There is no Barclay secured card. Barclays doesn’t have any credit cards for people with bad credit. And the sole offer for people with limited or no credit history, called Barclaycard Initial, is only available in the UK. All the U.S. Barclaycards require good credit or better, and you need excellent credit to get the best ones.
You’ll have more luck with Discover or Capital One. Their secured cards both have no annual fee, which means you can build up your credit as cheaply as possible.
Here’s what to get instead of a Barclay secured credit card:
Discover it Secured Card: You won’t pay any annual fees, and the minimum deposit is $200. You’ll get 2% cash back on gas and restaurants, for up to $1,000 in purchases each quarter. You’ll get 1% cash back everywhere else. And at the end of your first year, Discover will match all the cash you’ve earned.
Capital One Secured Card: There’s no annual fee, and the minimum deposit will be $49, $99 or $200, depending on your creditworthiness. No matter which deposit you make, your credit line will be $200. There aren’t any rewards.
Citi Secured Mastercard: There’s no annual fee, and the minimum deposit is $200. This card doesn’t offer any rewards.
You won’t be able to get a Barclay secured card, but you can get one from another issuer. And if you stay on track, you’ll eventually be eligible for a Barclaycard.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.