Additional information of Secured Cash Back card
To apply for the Secured Cash Back credit card from First Citizens Bank, you will have to go to the agency of your choice. The only condition to obtain it is to make a security deposit of at least $500.
This amount will indicate your credit limit and will be returned to you when you close the account or if you switch to an unsecured card.
The cashback program for this card works like this: for every dollar you spend on eligible purchases, you get 1% cash back. You can do this in an unlimited way and without having to choose any category each semester.
When redeeming your rewards, you can choose between a direct deposit to an account at this bank or a credit to your balance.
Among the benefits associated with this financial instrument, it is worth mentioning:
- Message or email alerts
- Opportunity to build or repair your credit history
- Free monitoring of your FICO score through digital banking
- Protection for your cell phone when you pay your bill with this Visa
- Switch to an unsecured card after periodic evaluation
- Digital wallet membership so you can pay with your devices
As for usage fees, we find:
- Balance transfer: 3% of the amount or a minimum of $5
- Foreign transaction: 3% of each transaction in USD.
First Citizens Bank's secured and cash back credit card looks like a very useful option for those looking to improve their financial habits. With Busconomico's search engine you can also find other similar alternatives that you can compare in one place.
Español: Tarjeta Asegurada Cash Back de First Citizens Bank