Secured Credit Cards - Secure your Credit Card

Secured credit cards for Australians. If you don't have a credit card history or have a bad credit history then a secured credit card can help you gain approval. You offer the credit card lender collateral against the money you loan through a credit card, this gives the lender extra security in approving you a credit card because the credit risk is reduced against you.

Apply for a Secured Credit Card.

Low Rate MasterCard
0% p.a. for the first 3 months Low interest rate of 13.24% p.a.* on purchases Up to 55 days interest free credit on purchases² $58 annual fee MasterCard acceptance at over 29 million locations worldwide	*Subject to terms and conditions
Purchase Rate Interest Free Annual Fee Balance Transfer 13.24% p.a up to 55 days $58.00 -

StGeorge Vertigo MasterCard
2.99% p.a. balance transfer rate for up to 6 months Low variable purchase rate - just 13.24% p.a. ( 21.49% p.a. variable rate on cash advances) 2.99% for up to 6 months on balance transfers requested at card application Up to 55 days interest free on purchases when you pay the closing balance of your statement, including the balance transfer amount, in full by the due date Low annual fee - currently just $55	*Subject to terms and conditions
Purchase Rate Interest Free Annual Fee Balance Transfer 13.24% p.a up to 55 days $55.00 2.99% p.a. for 6 months

You could also apply to gain a higher credit limit when you use collateral too secure a credit card. The values of the secured asset should be greater than the intended credit card limit.

Secured credit cards are designed to help you get a credit card when you need to build up a credit history. When you apply for a credit card, there will be sections of the application process where you enter the security details for the secured loan.