If you’re trying to decide between a student credit card and a secured credit card, you should know these card products are similar but not exactly the same. Where student credit cards are unsecured cards that don’t require a cash deposit as collateral, secured credit cards require a minimum deposit (usually $49 to $200) to begin building credit with a card you can use for purchases.
That said, secured credit cards come with one benefit that makes them a better choice for a variety of people; They are easiest to get approved for among all types of credit cards available today. Read on to learn more about the secured vs. student credit card debate, the pros and cons of each type of credit card and how you can decide which one is best for you.
When to choose a student card
