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Questions Found with the Tag: "Security Deposit"

I heard there is Skypass secured credit card, do you think I will qualify? my credit is bad. And will I earn miles with this card?

Answered on

There is a Skypass Visa Secured credit card offered by U.S. Bank. Since it is a secured credit card, you should not have any difficulty getting the card. Continue reading

What does a minimum security deposit mean?

Answered on

A minimum security deposit is a minimum amount you need to pay to the bank as collateral for your loan. Continue reading

Do I have to pay anything to get a credit card?

Answered on

General credit cards do not usually have upfront fees. Secured cards require a security deposit. Some shopping cards have application fees. Read the cards terms and conditions to see what fees are charged. Continue reading

How much will my security deposit be?

Answered on

Security deposits vary depending on the card and your needs. They usually start around $200 and go up to $2,500 or more. Your line of credit will generally be equal to your security deposit. In some cases it may be more. Contact the issuing bank with specific questions. Continue reading

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