The U.S. Bank Cash+® Visa® Secured Credit Card is a secured credit card, which means you have to fund your own credit limit. You can put down a refundable security deposit starting at $300 up to $5,000. Once you graduate to an unsecured card or close your account in good standing, U.S. Bank will refund that amount to you.

Yes. Even though the U.S. Bank Cash+® Visa® Secured Credit Card is in the secure segment, it performs a hard pull on your credit history once you submit your application. A hard pull can decrease temporarily your credit score, but it should be restored within a couple of months with responsible use.

Yes. The U.S. Bank Cash+® Visa® Secured Credit Card reports all account activity to the three main credit bureaus in the country (Experian, Equifax and TransUnion). That means that with responsible use, low credit utilization and on-time payments, you’ll be able to notice an improvement on your credit score within a couple of months.