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Credit Card Applications » Questions » User Questions » Other » Are there any banks that offer a secured credit card account that will permit you to make incremental ...

Are there any banks that offer a secured credit card account that will permit you to make incremental deposits, say in 1/2 or 1/3 amounts, until the full amount of the deposit is reached, account opened, and card issued? Thanks for your help in advance. I greatly appreciate it!

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Leo Zhu

Look at the credit card. Once you are approved you can deposit $49, $99 or $200 as collateral. Your security deposit gets you up to a $200 credit line. Then you can start making partial payments to increase your credit limit up to the $3,000 maximum.

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