Is the Surge Credit Card a secured card? This question is about the Surge Mastercard® Credit Card

Is the Surge Credit Card a secured card?

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This question is about the Surge Mastercard® Credit Card

Rodney Bennett, WalletHub Analyst

@rodneyben • 08/27/21 This answer was first published on 02/19/19 and it was last updated on 08/27/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, the Surge Credit Card is not a secured card, so you're not required to put down a security deposit. The Surge Credit Card is an unsecured credit card designed for people with bad credit. It offers a minimum credit limit of $300, with potential increases after six months, depending on your creditworthiness and overall financial situation. It does come with hefty fees though. There is a $75 - $99 annual fee. And the card also has a monthly fee: None 1st yr, up to $10 after.

Feel free to also check out some of the best credit cards for bad credit and pick one according to your individual needs. Secured credit cards tend to be offer better rates and fees in exchange for a security deposit. But there are good options among the best unsecured cards for bad credit as well.

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