits typical of a standard unsecured plastic - extended warranty protection, travel accident insurance and emergency cash transfers. Secured Visa® Credit Card of Applied Bank offers some of the lowest interest rates available on secured cards, no set up fee and a credit limit of up to $5,000. A slightly higher APR but a much lower annual fee is available on Secured Visa Platinum from Bank of America. Its credit limit varies from $300 to $10,000.

How quickly you're approved for any of the cards depends on your credit history. If everything is clear, you can get approval in a minute but the card itself will arrive in about 2 weeks. One of the major requirements is that your income is good enough for the limit you want to set up.

Evaluate the cards features and benefits and apply for the right card online.

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