Credit Cards and Credit Lines

A secured visa card allows you to spend up to the credit limit you establish by funding your Secured Card Collateral Account.

To establish a credit limit, you must set up a Wells Fargo Secured Card Collateral Account (”the Collateral Account”) and make a deposit to it in increments of $100 ($300 minimum/$5,000 maximum).

You may charge up to the dollar amount of your credit limit

Your Collateral Account is held as security for your credit card account.

The Collateral Account is not interest-bearing.

You may be eligible to graduate to an unsecured credit card after 12 months To learn more, read Establishing Good Credit or contact customer service at 1-800-642-4720 apply online or print an application. Wells fargo has received good reviews for this program.