Secured Credit Card – Citibank Secured Credit Card Update

Okay so you may be researching secured credit card Duane here with how to build credit TV and in this video I'm just gonna give a update video to a secured credit card that I have which is a Citibank secured credit card

And I just want to talk about what to expect when you're interested in getting this particular card So that's what we're gonna talk about in this video but before we get started I have a quick message Once again my name is Duane with how to build credit TV and on this channel we talk about everything you need to know about credit Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score We also talked about ways to get cash back actual cash money from using credit cards as well as credit car reviews

If this sounds like something in which you're interested be sure to subscribe to our channel by clicking the word subscribe below this video to the right and click that notification bell so you don't miss a thing Okay so I want to make a really quick video to talk to you guys about secured credit cards or secured credit card Now in this video I'm gonna be talking about my experience with the Citibank secured credit card I've had this credit card for about ten months now and recently I just received a letter from them I'll put the letter on the screen that talks about the fact that I no longer need a deposit because my card is going to graduate to an unsecured credit card

So I just kind of wanted to make a update video to talk about this particular secured credit card and let you know what to expect from this particular target which is the Citibank secured credit card So like I said I had the card for about ten months now and I initially just deposited $200 with this card And the reason why I got this secured credit card was because I wanted to establish a relationship with Citibank It has been a while since I had an account with Citibank and I wanted to kind of re-establish relationship with them because I was interested in getting other cards that they do offer Okay so when I got the Citibank secured credit card I deposited $200

So they basically held my $200 in an account of course this account does not accrue interest or anything like that it's just a collateral holding account And so they hold my 200 bucks and that's all they did they did that for about ten months Now to be honest with you I did not use this secured credit card that much I think I probably used it over the 10 months maybe six times and I'm not exaggerating literally maybe only six times So it's actually kind of weird to me because I've had the discover it secured credit card for about the same time period, actually about eleven months now and I have a twenty five hundred dollar limit on that card

So I deposited twenty five hundred dollars with Discover Card and I have not been upgraded as yet So this is interesting to kind of learn the difference between the two different credit card companies and the fact that they're looking at two different criteria as far as what you need to do in order for them to graduate your card from a secured credit card to an unsecured credit card So I just kind of want to make a video to just let you guys know if you're interested in getting a secured credit card or even if you're interested in getting be citibank secured credit card That me and my personal experience it had been ten months and they graduated my account from the secured credit card to an unsecured credit card So the letter basically just state that I'm going to get my money back they're gonna be sending my money back and I can expect to get the unsecured credit card in about seventy-five days which is clearly not a short time

But the letter just says hey continue to use a credit card until you get the new unsecured credit card and then you can activate that card So once again the purpose of doing this video is just like I said to just give you information about the citibank secured card and my experiences with that card, so you know you can probably expect to be graduated with this particular card anywhere between ten months to a year And I think that's probably a pretty average rate when it comes to secured credit cards Now the Discover card like I said I've had that card for eleven months at the end of next month it'll be an entire year that I've had that card and that card I like a lot I'll put a link right here so you can check out that card, and the fact that I've been able to get back quite a bit of cash back So like I said once again I just want to make a quick update video to let you know what to expect if you're interested in getting secured credit cards

Alright just real quickly here I want to show you guys to my FICO credit score that I get for free with the Citibank secured credit card So I have my cell phone here I'll go ahead and start a screen recording give me one second here I should've already started the screen recording but I'm starting the stream recording right now and I'm gonna have this on the screen So I'll show you guys that so I'm gonna log into my city bank account alright as you can see here I'm touching the citibank Then it's gonna ask for my fingerprint so on and so forth So I'm gonna login to this account and I just want to show you like I said I'm gonna sign on I just want to show you like I said that citibank does give you a free FICO credit score not just a regular credit score like a FICO credit score

So this is pretty legitimate this is what most of the bank's use in order to determine if they want to give you a credit card or a loan or anything like that when it comes to getting money from a bank So I'm logged in to my account and I'll click on services at the bottom of the screen and then I click on credit management and I have my phone on the screen as well And so I'll click on FICO scores so I click on FICO score and as you can see here it has it on the screen that it's 830 and that's what the current score is based on a scale from 250 to 900 Then they also have key factors you know things that are affecting your FICO score So it kind of gives you feedback as to what is the reason for your FICO score being what it is currently

Let me just click on the six months history here just to kind of show you guys So as you can see on the screen back in February my FICO score was 690 and it continued to go up up and up and up and up over the months So I didn't really do anything in particular I made sure that I paid my bill off in full every single month because that's what I do that's what I practice with all of my credit cards And I would advise you to do the same thing as well because it's there really isn't a benefit to having a balance for your credit card other than paying interest and giving the credit card company some more money So anyway I just want to show you guys that

Once again the FICO score that I get that you get with the Citibank secured credit card So if you're interested in this card definitely go for it I think it's a decent card and like I said they upgraded me to the unsecured credit card in ten months So thanks for watching this portion of the video and I'll see you in just one second Secured credit cards are a good way to go if you're trying to re-establish credit, if you're trying to build your credit So if you don't know a lot about secured credit cards I've done a lot of videos in regards to secured credit cards so you can subscribe to the channel or go to the channel and just kind of have a look around

I think I have a playlist that is entitled secured credit cards actually I do have a playlist entitled of the secured credit card So you can watch that playlist because I've done a lot of videos on a lot of different secured credit cards So once again thank you so much for watching this video If you enjoyed the video please give it a thumbs up it helps our channel quite a bit and if you want to share this video with somebody that may find it helpful please feel free to do so as well If you haven't subscribe to the channel consider subscribing to the channel because on this channel we talk about everything you need to know about credit

Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score We also talked about ways to get cash back actual cash money from using credit cards as well as credit card reviews If this sounds like something in which you're interested be sure to subscribe to our channel by clicking the word subscribe below this video to the right and click that notification bell so you don't miss a thing Once again my name is Duane with how to build credit TV and I approve this video I'll see you in the next video

Until next time take care and be blessed Peace!

Secured Credit Card – Citibank Secured Credit Card Update

Okay so you may be researching secured credit card Duane here with how to build credit TV and in this video I'm just gonna give a update video to a secured credit card that I have which is a Citibank secured credit card

And I just want to talk about what to expect when you're interested in getting this particular card So that's what we're gonna talk about in this video but before we get started I have a quick message Once again my name is Duane with how to build credit TV and on this channel we talk about everything you need to know about credit Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score We also talked about ways to get cash back actual cash money from using credit cards as well as credit car reviews

If this sounds like something in which you're interested be sure to subscribe to our channel by clicking the word subscribe below this video to the right and click that notification bell so you don't miss a thing Okay so I want to make a really quick video to talk to you guys about secured credit cards or secured credit card Now in this video I'm gonna be talking about my experience with the Citibank secured credit card I've had this credit card for about ten months now and recently I just received a letter from them I'll put the letter on the screen that talks about the fact that I no longer need a deposit because my card is going to graduate to an unsecured credit card

So I just kind of wanted to make a update video to talk about this particular secured credit card and let you know what to expect from this particular target which is the Citibank secured credit card So like I said I had the card for about ten months now and I initially just deposited $200 with this card And the reason why I got this secured credit card was because I wanted to establish a relationship with Citibank It has been a while since I had an account with Citibank and I wanted to kind of re-establish relationship with them because I was interested in getting other cards that they do offer Okay so when I got the Citibank secured credit card I deposited $200

So they basically held my $200 in an account of course this account does not accrue interest or anything like that it's just a collateral holding account And so they hold my 200 bucks and that's all they did they did that for about ten months Now to be honest with you I did not use this secured credit card that much I think I probably used it over the 10 months maybe six times and I'm not exaggerating literally maybe only six times So it's actually kind of weird to me because I've had the discover it secured credit card for about the same time period, actually about eleven months now and I have a twenty five hundred dollar limit on that card

So I deposited twenty five hundred dollars with Discover Card and I have not been upgraded as yet So this is interesting to kind of learn the difference between the two different credit card companies and the fact that they're looking at two different criteria as far as what you need to do in order for them to graduate your card from a secured credit card to an unsecured credit card So I just kind of want to make a video to just let you guys know if you're interested in getting a secured credit card or even if you're interested in getting be citibank secured credit card That me and my personal experience it had been ten months and they graduated my account from the secured credit card to an unsecured credit card So the letter basically just state that I'm going to get my money back they're gonna be sending my money back and I can expect to get the unsecured credit card in about seventy-five days which is clearly not a short time

But the letter just says hey continue to use a credit card until you get the new unsecured credit card and then you can activate that card So once again the purpose of doing this video is just like I said to just give you information about the citibank secured card and my experiences with that card, so you know you can probably expect to be graduated with this particular card anywhere between ten months to a year And I think that's probably a pretty average rate when it comes to secured credit cards Now the Discover card like I said I've had that card for eleven months at the end of next month it'll be an entire year that I've had that card and that card I like a lot I'll put a link right here so you can check out that card, and the fact that I've been able to get back quite a bit of cash back So like I said once again I just want to make a quick update video to let you know what to expect if you're interested in getting secured credit cards

Alright just real quickly here I want to show you guys to my FICO credit score that I get for free with the Citibank secured credit card So I have my cell phone here I'll go ahead and start a screen recording give me one second here I should've already started the screen recording but I'm starting the stream recording right now and I'm gonna have this on the screen So I'll show you guys that so I'm gonna log into my city bank account alright as you can see here I'm touching the citibank Then it's gonna ask for my fingerprint so on and so forth So I'm gonna login to this account and I just want to show you like I said I'm gonna sign on I just want to show you like I said that citibank does give you a free FICO credit score not just a regular credit score like a FICO credit score

So this is pretty legitimate this is what most of the bank's use in order to determine if they want to give you a credit card or a loan or anything like that when it comes to getting money from a bank So I'm logged in to my account and I'll click on services at the bottom of the screen and then I click on credit management and I have my phone on the screen as well And so I'll click on FICO scores so I click on FICO score and as you can see here it has it on the screen that it's 830 and that's what the current score is based on a scale from 250 to 900 Then they also have key factors you know things that are affecting your FICO score So it kind of gives you feedback as to what is the reason for your FICO score being what it is currently

Let me just click on the six months history here just to kind of show you guys So as you can see on the screen back in February my FICO score was 690 and it continued to go up up and up and up and up over the months So I didn't really do anything in particular I made sure that I paid my bill off in full every single month because that's what I do that's what I practice with all of my credit cards And I would advise you to do the same thing as well because it's there really isn't a benefit to having a balance for your credit card other than paying interest and giving the credit card company some more money So anyway I just want to show you guys that

Once again the FICO score that I get that you get with the Citibank secured credit card So if you're interested in this card definitely go for it I think it's a decent card and like I said they upgraded me to the unsecured credit card in ten months So thanks for watching this portion of the video and I'll see you in just one second Secured credit cards are a good way to go if you're trying to re-establish credit, if you're trying to build your credit So if you don't know a lot about secured credit cards I've done a lot of videos in regards to secured credit cards so you can subscribe to the channel or go to the channel and just kind of have a look around

I think I have a playlist that is entitled secured credit cards actually I do have a playlist entitled of the secured credit card So you can watch that playlist because I've done a lot of videos on a lot of different secured credit cards So once again thank you so much for watching this video If you enjoyed the video please give it a thumbs up it helps our channel quite a bit and if you want to share this video with somebody that may find it helpful please feel free to do so as well If you haven't subscribe to the channel consider subscribing to the channel because on this channel we talk about everything you need to know about credit

Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score We also talked about ways to get cash back actual cash money from using credit cards as well as credit card reviews If this sounds like something in which you're interested be sure to subscribe to our channel by clicking the word subscribe below this video to the right and click that notification bell so you don't miss a thing Once again my name is Duane with how to build credit TV and I approve this video I'll see you in the next video

Until next time take care and be blessed Peace!