Applied Bank® Secured Visa® Gold Preferred® Review

Applied Bank® Secured Visa® Gold Preferred® is a secured credit card credit card issued by Applied Bank. 

Secured cards are credit cards that require a refundable deposit before you qualify for a line of credit. These cards are often used to build the credit of consumers with with poor credit or little credit history.

Good for building credit. This card is designed to help you build your credit. So you may qualify even if you have limited or poor credit. The minimum credit score to apply is 300.

Credit limit. This card has a credit limit of up to $5,000.

If you're wondering whether Applied Bank® Secured Visa® Gold Preferred® is the right card for you, read on. This is everything you need to know to make a good choice.

Is there a Applied Bank® Secured Visa® Gold Preferred® cash back or rewards program?

No, Applied Bank® Secured Visa® Gold Preferred® does not offer a rewards program.

Applied Bank® Secured Visa® Gold Preferred® Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the relevant APRs for Applied Bank® Secured Visa® Gold Preferred®?

Applied Bank® Secured Visa® Gold Preferred® has a fixed purchase APR of 9.99%.

It also has a fixed cash advance APR starting at 9.99% .

What are the Applied Bank® Secured Visa® Gold Preferred® fees?

$48 Annual Fee. Applied Bank® Secured Visa® Gold Preferred® charges an annual fee of $48.

3% Foreign transaction fees. Applied Bank® Secured Visa® Gold Preferred® charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

The following fees apply to Applied Bank® Secured Visa® Gold Preferred®:

Applied Bank® Secured Visa® Gold Preferred® Fees

Fees	Amount
Annual Fee	$48
Foreign Transaction Fee	3%
Returned Payment Fee	$38
Late Payment Fee	$38

Does Applied Bank® Secured Visa® Gold Preferred® report your account activity to credit bureaus?

Applied Bank® Secured Visa® Gold Preferred® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for Applied Bank® Secured Visa® Gold Preferred®

• Visit the Applied Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.