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The maximum security deposit for the BBVA Compass Secured Visa® Business Credit Card is $5,000, according to customer service. The minimum deposit for this card was $500. But the BBVA Compass Secured Visa® Business Credit Card is no longer available for new applicants.
If you’re looking for a secured business credit card, you can try applying for the Business Advantage Unlimited Cash Rewards Secured credit card. This card requires a $1000 minimum security deposit. The maximum limit can be up to $50,000 for cards funded with a Bank of America account and $10,000 for cards funded with a non-Bank of America account. The Business Advantage Unlimited Cash Rewards Secured Card has a $0 annual fee and accepts people with bad credit. However, there are several other secured business credit cards you can check out, too.
Notable Secured Credit Cards for Business
- Best Overall: Business Advantage Unlimited Cash Rewards Secured credit cardLearn MoreLearn More
- Best Overall: Business Advantage Unlimited Cash Rewards Secured credit cardLearn MoreLearn Moreon issuer's website
- Best Overall: Business Advantage Unlimited Cash Rewards Secured credit cardLearn MoreLearn More
- Gas & Utilities: Truist Enjoy Cash Secured Credit CardLearn MoreLearn More
- Gas & Utilities: Truist Enjoy Cash Secured Credit CardLearn MoreLearn Moreon issuer's website
- Gas & Utilities: Truist Enjoy Cash Secured Credit CardLearn MoreLearn More
- Low Annual Fee: First National Bank of Omaha Business Edition® Secured Mastercard® Credit CardLearn MoreLearn More
- Low Annual Fee: First National Bank of Omaha Business Edition® Secured Mastercard® Credit CardLearn MoreLearn Moreon issuer's website
- Low Annual Fee: First National Bank of Omaha Business Edition® Secured Mastercard® Credit CardLearn MoreLearn More
- Dining: U.S. Bank Altitude® Go Visa® Secured CardLearn MoreLearn More
- Dining: U.S. Bank Altitude® Go Visa® Secured CardLearn MoreLearn Moreon issuer's website
- Dining: U.S. Bank Altitude® Go Visa® Secured CardLearn MoreLearn More
- High Rewards Rate: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn More
- High Rewards Rate: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn Moreon issuer's website
- High Rewards Rate: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn More
- Best Overall:
- Gas & Utilities:
- Low Annual Fee:
- Dining:
- High Rewards Rate:
Feel free to take a look at our editors' picks for the best secured business credit cards to weigh your options.
Popular Credit Cards
People also ask
How long does it take to get the BBVA Compass Secured Visa Business Credit Card?
It used to take about two weeks to get the BBVA Compass Secured Visa® Business Credit Card after you had been approved. But this card is no longer available to new applicants. However, this doesn’t mean you are out of options, as there are several secured business credit cards available from other issuers.
A good option is the Business Advantage Unlimited Cash Rewards Secured Card. This card offers 1.5% cash back on all purchases and has a $0 annual fee. The card requires a minimum deposit of $1000 and accepts applicants...
read full answer by Maria Adams, Credit Cards ModeratorDoes the BBVA Compass Business Secured card report to all credit bureaus?
No, the BBVA Compass Secured Visa® Business Credit Card doesn’t report to the credit bureaus TransUnion, Experian, and Equifax at all. Being a business credit card, it will only report your activity to the business credit bureau Dun & Bradstreet on a monthly basis.
read full answer by Evelyn Boros, Credit Cards ModeratorDid we answer your question?
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