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Updated 01/03/2014. The Citi Secured MasterCard offers several advantages for consumers with bad credit or those who want to build credit history. Update 2013: CitiBank is not currently issuing any secured credit cards at this time. Citi has, however, featured many outstanding secured credit card options in the past. The Citi Secured MasterCard is a secured credit card with a low interest rate, but a high annual fee. Citi's Secured MasterCard comes with a low annual fee of $29, and if you prove that you're responsible with it, the bank will consider switching you to an unsecured card after 18 months. Is Citibank's secured credit card application a bad idea? My review shows you the truth about their secured MasterCard. Compare secured credit cards. Apply now for the best secured credit card and start rebuilding your credit history. The Citi Secured MasterCard is for people looking to rebuild their credit. It is fully secured, and can only be applied for at Citi Bank locations. Reviews.com provides you with the best secured credit card reviews and comparisons written by a top credit card expert. NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your rewards or minimize your interest rates. Secured cards are for those with flawed credit looking to take the first steps toward rebuilding a good credit history. Using a secured credit card can be a good way to rehabilitate your credit score, but a bankruptcy may prevent you from qualifying right away. There's a new Citibank secured credit card, and it is big news. That is because, unlike Bank of America and Chase, Citibank does not come up with hundreds of credit card options. When it comes to secured credit cards, the Citi Secured MasterCard is one of the good guys. You'll see why this is a good card for consumers with bad credit when we get to the rates and fees. Get approved for a secured credit card with no fees even if you have a little or no credit history. Build or rebuild your credit. What is a secured credit card? Where can I get one? Bankrate answers the most common questions about secured credit cards. Get on the path to good credit with a Wells Fargo Secured Visa ® card. With responsible use over time, you may have the opportunity to be upgraded to an unsecured credit card. The nice thing about the secured credit card from Citi Bank is that you know you're getting a card from a well known bank. While there are some banks that you haven't heard about out there, you can be assured that when you apply for this card, you're going to be dealing with a bank that is legit ...
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