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How to apply to CITI Secured MasterCard Credit Card

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The CITI Secured MasterCard is your gateway to financial empowerment, providing a secure route to build or rebuild credit effortlessly.

Boasting user-friendly features and a straightforward approach, this card simplifies credit management complexities for a hassle-free experience. Whether you’re starting your credit journey or strengthening your financial profile, it’s tailored to meet your needs.

Moreover, the card’s potential collaboration with a distinguished partner enhances its value, bringing additional perks and advantages to cardholders through the synergy between CITI and another esteemed entity. Opt for the CITI Secured MasterCard to embark on a journey toward financial stability and unlock the rewards of responsible credit management.

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The Key Benefits of Card

  1. Credit Building Excellence: unlock the potential for great credit development while building a better financial base.
  2. User-Friendly Design: enjoy a smooth financial journey with features that are naturally designed for easy management.
  3. Increased Security: enjoy peace of mind with top-tier security features that protect your transactions and financial data.
  4. Partnership Rewards: unlock unique benefits through prospective collaborations with well-known businesses, increasing the total value of your card.
  5. Comprehensive Financial Journey: from simpler credit management to bonus benefits, the card provides a comprehensive and satisfying financial experience.
  6. Invest in the Future: choosing this card is an investment in a more secure and prosperous financial future.

Prerequisites

  1. Requirement for age: to ensure a legal and responsible cardholder base, applicants must be at least 18 years old.
  2. Financial Stability: it is critical to demonstrate a consistent income or work status, as well as the capacity to manage credit responsibly.
  3. Security Deposit and Check: as a secured card, applicants may need to provide a refundable security deposit, impacting the initial credit limit. Additionally, a credit check assesses creditworthiness during the application process.

Who is this CITI Secured MasterCard for?

User-friendly features make it accessible for credit management beginners, and potential perks from strategic partnerships enhance its overall value. If you’re envisioning a more secure and prosperous credit future, the CITI® Secured MasterCard is your ideal companion for financial success.

Positives and Negatives of the Card

Positives

  1. Credit Building Tool: builds or rebuilds credit securely.
  2. User-Friendly: easy-to-use features for straightforward credit management.
  3. Potential Partnerships: unique perks through potential collaborations.
  4. Quick Approval: swift application review, potential approval in 60 seconds.

Negatives

  1. Annual Fee: possible annual fee adds to ownership cost.
  2. Foreign Transaction Fees: extra charges for transactions in foreign currencies.
  3. No Interest on Deposit: security deposit doesn’t earn interest.
  4. Late Payment Fees: late payments result in additional fees.
  5. Initial Deposit Requirement: requires upfront security deposit.

Step By Step to Apply For the CITI Secured MasterCard

  1. Personal Information: fill in essential details, including name, address, contact, and email.
  2. Security Measures: choose a security word for added protection.
  3. Financial Details: declare income, disclose monthly payments, and select desired credit line (security deposit).
  4. Application Notes: understand the 14-day window to provide bank account information. Know that the security deposit goes to a Collateral Holding Account without interest.
  5. Optional: authorized User Opt to add an Authorized User to your account if desired.

PRESS TO HERE ACCESS CITI SECURED CREDIT CARD SITE

How to unlock the CITI Secured MasterCard?

  1. Apply Online: fill out the application with accurate information.
  2. Deposit Submission: if approved, provide your bank details within 14 days to fund the required security deposit.
  3. Credit Line Determination: the amount of your credit line is established by the chosen security deposit during the application.
  4. Collateral Holding Account: the security deposit is housed in a Collateral Holding Account, without accruing interest.
  5. Activation Readiness: your CITI Secured MasterCard is activated and ready for use in the process of building or rebuilding your credit.

Fees and Tariffs

Let’s break down the main costs linked to the CITI Secured MasterCard:

  1. Be aware of any prospective annual costs associated with card possession.
  2. Know the Annual Percentage Rate (APR) for payments, which represents interest on overdue amounts.
  3. A mandatory upfront, refundable security deposit has an effect on your credit line.
  4. Foreign currency transactions may incur additional fees.
  5. Late payment costs may apply if the due date is not met.

About the bank CITI

CITI is also known as “Citigroup” which was established back in the 19th century, and it is probably known for its comprehensive system of banking, investment and management of wealth services. This bank is dedicated towards bringing innovation, financial expertise and creating impact globally across the landscape of internal banking systems.

PRESS HERE TO DOWNLOAD THE CITI MOBILE APP ON IOS

PRESS HERE TO DOWNLOAD THE CITI MOBILE APP ON ANDROID

Customer Service

  • Official Website
  • Phone Numbers:
  • General Inquiries: 1-800-950-5114
  • TTY: 1-800-325-2865 (for hearing impaired)
  • Email: CITI Email Support

Discover other credit cards in our website, like the How to apply to Chase Sapphire Preferred Credit Card

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