Skip nav to main content.

FAQ Category: Visa Credit Card - Share Secured


What is a Share Secured Credit Card?

A Share Secured Credit Card is backed by funds you have on deposit at People Driven Credit Union. Your deposit acts as collateral, and your credit limit is typically equal to the amount you pledge. This card works like a regular credit card and can help...

Continue Reading

How does the security deposit work?

When you open a Share Secured Credit Card, you agree to place a certain amount of money in a PDCU savings account as collateral. This deposit is held while the account is open and in good standing. If the account is closed and all balances are paid, the...

Continue Reading