Do I need to fund a security deposit for the Truist Enjoy Cash Secured card?
Yes, you need to fund a security deposit for the Truist Enjoy Cash Secured Credit Card after your application is approved. The deposit will act as the card's credit limit and it will also serve as collateral.
The minimum amount you can fund in order to open the account is $400, though you can choose to pay more, up to the approved credit limit. Keep in mind that after your account is open, you cannot add any more funds to the security deposit.