MINNEAPOLIS, Minn.—U.S. Bank has launched two new secured credit cards with attractive rewards programs.
A secured credit card offering points or cash back isn’t unique, but the U.S. Bank Altitude Go Visa Secured Card and the U.S. Bank Cash+ Visa Secured Card offer the same rewards rates as their unsecured counterparts, Investopedia reported.
With either card, users can get a credit limit ranging from $300 to $5,000, equal to their upfront security deposit.
“In both cases, responsible card use over time could result in graduating to the unsecured version of the card, at which point the deposit will be returned. Also, neither card charges an annual fee,” Investopedia said.