Secured Card

The Credit One Bank Secured is a secured credit card designed for individuals with limited or poor credit who want to build or rebuild their credit while earning rewards. Cardholders can earn interest on their security deposit and receive cash back—1% on essential categories like gas, groceries, mobile phone, internet, cable, and satellite TV services —making it a strong option for disciplined spenders focused on everyday essentials. While the card has no welcome bonus and charges a 3% foreign transaction fee, it offers practical features such as the ability to choose your payment due date and credit score monitoring, helping users track and improve their credit. For consumers seeking a structured way to establish credit while earning rewards, the Credit One Bank Secured card combines security, incentives, and credit-building tools in a manageable package.

Issuer

Credit One Bank, established in 1984 as First National Bank of Marin and headquartered in Las Vegas since 1998, is distinct from Capital One despite visual similarities in logos. Focused on credit cards, Credit One Bank has garnered a negative reputation due to fees and limited services. While not a global giant, the bank serves millions of credit members across the US, primarily targeting those with poor or no credit history. Offering a range of credit card products, including cash back and points-based cards, along with high-yield certificates of deposit and savings accounts, Credit One Bank is criticized for its fee structure, notably monthly fees on some cards. Despite an annual revenue of approximately $1.5 billion in 2024, the bank's business practices discourage it as a preferred choice. Engaging in corporate social responsibility, Credit One Bank contributes to Affordable Housing & Homelessness, Employment Services, and Financial Education. Forming partnerships with entities like the Las Vegas Raiders, NASCAR, WWE, Vegas Golden Knights, and Best Friends Animal Society, Credit One Bank lacks physical branches, operating exclusively online. Committed to values like Excellence, Ownership, Integrity, and Collaboration, the bank is an FDIC member, ensuring regulatory compliance.

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Credits & Features