Find out how to build or rebuild your credit score with a $0 annual fee on our Citi® Secured Mastercard® review post.

Look at some of this card’s benefits and drawbacks so you can start your credit history. Read on to learn more!

Citi® Secured Mastercard® is a credit card that requires a security deposit (from $200-$2500), which acts as your credit limit.

Unlike a debit card, the Citi® Secured Mastercard® can help you build a credit history.

So that is a smart choice for those who are trying to build or rebuild their credit because it will report your payment history to the three major credit bureaus in the country.

Once you have the card, you’ll also be able to access your FICO score online and for free. That way, you can track your credit score and control your expenses to improve it.

Citi® Secured Mastercard® still comes with some nice perks, such as 24/7 customer service, Fraud Protection, and Chip technology for increased security.

It charges no annual fee, and the APR is considered average-priced for a secured card. Still, there’s a 3% U.S dollar foreign fee for each international purchase with this card.

In addition, you can use this anywhere Mastercard is accepted with $0 liability on unauthorized charges.

Plus, if you make your payments on time and keep your account in good standing, you may eventually be able to qualify for an unsecured credit card with more benefits.

This card might be an excellent shot if your goal is to build a credit history. So, review its pros and cons, and weigh if it’s what you want for your finances.

Citi® Secured Mastercard® doesn’t require a minimum credit score to apply. However, The qualification analyses will consider your financial background, which can impact the variable fees on your card.

If you enjoyed the Citi® Secured Mastercard® review, there’s much more to know about this card if you want one. Keep reading about its application process and eligibility requirements.

Citi® Secured Mastercard® requires applicants to be at least 18 years old or older and residents of the USA.

Then when you fill out the application form, you will need to provide some personal and financial information,  such as your income address, date of birth, and Social Security number.

Then the decision will be based on your creditworthiness. If approved, you usually may hear from them in seconds.

In case of approval, you’ll have 14 business days to provide the banking account information you will use to make a security deposit.

You can manage your account, check your balance, and control expenses on the Citi® app.

On the other hand, you are not allowed to apply for a card in the app. Before downloading the app, use your computer/cell phone to access the website.

If you’re shopping for a secured card, we recommend looking at the GO2bank™ Secured Visa®.

This card comes with no annual fee, online management, and offers cash back. So, you can build or rebuild your credit while earning rewards for it.

However, before you jump into that, let’s compare the Citi® Secured Mastercard® with GO2bank™ Secured Visa® so that you can make an intelligent choice.

If you think the GO2bank™ Secured Visa® can be the best option for your finances, read our post below to learn how the application process works!

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.