WaFd Bank Secured Credit Card

How the Credit Card Works for You

• You Provide a Security Deposit

  This security deposit is refundable upon account closure, and will equal 105% of your credit limit

• Build Credit Responsibly

  With responsible use, a secured credit card can help you build or repair your credit with positive habits like paying your bills on time each month; you can also try setting up auto pay to avoid missing a payment

• Get Your Deposit Back

  After building a positive history over time, you can apply for an unsecured credit card and receive your deposit back (more on that in your cardholder agreement)

How to Apply for a WaFd Bank Secured Credit Card

It's easy, just have a current or new WaFd Bank account and visit your local branch to submit your application in person. You can open your new account and apply for a secured credit card the same day. If your application is approved, your branch will be in touch to give directions on how to make the security deposit for your new secured card.