Key features and benefits
We offer a secured credit card that works like any other card that helps build credit. CLC’s secure credit card will help customers create new
credit or rebuild damaged credit. The only difference between CLC’s credit card and regular credit card is that clients pay an upfront deposit to
secure their credit limit. CLC reports all payments to credit bureaus similar to the bank’s process, and clients will be
expected to make their monthly payments promptly.
A secured credit card is a type of credit card that is backed by a cash deposit from the cardholder. This deposit acts as collateral on the account, providing the card issuer with security in case the cardholder can’t make payments. With a secured credit card, the amount that you put down in a deposit will become your credit limit for your credit card.
There are many factors that contributes to your credit rating. Payment history is one of these factors, paying your credit card on or before the due date will help improve your credit rating.
Shop and pay online
Use it as you would any credit card: shop online, pay bills, and set up accounts online.
Flexible and convenient
Spend up to your deposit limit with the convenience and flexibility of a credit card.
Pay for what you use
You’ll only pay monthly interest when you carry a balance on your Secured Visa.
Pay on time
Paying your credit card in a timely manner will improve your credit score.
Set your own limit
Your limit is set at your deposit amount and can range from $200 to $25,000.
Insures eligible items against theft or damage for 90 days from the date of purchase.
Visa offers a secure and reliable method of payment in 200+ countries and territories.
Benefits of a secured card
Prepaid cards can provide some of the convenience of a credit card,
but there are differences between prepaid and the City Lending Centers Secured Visa.
CITY LENDING CENTERS
- Can improve your credit rating
- Control spending limit with the amount of your deposit
- Accepted wherever you see the Visa logo
PREPAID CREDIT CARD
- It does not improve your credit rating
- Needs reloading once the balance is depleted
- Not accepted by all merchants
This card is issued by Digital Commerce Bank pursuant to license by VISA International. Use of the card is governed by the agreement under which it is issued. The VISA brand is a registered trademark of VISA International and is used under license by Digital Commerce Bank. All credit is issued by City Lending Centers Corp. Digital Commerce Bank provides no credit or lending.”. Further, all references to the card should be “City Lending Centers secured credit card
Request a call back.
One of our Credit Specialists will reach out to you within 24 hours.