Public Savings Bank Classic Secured VISA Card
Issued by Public Savings Bank
Public Savings Bank Secured Black Card
Overall Rating
3.5 Stars
Benefit Rating
3 Stars
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Review for Public Savings Bank Classic Secured VISA Card


The Public Savings Bank Classic Secured VISA Card, issued by Public Savings Bank, is ideal for those who are trying to improve their credit. This is because Public Savings Bank reports card activity to all three major credit bureaus every month.

Because the Public Savings Bank Classic Secured VISA Card is a secured credit card, all applications are accepted, regardless of past credit history, or a lack of credit history. A secured credit card is one that is secured with a deposit. The amount of the deposit then becomes the cardholder's credit limit. The minimum deposit for this card is $300, the maximum is $2,000.

The interest rate for the Public Savings Bank Classic Secured VISA Card is reasonably low, and the Public Savings Bank Classic Secured VISA Card has no annual fee. The application fee is $75.

Applicants who are interested in improving their credit by using a low interest secured credit card will be best served by what the Public Savings Bank Classic Secured VISA Card has to offer.


Updated:  August-10-10




Most Attractive Feature(s):  Reports to all 3 major credit bureaus monthly.

Least Attractive Feature(s):  Interest not earned on deposit amount.


Note: The review of this card was updated on August-10-10. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.


Rates and Fees for Public Savings Bank Classic Secured VISA Card


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Card Category: Secured
Introductory Rate: 0% APR for 6 Months
Applied Towards: Purchases
Introductory Rate Details: 0% APR on purchases for 6 months.
APR (Purchases): 11.24%
The APR for purchases is based on the Prime Rate.
APR (Cash Advances): 18%
The APR for cash advances is based on the Prime Rate.
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: $0
Annual Fee Details: There is no annual fee. There is, however, a returned check fee of $25.
Grace Period: 25 Days
Minimum Credit Limit: $300
Maximum Credit Limit: $2,000
Late Payment Fee: $20
Over-The-Limit Fee: $20
Cash Advance Fee: The greater of $5 or 3.5% of the cash advanced.
Minimum Deposit: $300
Maximum Deposit: $2,000
Deposit Interest: No
Application Fee: $75
Total First Year Fees: $75

*To view the most current rates, please see the most recent card issuer's "Terms and Conditions".




Rewards for Public Savings Bank Classic Secured VISA Card


There is no reward program for this card.




User comments about Public Savings Bank Classic Secured VISA Card


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