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Secured Credit Card -- How big of a deposit?

Date: Sat, 02/21/2009 - 17:16

Submitted by anonymous
on Sat, 02/21/2009 - 17:16

Posts: 202330 Credits: [Donate]

Total Replies: 6


I'm building credit from scratch and I'm wondering if the amount I transfer into the savings account would have an impact on how much my score is effected. I'm starting with $250, but will more be beneficial? How much do you recommend?


that sounds good.just remember it is a credit card,so keep up with it and your score will go up.250.00 is a good starting point.you can always add to your credit line.


lrhall41

Submitted by paulmergel on Sat, 02/21/2009 - 17:39

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