This is a credit card that is guaranteed by a cash deposit held in a special savings account.
A card that is secured by a savings account opened with the issuer. The card is designed for people who are looking to rebuild their credit, but are having trouble getting an unsecured card.
A Secured Card is a credit card that a cardholder "secures" with a deposit to ensure payment of the Outstanding Balance if the cardholder defaults on payment. Secured credit cards are general-purpose credit cards targeted to customers with imperfect or limited credit histories who do not qualify for a traditional unsecured credit card loan.