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4.6Helps Build Credit: The Citi® Secured Mastercard® reports to all three major credit bureaus, assisting users in establishing or rebuilding their credit.
No Annual Fee: This card has no annual fee, making it a cost-effective option for cardholders.
Flexible Credit Line: Users can choose their credit line, ranging from $200 to $2,500, based on the security deposit provided.
Free Access to FICO® Score: Cardholders can monitor their credit progress with free online access to their FICO® Score.
Security Deposit Required: To open an account, users must provide a security deposit equal to their desired credit line.
No Rewards Program: The card does not offer a rewards program for its users.
No Introductory APR: The Citi® Secured Mastercard® does not provide an introductory APR on purchases or balance transfers.
High Regular APR: The card has a variable APR of 27.49%, which can be costly if cardholders carry a balance.
The Citi® Secured Mastercard® is a strong choice for individuals looking to build or improve their credit without the burden of an annual fee. While it lacks a rewards program and introductory APR offers, its primary focus on credit-building, flexible credit line options, and free access to FICO® Score make it an attractive option for users who prioritize improving their credit scores. The security deposit requirement may be a drawback for some, but the card's overall benefits, including no annual fee and credit reporting to major bureaus, make it an appealing choice for those seeking to establish or rebuild a strong credit foundation.
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Citi® Secured Mastercard®Citi® Secured Mastercard®
4.6N/A
$0
N/A
N/A
27.49% variable
3%
Fair/Bad/Limited/No Credit
Mastercard®
Capital One® Spark® Classic for BusinessCapital One® Spark® Classic for Business
4.5N/A
$0
Earn unlimited 1% cash back for your business on every purchase
N/A
29.99% variable
0%
Fair/Limited
Capital One
CitiBusiness® / AAdvantage® Platinum Select® Mastercard®CitiBusiness® / AAdvantage® Platinum Select® Mastercard®
4.265K after $4K spend in first 6 months
$0 introductory annual fee for the first year, then $99
Earn 2 AAdvantage® miles for every $1 spent at telecommunications merchants, cable and satellite providers, car rental merchants, at gas stations and eligible American Airlines purchases
N/A
21.24%–28.49% variable
0%
Good/Excellent
Mastercard®
