If you don't yet have a credit card, a Chase secured credit card may be the answer to your plastic woes. After all, there are many valid reasons why an unsecured credit card may not be in your immediate future. A Chase secured card can be the perfect alternative. Wondering if a Chase secured credit card is right for you? These tips will help you figure it out.
Don't Qualify For a Secured Card?
One of the surest signs that a Chase secured card is right for you is if you don't qualify for unsecured credit. Whether it's unpaid medical bills or a case of mistaken identity, it can take months (or even years) to repair your credit. Why go cardless in the meantime? A chase secured card can get you over the hurdles to come.
Want to Rebuild Credit?
If you don't have credit or need to rebuild it, a Chase secured credit card can be the perfect answer. Unlike prepaid credit cards, a Chase secured credit card is reported to the credit bureaus. This means that your Chase secured card activity can help you qualify for an unsecured credit card in the future.
Need To Get Into The Credit Card Swing?
If you need to get into the credit card swing of things, a Chase secured credit card is perfect for you. It works just like an unsecured card. You make purchases (up to your credit limit) and pay the bill when it comes in.
The only difference between a Chase secured credit card and traditional unsecured credit cards is that a secured card is secured by a savings account whereas unsecured cards aren't. That makes this card perfect for learning the credit card ropes.
Do You Have The Credit Card Blues?
Perhaps the most important factor in determining whether or not you need a Chase secured credit card is if you have the credit card blues. What are the credit card blues? Do you find yourself facing frustration every time you have to rent a car or book a hotel room? Is it due to a lack of a credit card? If so, you need a Chase secured credit card.
If you find yourself in need of a credit card and an unsecured card just isn't an option right now, a Chase secured credit card could be just what the doctor ordered. Get the credit you need now and build the credit rating you want for the future. In less than a year, a Chase secured credit card could open the doors to a world of unsecured credit.
