Secured Self Visa Card: A basic credit-builder card with a low minimum deposit

Having a low credit score or lacking a credit history can complicate tasks like renting an apartment or obtaining a smartphone plan. Fortunately, a secured credit card—such as the secured Self Visa® Credit Card¹—can assist you in establishing or improving your credit standing.

In the past, Self’s credit card was only available to customers who had its credit-builder loans. However, in 2025, the company lifted that restriction, making the secured Self Visa card more widely available.

¹ Credit Builder Accounts & Certificates of Deposit issued by Lead Bank, Sunrise Banks, N.A., and First Century Bank, N.A., all Members FDIC. Approval based on credit assessment. The secured Self Visa® Credit Card is issued by Lead Bank, Sunrise Bank, N.A., or First Century Bank, N.A., all Members FDIC.

*Zero annual fee for the first year only. $25 annual fee thereafter. 27.99% Variable APR. This offer is exclusive to new applicants.

If you are among the many Americans with imperfect credit—29% of individuals have a credit score in the poor to fair range according to Experian—utilizing a secured card may provide a path to rehabilitating your credit. Secured credit cards often demand an upfront deposit that functions as your credit limit. When used responsibly, and by paying on time, these cards can significantly improve your credit score as your usage gets reported to the major credit bureaus.

Starting January 2025, the secured Self Visa Credit Card is available to everyone, and you can qualify without the need for a credit check. Moreover, the card requires a minimal security deposit—only $100—making it a cheaper option compared to some cards that necessitate deposits of $200 or more.

Self monitors your account automatically, and if your account activity is positive, you may qualify for a higher credit limit or even an unsecured credit card in as little as six months.

• No credit check required.

• Minimal security deposit required.

• Highly-rated mobile app and favorable customer reviews.

• Ability to fund the security deposit through a Self Credit-Builder Loan.

• Complimentary credit scores and credit monitoring provided.

• Carries a $25 annual fee; however, it can be waived for the first year for new clients.

• Does not feature a rewards program.

• Cap on the credit limit is $3,000.

• FAQs on the website may be outdated.

As a Visa card, the Self Visa Credit Card is usable at any U.S. location that accepts Visa, though it cannot be utilized for international purchases or when traveling abroad.

• Access through the mobile app available on Apple and Google.

• Option for automatic recurring payments.

• Can be managed online at Self.inc.

• Customer Support: Available Monday through Friday, 7 a.m. – 6 p.m. CST

• Chat Support: Accessible 7 days a week, 7 a.m.- midnight CST

• Contact Number: 1-877-883-0999

The secured Self Visa Credit Card may be a viable choice for those requiring a low security deposit; however, it comes with an annual fee and a relatively low credit limit. Consider exploring other options available.

Why it’s appealing: The Capital One Quicksilver Secured Card is an attractive option due to its zero annual fee and 1.5% cash back on all purchases. Although it calls for a larger security deposit than the secured Self Visa Card, you can reclaim that deposit through responsible usage.

Explore our in-depth review of the Capital One Quicksilver Secured Cash Rewards card

Why it’s appealing: The Capital One Platinum Secured Card, unlike the Self Visa Credit Card, features zero annual fees. With a minimum security deposit of only $49, it offers the chance to qualify for a better credit line within six months.

Read our comprehensive review of the Capital One Platinum Secured Credit Card.

Why we like it: Similar to the secured Self Visa Card, the opensky Secured Card also doesn’t necessitate a credit check. However, the opensky Secured Card may provide greater flexibility, allowing cardholders to apply for credit limit increases while enhancing their security deposit.

Read our detailed review of the opensky Secured Visa.

Eligibility for the secured Self Visa® Credit Card depends on meeting certain criteria, such as income, expenses, and the establishment of a security interest. Requirements can fluctuate.

This article was revised by Alicia Hahn

Editorial Disclosure: The details in this article have not been examined or endorsed by any sponsor. All viewpoints expressed are strictly those of Yahoo Finance and not any other entity. The information regarding financial products, including interest rates and fees, was accurate as of the publication date. All services and products are presented without any warranty. For the latest information, please refer to the institution’s website. This site does not encompass all current offers. Approval for any financial product is not guaranteed based solely on credit scores.