- Sign-Up Bonus
- 0
- Spending Multipliers
- 0
- Credits & Features
- 0
- Fees
- 4.5
- Application
- 3.5
- Issuer
- NaN
Summary
- Sign-Up Bonus
- 0
- Spending Multipliers
- 0
- Credits & Features
- 0
- Fees
- 4.5
- Application
- 3.5
- Issuer
- NaN
The Citi Secured Mastercard from Citibank is a no-annual-fee secured credit card designed specifically for individuals looking to build or rebuild their credit history with responsible use. Ideal for credit newcomers or consumers recovering from past credit challenges, the Citi Secured Mastercard requires a refundable security deposit and offers standard features like the ability to choose your payment due date for easier budgeting and an ID Theft Protection program offered by Mastercard for added peace of mind. While it doesn’t include a welcome bonus, spending multipliers, or travel perks, and has a 3% foreign transaction fee, this card’s primary benefit is helping users establish a positive payment record with a major issuer. If you’re focused on improving your credit score and want a straightforward, low-cost card to demonstrate creditworthiness, the Citi Secured Mastercard is a strong foundational choice before qualifying for unsecured rewards cards.
Pros
Cons
Issuer
Spending Multipliers
Credits & Features
Application
- Citi has a strict 8/65 rule, meaning you can only apply for 1 Citi card every 8 days and at most 2 Citi cards every 65 days
- Number of hard pulls have a huge impact on Citi applications, consider having less than 6 hard pulls in the past 6 months
- No credit history required
Fees
- No Annual Fee
- 3% Foreign Transaction Fee
- Up to $41 late fee
- Up to $41 return payment fee
- 25.99% APR
- 29.74% APR for Cash Advance
- $10 or 5% of each cash advance amount (whichever is greater)
- 25.99% APR for Balance Transfer
- $5 or 5% of each transfer amount (whichever is greater)