Secure credit cards help users out of credit wilderness. Unlike standard credit cards, secured credit cards work very differently. The cardholder needs to make a deposit prior to securing the card and it can be equivalent to or greater than the initial credit limits. The aim is to help one build their credit by reporting financial activity to credit bureaus. There are a number of benefits of a secured credit card and one must know how to use a secured credit card. If you know what is a credit card , then understanding a secured credit card is simpler. Who should get a secured credit card? Once you understand what is a secured credit card, here are a few points to show Secured credit cards are a great option for individuals who do not have the best credit and the same poses as a threat to getting loans and other advantages. Individuals who are new to the credit space and seek to build a good reputation. It helps one build a strong credit history that enables one to apply for secured cards that offer more rewards. What is the deposit needed to acquire a secured credit card? The deposit required to get a secured credit card can differ from one institution to another.