US Bank LATAM Visa® Secured Card Review

US Bank LATAM Visa® Secured Card is a secured credit card rewards credit card issued by US 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.

This card is designed for people who have bad credit. The minimum credit score to apply is 300. US Bank is one of the few credit card issuers that allows applicants to include a cosigner, which improves the approval chances of people with not-so-great credit.

This card has a minimum credit limit of 5000.

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

Is there a US Bank LATAM Visa® Secured Card cash back or rewards program?

US Bank LATAM Visa® Secured Card offers a rewards program to its customers.

US Bank LATAM Visa® Secured Card Rewards

Rewards rate (all purchases)	1%
Max rewards rate	N/A
Annual rewards limit	2,000 Bonus Miles
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	5000

What are the US Bank LATAM Visa® Secured Card benefits?

US Bank LATAM Visa® Secured Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Fraud Liability
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for US Bank LATAM Visa® Secured Card?

US Bank LATAM Visa® Secured Card has a variable purchase APR starting at 24.49% . The card has a variable balance transfer APR starting at 24.49% .

It also has a variable cash advance APR starting at 25.74% .

US Bank LATAM Visa® Secured Card Balance Transfers

Description
Balance Transfer APR	Starting at 24.49%
Introductory Rate	N/A
Intro APR period (months)	N/A

US Bank LATAM Visa® Secured Card Rates & Terms

Description
Balance Computation	average daily balance (including new purchases)
Purchase APR	Starting at 24.49%
Credit Limit	5000
Penalty APR	N/A
Cash Advance APR	Starting at 25.74%
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the US Bank LATAM Visa® Secured Card fees?

The following fees apply to US Bank LATAM Visa® Secured Card:

• There is no overlimit fee

US Bank LATAM Visa® Secured Card Fees

Fees	Amount
Annual Fee	$25
Overlimit Fee	$0
Foreign Transaction Fee	3%
Balance Transfer Fee	3%
Minimum Balance Transfer Fee	$5
Returned Payment Fee	$35
Late Payment Fee	$38

Does US Bank LATAM Visa® Secured Card report your account activity to credit bureaus?

US Bank LATAM Visa® Secured Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for US Bank LATAM Visa® Secured Card

• Visit the US Bank LATAM Visa® Secured Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• 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.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.