GUARANTEED SECURED MASTERCARD REVIEW
Guaranteed Secured MasterCard - Poor Credit Rating Card
(Which Way To Pay - 6/4/2011)
A credit card that is ‘secured’ essentially means that you will need to offer up ‘security funds’ as collateral in order to gain access to this line of credit.
 
However, there is no need to be alarmed as the funds you need to offer will not be a ridiculously scary amount. Rather the amount will range anywhere between $75-$300 and you will get this back if you ever decide to close your card. It is basically just acting as a way that the bank can rationally give you a line of credit so that they know if you were to fail to comply with the cards terms and conditions then they would have a way of holding you accountable.
 
Once accepted onto this card, you will gain a credit limit of $300 or more. The exact amount will depend on all the usual things such as your credit history, your income and your capability to meet repayments.
 
The massive plus point of this card is that there is guaranteed acceptance for everyone! This is one of the benefits of having to put up security funds as collateral. There are also the benefits that come with every card such as $0 fraud liability and purchase protection.
 
One thing that this card will most definitely help you to do is establish your credit history. Even if you have a poor credit history this card could help things get back on track by rebuilding your history for you (so long as you stick to the card requirements!).
Guaranteed Secured MasterCard is ranked 4 out of 5. Based on 1 review.

4 Star Rating
    
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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Guaranteed Secured MasterCard