Commerce Bank Secured Visa
Build, rebuild or strengthen your credit.
Whether you want to begin establishing a strong credit history, or need to mend your credit score, we help you focus on what matters most.
Additional Benefits of the Commerce Bank Secured Visa®
It’s a real credit card, and can be used worldwide, wherever Visa® is accepted.
We report to all three credit bureaus to help build your credit history.
Enjoy regular access to your FICO score.1
What is a secured credit card?
How is a secured credit card different from a prepaid card?
How does the Commerce Bank Secured Visa® credit card work?
We regularly report your payment activity and card status to all three major credit bureaus. So, with responsible use, you may start seeing your credit score improve. The $49 annual fee is charged to the credit card and will be assessed annually. When you close your secured credit card account, the Secured Savings Account will also be closed and your security deposit will be completely refunded if the balance is paid in full.
Can I make additional deposits to increase my credit line?
Commerce Bank Secured Visa® Features:
Cell Phone Protection Visa® Benefit
Have peace of mind with complimentary, built-in Cell Phone Protection — up to $200 per claim.
† View Important Terms of the Commerce Bank Secured Visa® credit card
- FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.
- A minimum refundable security deposit of $400 (max $5,000) into a Secured Credit Card Savings Account is required to open this Account. Your credit limit will be determined by the amount of the security deposit you provide, your income and your ability to pay the credit line established. You will earn interest on the collected balance in your Secured Credit Card Savings Account.
- Customer must notify Commerce Bank within 60 days of receiving statement with unauthorized account activity.