This credit card option is ideal for people who do not have a well-established credit history in the financial market and want to increase their score. For this reason, it can be the perfect alternative for those who want to establish themselves in the financial market and get a good score to upgrade cards in the future.

However, if you are approved for this card, you can count on a very secure option and only an Initial deposit of 200 USD. This deposit is called a security deposit and serves as a kind of guarantee for providing the credit card. Generally, these secured cards are available to people who don’t have very good credit. And they may have difficulties getting another credit card without guarantees.

But it is important to emphasize that this guarantee works in such a way that, in case you close your account and cancel your credit card. Your security deposit will be refunded. This is because it serves the bank to have a guarantee that you have the financial capacity to pay the invoices.

One factor that you should analyze is the satisfaction that the customer has used that credit card. And like the one we’re talking about with the Citi Secured Mastercard, it’s important to know that customer satisfaction is average.

Because, in general, customers who use this card rate it with an average score of 800 points. Therefore, you should know that you can count on a customer service team available 24 hours a day and 7 days a week. And this can be a big difference, because if you have any problems or questions, you can contact support directly and resolve them quickly.

Finally, this is one of the reasons why people who use this credit card tend to rate it positively and give it a good recommendation. Because even though it is not a credit card with extraordinary benefits, they usually deliver what they promise.

If you’re looking for another credit card alternative that offers benefits to users, check out Capital One Quicksilver. For this, you just need to click on the button below and better understand how this card works and what it can make available to cardholders.