The minimum security deposit required for the Valley Bank Visa® Secured Business credit card is $1,100. Note that for this credit card, the amount you deposit is not equal to the credit limit. More specifically, the security deposit has to be 110% of the credit limit. So, if the minimum amount that you can deposit is $1,100, it's because the minimum credit limit that you can get approved for is $1,000.

Consider the Business Advantage Unlimited Cash Rewards Secured Card if you're looking for a secured business credit card with a security deposit that matches the starting credit limit. The minimum security deposit for this card is $1,000.

To apply for the Valley Bank Visa® Secured Business credit card, you'll have to submit a request through the bank's website, to express your interest, and a representative will reach out to assist with the application. If you prefer a more direct approach, you can visit a branch and apply in person with a bank representative.

How to Apply for the Valley Bank Visa® Secured Business Credit Card Online

1. Visit the bank's website.
2. Select “Business Secured Credit” under the “Which...