This card is built for people who need a straightforward way to rebuild credit and want the structure of a secured card without an annual fee. It is not a rewards card for everyday spending, but it can be a practical credit-building tool if your main goal is establishing better habits and payment history.
All information about Secured Mastercard® has been collected independently by MaxRewards. Secured Mastercard® is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Building payment history
No annual fee secured use
International purchases
If your priority is rebuilding credit, this card can do its job well enough. The appeal is simple: no annual fee, Mastercard acceptance, and no foreign transaction fee, which is uncommon enough on entry-level cards to matter if you occasionally spend abroad or shop with overseas merchants.
The tradeoff is that there are no rewards and no welcome offer, so there is very little reason to keep using it once your credit improves and better unsecured options open up. It also carries a high APR, which makes it important to pay in full each month. This card makes the most sense for someone focused on access and credit repair, not ongoing value from spending.
A sensible fit for rebuilding credit if you want a no-annual-fee secured card and do not need rewards. For long-term everyday use, most cardholders should plan to move on once their credit profile is stronger.
Benefits
Hardship Grants
From Job Loss, to Disability and Hospital grants, hardship help is here for eligible cardholders after just 3 months.
Identity theft resolution services
The Teamster Privilege Credit Card provides you with access to a number of Identity Theft Resolution Services, should you believe you are a victim of identity theft.
Eligibility
Poor credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Annual Fee
$0
Purchase APR
26.99%
Variable
Transfer APR
26.99%
Variable
Cash Advance APR
26.99%
Variable
Foreign Transaction Fee
None
Balance Transfer
$0.03
Cash Advance
$10
Late Payment
$40
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Earn a one-time cash bonus of $2,000 plus for a limited time, earn a $500 Capital One Business Travel credit
Once you spend $30,000 in the first 3 months
Annual Fee
$150
Rec. Credit
Excellent
Earn 150,000 Miles
Worth $1,500
Once you spend $30,000 in the first 3 months from account opening
Annual Fee
$395
Rec. Credit
Excellent
Earn a $1,000 cash bonus plus for a limited time, earn a $250 Capital One Business Travel credit
When you spend $10,000 within 3 months of account opening
Annual Fee
$0 intro for first year; $95 after that
Rec. Credit
Excellent
