Secured credit cards are piquing the interest of more banks, particularly bigger ones.

In 1994, MasterCard International says, secured credit card accounts grew 114% to 1.5 million. And the association estimates that by the end of this year the number of accounts will exceed two million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.