You can apply for a secured credit card by following these steps: Check your credit Shop around Compare secured card features Submit your application Pay the deposit

You apply for the card. The issuer evaluates how risky they think it would be to extend you credit (a process called underwriting), and if your application meets their standards, you're approved. Before the issuer will open your account, you have to pay your security deposit.

To begin the process, fill out and submit the application form. You will need to activate the fixed deposit in order to park your collateral. Step 3: Await approval Once your application is approved, the card you have applied for will be delivered to the registered address.