Applied Bank Secured Visa® Gold Preferred® Card – Full Review

The Applied Bank Secured Visa® Gold Preferred® Card is a practical option for individuals focused on establishing or repairing their credit history.
With a low fixed APR, your interest rate remains the same regardless of changes in your credit score or market conditions — providing stability and predictability for your finances.

Approval does not require a minimum credit score, making this card accessible to a wide range of applicants, including those with limited or damaged credit histories.
A refundable security deposit, starting at $200, acts as your credit limit and allows you to choose the level of spending power that suits your needs.

Applied Bank reports monthly to all three major credit bureaus — Equifax, Experian, and TransUnion — helping responsible card use translate into positive marks on your credit report over time.

While the card doesn’t offer rewards or perks, its main strength lies in its simplicity and reliability for those who need a stable platform to improve credit.
There are also no penalty APR increases, so even if you make a late payment, your rate stays the same.

Overall, the Applied Bank Secured Visa® Gold Preferred® Card is best suited for people who prioritize credit building over extra benefits, and who value predictable costs without surprises.