primor® Secured Visa® Gold Card

Robin Saks Frankel  in  No Credit History Advertising Disclosure
Green Dot primor Image

Recommended Credit Score

No Credit History

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Green Dot primor's secure website

Best for fixed APR

Annual Fee:
Purchase Intro APR:
Balance Transfer Intro APR:
Regular APR:
9.99% (Fixed)
Terms and Restrictions Apply
Bankrate Score: 71 out of 100

Commonly used for: Bad Credit, Low Interest, No Credit History.

Sometimes a secured credit card is your only option. But these pieces of plastic often came laden with surcharges and sky-high APRs. The primor Secured Visa Gold Card is a welcome exception.


Alas, you need a credit card. You have no credit or your credit history isn’t ideal. The primor Secured Visa Gold Card might as well swoop in with a cape to save the day. The card has a dashing combination of no minimum credit score requirements and an ultra-low fixed interest rate.

Oh yeah, there’s no application fee either, and with regular on-time payments you can boost your credit score because this gold guy reports to all three of the major credit bureaus. Sub-optimal choices are foiled again.

You’ll need more than a few clicks online to get this piece of plastic. The main requirement is opening a savings account with FDIC-insured Green Dot Bank and depositing an amount from $200 to $5,000. Your credit line will equal the amount you deposit.

The major drawback here is the annual fee, which is $49. That’s not terrible when it comes to secured credit cards, but there are no-fee options available. You should consider those first.

Who should get this card

Anyone who doesn’t qualify for a traditional unsecured credit card should consider the primor Secured Visa Gold card for its ultra-low interest rates.

  • This card has a fixed annual percentage rate of 9.99 % for purchases -- an incredible rate for a secured card and better than many unsecured cards.
  • There are no credit score requirements for approval.
  • Unlike some other secured credit cards, there’s no option to “graduate” to an unsecured card with good payment behavior.
  • There are no rewards or sign-up bonuses with this card.
  • This card charges a 3% foreign transaction fee.
  • There is no opportunity to transfer a balance from a high-interest card.

Fees and APR

  • You’ll pay a $49 annual fee.
  • This card has a fixed APR of 9.99%, which is rare. There aren’t too many fixed rate cards available today.

Extras and perks

Unlike most credit cards, the interest rate on primor’s Secured Visa Gold Card is fixed so you won’t be subject to any rate increases as with variable rate credit cards.

You cannot earn rewards on this card.

How this card compares

Discover it® Secured
  • No Annual Fee, earn cash back, and build your credit with responsible use.
  • It's a real credit card. You can build a credit history with the three major credit bureaus. Generally, debit and prepaid cards can't help you build a credit history.
  • Establish your credit line by providing a refundable security deposit from $200-$2500 after being approved. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 8 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases every quarter, automatically. Plus, earn unlimited 1% cash back on all other purchases.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score
  • We automatically match all the cash back you've earned at the end of your first year.
  • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
Apply Now On Discover's secure website
Credit Needed

Limited/Bad Credit

Regular APR

25.24% Variable

Annual Fee


Purchase Intro APR


Balance Transfers Intro APR

10.99% for 6 months

If you have a bank account but limited or poor credit history, the no-fee Discover it® Secured is a terrific choice to help build your credit and earn cash-back rewards, too.

We also like that you can quickly graduate to an unsecured Discover card with just eight months of good payment behavior.

OpenSky® Secured Visa® Credit Card
  • No credit check necessary to apply. OpenSky believes in giving an opportunity to everyone.
  • The refundable* deposit you provide becomes your credit line limit on your Visa card. Choose it yourself, from as low as $200.
  • Build credit quickly. OpenSky reports to all 3 major credit bureaus.
  • 99% of our customers who started without a credit score earned a credit score record with the credit bureaus in as little as 6 months.
  • We have a Facebook community of people just like you; there is a forum for shared experiences, and insights from others on our Facebook Fan page. (Search "OpenSky Card" in Facebook.)
  • OpenSky provides credit tips and a dedicated credit education page on our website to support you along the way.
  • *View our Cardholder Agreement located at the bottom of the application page for details of the card.
Apply Now On Capital Bank's secure website
Credit Needed

No credit check

Regular APR

19.64% (variable)

Annual Fee


Purchase Intro APR


Balance Transfers Intro APR


The two reasons you may want to apply for the OpenSky Secured Visa Credit Card is if you don’t own a checking account, but still want access to a credit card, or if you’re looking for a secured card with a decent annual percentage rate.

There’s a very narrow band of consumers this applies to, we imagine.