What is the difference between a secured credit card and an unsecured credit card?

secured credit card means that a security deposit account is needed to secure the card. The security deposit will equal your credit limit. This amount allows you to build your credit history while enjoying all of the benefits of a credit card.

An unsecured credit card is set in accordance with your credit history. There is not a security deposit required for this type of card. As your history changes so will your credit limit.

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