Secured VISA
If you need to establish credit or rebuild your credit, a MEFCU Visa Secured credit card might be right for you. Backed by a collateral deposit in a savings account, Visa Secured can be used just like any other Visa credit card. MEFCU has two options for you: a fully-secured card and a semi-secured card.
Account Features:
- Competitive interest rates--same low rate for purchases and cash advances
- Credit line secured by compensating balance
- Worldwide acceptance wherever Visa is accepted
- Annual fee applies
Fully-Secured Option
- Deposit and maintain 110% of credit limit in a secondary savings account
- Minimum credit line is $500
- Card is issued immediately upon collateral account funding
Semi-Secured Option:
- Maximum credit line available is $500
- Build your collateral account through weekly deposits of at least $20 into a special savings account
- Card will be issued when collateral account reaches $250
- Deposits continue until collateral account balance reaches 110% of your credit limit
You can apply for a MEFCU Visa card in two ways:
- Complete and submit a MEFCU Visa application online.
- Call our Member Contact Center at 1-800-821-7280 to request an application be sent to you.
Already have a MEFCU Visa Secured credit card and need to check your balance? Click here to go to ezcardinfo, where you can see your current balance and your last 10 transactions.
Verified by Visa protects your existing Visa card with a personal password, giving you reassurance that only you can use your Visa card online. Click here to register today!