- Discussion board

What is Unsecured credit card?

an "unsecured card" is a credit card that doesn't require a deposit to open the account. as opposed to a "secured" card which does.

strictly speaking, "unsecured" cards should be and, in essence, are for people with decent to good credit, yet you should be aware that if something is MARKETED as "unsecured" (i.e. this is the main selling point), it's probably still designed for the subprime category of applicants.

my point is, the majority of cards are unsecured, but most never mention that because it's just assumed.