Chip Lupo, Credit Card Writer
@CLoop
Yes. The Applied Bank Secured Credit Card reports to all 3 credit bureaus: Equifax, Experian and TransUnion. Applied Bank relays account information to the credit bureaus once a month on the statement closing date. Info such as timely payments and low credit utilization will help boost a cardholder’s credit score.
Applied Bank® Secured Visa® Gold Preferred® Credit Card
Applied Bank® Secured Visa® Gold Preferred® Credit Card
Toby Townsend, Member
@TTownsend
The Applied Bank Gold card does report account information to the major credit bureaus each month, thus allowing you to improve your credit standing with responsible use.
People also ask
Do secured credit cards report to credit bureaus?
All major secured credit cards report to at least one of the big three credit bureaus, TransUnion, Equifax, and Experian, on a monthly basis. In fact, five of the most popular secured cards, those from Discover, Capital One, Citi, Wells Fargo and Bank of America, report to all three credit bureaus, according to Discover’s website.
When you get a secured credit card, the account should appear on your credit report within 1-2 months. After that, secured cards generally...
read full answer by WalletHub, Financial CompanyHow long does it take to build credit with a secured credit card?
You can start building credit with a secured credit card in as little as one to six months, but it can take many months or even years to build a consistently good or excellent credit score. The length of time also depends on whether you’re building credit from nothing or rebuilding damaged credit.
Providing an accurate estimate of how long it takes to build credit with a secured credit card can be challenging without considering individual...
read full answer by WalletHub, Financial CompanyDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.