BECU Secured Cash Back Credit Card

Earning Rates

Key Benefits

All Benefits

• 1.5% unlimited cash back on every purchase with no caps - identical earn structure to the unsecured BECU Cash Back card; cash back is automatically credited monthly
• $0 annual fee - unusual for a secured card; most issuer secured cards (Discover Secured, Capital One Platinum Secured, Citi Secured) charge an annual fee or carry structural costs
• Security deposit required: minimum $250, maximum $10,000 - the deposit determines the credit line on a 1:1 basis
• Security deposit is held in a BECU savings account and is fully refunded after the cardholder applies for, qualifies for, and receives an unsecured BECU credit card
• Credit bureau reporting: BECU reports secured card usage and payment history to Equifax, Experian, and TransUnion; account factors into overall credit score
• $0 foreign transaction fees - rare on a secured card
• $0 balance transfer fees - rare on a secured card
• $0 cash advance fees
• Standard variable APR: rates 'as low as 12.49% APR' (effective 5/1/2026) with the full range running 12.49% to 25.49%; identical to unsecured BECU Cash Back card APR range, not punitively higher
• BECU membership required - eligibility open to residents of Washington State, certain Idaho counties, select South Carolina counties, Select Employer Groups (including Boeing), family of existing members, and partner organizations
• Visa network with EMV chip card and contactless tap-to-pay; mobile wallet compatibility with Apple Pay, Google Pay, and Samsung Pay - card is visually identical to the unsecured BECU Cash Back on the front (no 'SECURED' marker)
• $0 fraud liability per Visa Zero Liability Policy; 24/7 fraud monitoring; Visa Account Updater; card lock / unlock controls
• Cash back redemption: automatic monthly statement credit
• Graduation path: cardholders who establish a positive payment history can apply for an unsecured BECU credit card and, upon approval, receive a full refund of the security deposit
• Transfer partners, airport lounge access, annual statement credits, travel insurance, cell phone protection: Not offered - positioned for credit-building rather than premium travel