All Credit Cards » Wells Fargo Credit Cards

Wells Fargo® Secured Credit Card

Wells Fargo® Secured Credit Card
Required Credit Score: Bad
Minimum Security Deposit: $300
3 298 reviews   Write a Review!
JUMP TO: APRs | REVIEWS | Q&A | CUSTOMER SERVICE INFO
Existing Cardholders
 
 
 

Wells Fargo® Secured Credit Card's Key APRs & Fees

  • ONE-TIME FEES None
  • ANNUAL FEE $25
  • MONTHLY FEE None
  • REGULAR RATE 18.99% (V)
  • GRACE PERIOD 25 days

Wells Fargo® Secured Credit Card's Highlights

  • Deposit an amount, from $300 to $10,000 into a Collateral Account. Your credit card limit equals the amount of money in your Collateral Account.
  • Your purchases are billed to you each month and you are responsible for making at least the minimum monthly payment. Payments are not deducted from your Collateral Account.
  • As a cardholder, your account performance is reported to major credit bureaus
  • Stay on top of your account activity with free email alerts when you approach your credit limit, a payment is due, and more.
  • Easily track your expenses. My Spending Report with Budget Watch has built-in tools that help you see where your money is going and easily set up a budget.
  • Visa benefits: Auto rental collision damage waiver, Emergency card replacement, Roadside dispatch and Travel and emergency assistance services.
  • Verified by Visa: Protect your Wells Fargo Visa card with a unique password for online shopping.
  • Secured Card accounts are reviewed periodically and may become eligible for an unsecured credit card and have the Collateral Account funds refunded.
  • Zero Liability Program: automatically protects you from liability for unauthorized transactions when you report them promptly
  • Overdraft protection: You may link your credit card to your checking account to help avoid overdrafts
  • All Secured cardholders have access to free online credit education courses and tips to help you manage credit wisely

Wells Fargo® Secured Credit Card's Additional Info

  • MAX LATE FEE   $35
  • MAX OVERLIMIT FEE   None
  • MAX PENALTY APR   None
  • FOREIGN TRANSACTION
    FEE  
    3%
  • CASH ADVANCE RATE 23.99% (V)
  • CASH ADVANCE FEE 5% (min $10)
Apply Now
at Wells Fargo's
secure site

Wells Fargo® Secured Credit Card Reviews

 
Your Rating: 0 edit
Your Rating:
0
1 2 3 4 5
 
3.0
Overall Rating: 3.0 / 5
Total Ratings: 298
Sort by:
Apr 17, 2014
Photo of Brandon P.
3
By:
I enjoy my Wells fargo card because getting paid bi-weekly it gives me a back up on the week that I do not receive my check. It also makes me secure knowing I have the money if needed.
Oct 11, 2012
Photo of Savin J.
3
By:
I've had this card for over 8 years and have found it to be the most difficult credit card to manage. I haven't used this card in two years with the exception of minor purchases to keep the account open. Having previously had all of my accounts through Bank of America, I figured it would be worthwhile to have my credit card through them as well. I was wrong. The interest rate is pretty terrible, the online account management system was alright, but the worst was the customer service. Compared with other companies, they really do not care about their customers as was evident when I tried to dispute a more
Oct 4, 2012
Photo of Sara A.
4
By:
I got my Bank of America credit card ten years ago as a college student and I have kept it ever since. I've never had any problems with this card, it is very straightforward and easy to use. I've used it to pay for vacations, shopping, and have also transferred a couple balances to the card when I had all of the charged paid off. The only negative that I see with this card is that the Bank of America online payment system seems a little behind the times, compared with Chase or Discover. I sometimes have difficulty logging on to the site to pay my card, and it seems more
Sep 14, 2012
Photo of Qing L.
3
By:
I got my Bank of America Visa card about three years ago. It is a company purchase card, which was issued to me by my employer for work related purchase. It does not have any 0 APR or 0 Balance Transfer or cash reward, which is right since I cannot take advantage of a company credit card. In addition to the convenience of using this card for work-related purchase, what made me feel very good about it is that it provides very good protection against fraudulence. A few months ago I got a call from BOA representative asking me if I had made several suspicious purchases, which had not been more
Sep 6, 2012
Photo of T.j. Z.
5
By:
I got my Bank of America Visa card a few years ago. It has been indispensable to me since then. I've used it quite frequently and without problems. Bank of America's customer service has been always useful and concise with their help, doing the best they can to accommodate my issues whenever I had any. There are Bank of America banks everywhere so it's easy to deal with the bank directly if I need to. The terms of service are simple to understand and completely fair. I would recommend this card for anyone in the market for a new credit card.
Aug 25, 2012
Photo of Patty M.
4
By:
The name got it right, this is a good basic card. Terms are standard terms and fair. No annual fee. On-line banking is simply, easy and convenient to use. They have standard fraud protection, although it seems it's a little strong sometimes - recently my account was flagged for suspected fraudulent activity because I tried to rent a bike from a local town's bike-share kiosk. They did notify me very quickly, and the process to get it handled was quick and easy since I could do it on-line, although for some reason they unlocked the use of my card before allowing me to access the on-line banking again, which seemed more
Aug 22, 2012
Photo of Brian M.
5
By:
I have been using this card for about 2 years now, and I could not be happier with it. The sign up process was so simple, I couldn't believe how quickly I was being approved for a credit card! As this was my first credit card, the limit was actually a good thing and kept me from overspending. All the associated fees are very fair and reasonable, I never feel burdened using this card. All in all, this is a very good credit card, and I will probably keep using it for years to come. Although I have since gotten other offers, I see no reason to ever switch. I more
Aug 22, 2012
Photo of Christopher S.
5
By:
My wife and I have used this credit card for close to seven years now. We started out with a low limit, but we weren’t too concerned about it. We always paid the balance, so we have not had to accrue interest or fees. I have appreciated how simple and practical this card has been for us without causing any issues. We recently came upon the expiration date, and we were automatically sent new cards without any hassle. There was also a time when we were sent new cards because there was a security risk; while I would rather not have any risk at all, I was happy that they more
Aug 15, 2012
Photo of Isee H.
5
By:
This was the first credit card that I have ever received. It was a pleasant surprise to actually be approved for the card in the first place seeing that I was a new college student with no prior credit, and to make matters worse it was shortly after the economic collapse and no one was really giving out credit.After receiving the card it was everything that I could have asked for. I was started on a basic 500$ limit, which was all that I was really looking for. I also did have a points based reward program which turned out to be very beneficial. Every experience with Bank of America more
Page: 1
+263 users submitted a rating without a full review
 
Related Credit Cards

If you are interested in the Wells Fargo® Secured Credit Card, check out the following credit cards as well:

 
Related Credit Card Categories

Wells Fargo® Secured Credit Card is related to the following categories:

CardHub is an independent card comparison service.

We work hard to present you with the most accurate credit card information, however, this information does not originate from us and thus, we do not guarantee the accuracy of the information. Certain offers originate from paying advertisers, and this will be noted toward the top of the page using the designation "Sponsored Card", when applicable.

Regardless of advertiser status, none of the information on CardHub constitutes a referral or endorsement of the respective issuer by us, or vice versa. Furthermore, it is important to note that the inclusion of non-sponsored cards on CardHub does not indicate that issuer's involvement with the site. Information is displayed first and foremost for helping consumers make better credit card decisions.

Once you click the "Apply Now" button, you will be directed to the issuer's website. Before applying, we recommend that you review and verify the credit card terms and conditions on the credit card company's web site. Please let us know if you find any differences related to the Wells Fargo® Secured Credit Card shown on this page.

Last updated on: Apr 17th, 2014 at 1:48 EDT