Cadence Bank Secured Mastercard®

Key Takeaways

• APR: This is not a great card for people who carry a balance. It has a variable regular purchase APR that ranges from 18.90% up to 21%.
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card , but you don't have to pay an annual fee for the privilege.
• A 3% balance transfer fee. Cadence Bank Secured Mastercard® charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of up to 2% every time you make a transaction outside the U.S.
• Secured card. This card requires a refundable deposit before you can use the account. Deposits are returned upon account closure after settling outstanding balances. These cards can help people with poor credit or little credit history build their credit.
• Poor credit accepted. This card will consider people who have poor credit.

Pros & Cons of Cadence Bank Secured card

Cadence Bank Secured card FAQ

Does Cadence Bank Secured card have a cash back or rewards program?