Helping you get back on track.
If you're looking to build your credit or you would like a credit card a secured Visa from WECU® is a great option. Using existing savings funds as security, WECU® can offer a Visa Classic Card at 12.9% APR with a 1% cash back bonus on all purchases at the end of each year.
The nuts and bolts of WECU's secured cards
- Tell us how much you would like your limit to be and we'll "freeze" that amount in your savings account using this as collateral for your credit card.
- Continue to earn high dividends on your savings account balance even though you are unable to use the funds.
- Helps to build your credit and solidifies your payment relationship with WECU®.
- No annual fee.
- Fixed rate of 12.9% and a 1% cash back bonus at the end of each year.
- Optional Payment Protection available.
- Please note that the application process for secured Visas includes pulling your credit report and obtaining your financial information. Although this is a secured loan, we must still ensure that you can afford to make the payments.
Highlights of a savings secured loan at WECU:
- Automatic payment options.
- No-Fee Balance Transfers
- Easy access to your loan or Visa accounts with E-Max online banking and Tele-Max audio response.