Surge® Platinum Mastercard® vs. Capital One Platinum Secured Credit Card
The Capital One Platinum Secured Credit Card offers a smaller credit limit, initially up to $200, but with no fees and a minimum security deposit of $49, $99 or $200. Potentially you could begin building or repairing credit for $49, which is refundable. You can raise your initial credit line by depositing more money.
While this card doesn’t offer perks like a sign-up bonus or rewards, it does offer a clear path on how you can use it to rebuild your credit and upgrade to an unsecured card. Additionally it reports to all three credit bureaus to further assist you in improving your credit.
Surge® Platinum Mastercard® vs. Discover it® Secured Credit Card
As a card that’s intended for people with poor or limited credit, the Discover it® Secured Credit Card offers a slightly lower APR, no annual fee and your choice of credit limit (you choose your limit, based on your security deposit, from $200 up to the credit line approved). One feature worth noting is that after seven months of card membership, Discover automatically reviews your account to determine if you’re eligible for a transition to an unsecured account with no security deposit.
Cardholders can earn Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.. And to sweeten this even further, Discover matches all of your cash back at the end of your first year. So if you’ve earned $400 in cash back, you’ll get another $400.