U.S. Bank

U.S. Bank Cash+ Secured Visa Card

Secured credit cards

A secured credit card with no annual fee and a refundable $300–$5,000 deposit. Earn cash back in categories you select each quarter and build credit through reporting to the three major credit bureaus.

Pros

  • $0 annual fee.
  • 5% on the first $2,000 of combined eligible quarterly purchases in two selected categories.
  • 2% in one chosen everyday category; 1% on other eligible purchases.
  • Reports to the three major credit bureaus.
  • 5% cash back on prepaid air, hotel and car reservations booked directly through the Travel Center using the card.

Cons

  • $300–$5,000 approved refundable deposit sets the credit limit.
  • Select and activate categories each quarter; otherwise purchases earn no more than 1%.
  • Spending above the $2,000 combined quarterly 5% cap earns 1%. Merchant coding and exclusions apply.
  • Confirm APR and transaction fees in current application disclosures. Approval and upgrade are not guaranteed.

Generated from the provider's published terms and reviewed against official sources.

Eligibility and application requirements

U.S. address: Required

Residency and other conditions: Available to U.S. residents. Secured-card application instructions request a physical street address, date of birth, SSN, contact details, housing payment, annual income and income source; the citizenship question permits Yes or No. No particular immigration category is guaranteed approval. SSN: the published online application instructions require an SSN. U.S. Bank separately confirms existing ITIN holders may retain secured accounts, but this does not establish ITIN acceptance for new Cash+ applications. Confirm the application channel with the issuer; a pending SSN is not confirmed as sufficient. An SSN is required to upgrade a secured account to an unsecured card. CreditCheck is recorded as Hard based on U.S. Bank’s published explanation of credit-card applications; pre-approval checks may differ. Approval remains subject to underwriting. Deposit funding: a U.S.-opened checking/savings account, or a mailed signed application with cashier’s check/money order. A denied application receives a deposit refund. No existing U.S. Bank relationship is required. Current card APR, foreign-transaction fee and other pricing could not be verified from the restricted application terms. No numerical credit-score threshold or product-specific age requirement was verified.

Geographic restrictions: U.S. residents only. No individual state exclusions were identified in the reviewed public product and secured-application pages; state-specific eligibility was not independently confirmed.

Product review: 03 Nov 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.

Compare secured credit cards requirements and costs · How we assess published requirements

Annual fee 0 (currency not confirmed)
Security deposit 300–5000 USD
Purchase APR Not confirmed
Foreign currency fee Not confirmed
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Official terms

Checked 3 Nov 2026

Rewards

Not confirmed

What you need to apply

  • Eligible residential address in the U.S. · Minimum age: 18+
  • Credit approval required; paying the security deposit does not guarantee approval.
  • SSN: Conditional
  • ITIN / alternative ID: Not confirmed
Credit check

Hard inquiry — Hard inquiry inferred from issuer guidance.

How the security deposit works

  • Required deposit: 300–5000 USD
  • Funds remain unavailable for spending or withdrawal while pledged.
  • Deposit return / upgrade to an unsecured card is subject to review.

Remaining costs

No additional reviewed fees are currently listed.

Official sources
Verification notes

Last reviewed: 3 Nov 2026. Details are based on the provider’s published materials at that time.

Read official terms ↗

This information is educational and does not guarantee eligibility or approval. The provider makes the final decision.

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