Last News:

keybank rewards credit card how to get amex centurion does chase charge atm fees citibank corporate card phone number state tax lien credit report upgrade to amex platinum offer

Review of the DCU Visa® Platinum Secured Credit Card

Brendan Harkness

Brendan Harkness | Reviews

Jun 08, 2016

If your questions are not answered by this post, use the ASK button in the top right to tell us what’s missing!

Although Ibis Consultants does receive compensation from some card issuers as advertisers, this does not in any way influence our overall judgement of a card. DCU has not endorsed this content in any way.

Learn more about .

The DCU Visa Platinum Secured Credit Card provides a way for people with low credit scores to improve their credit, creating a positive account history that will boost your score.

This is a secured credit card, which means it requires a security deposit when you’re first approved. You’ll also need to be a member of the DCU Federal Credit Union, and you can see eligibility requirements and learn how to join right here.

This card has low rates and fees, making it a good option for college students. Is it the right one for you? Keep reading to find out!

DCU Visa® Platinum Secured Credit Card
  • Editors’ Rating
Apply Now

DCU Visa® Platinum Secured Credit Card

For People with
Bad Credit

  • Annual Fee: $0
  • Interest Rate: 11.75% *Variable
Quick Card Facts
  • No annual fee
  • Extended Warranty
  • Travel Insurance
  • Build credit with this card and graduate to a better one

The Rewards

You won’t earn any rewards, like points or cash back, for using this card.

But you will be improving your credit as long as you use it responsibly, and eventually you’ll be able to qualify for a card with rewards and better benefits.

The Benefits

You can’t expect to get incredible benefits with any secured card, but the ones you’ll get with the Visa Platinum Secured are a bit better than most of them. Benefits like these are common on most non-secured cards.


  • Optional Overdraft Protection

    If you overdraw from your DCU bank account, your card will be charged so you can avoid overdraft fees.

  • Fraud Protection

    You will not be held responsible for unauthorized use of your card.

  • Chip-and-Signature Technology

    For added protection when shopping. You can find more information on EMV technology here.


  • Extended Warranty

    Eligible warranties can be extended by up to an additional year.

  • Visa Checkout

    Added security when shopping – use a password instead of your card number.


  • Auto Rental Collision Damage Waiver

    Collision damage or theft on auto rentals are covered if you rent the car with your card and decline the rental company’s coverage.

  • Travel Accident Insurance

    Get up to $500,000 on death and dismemberment when you use your card to purchase a common carrier ticket on any airline, train, ship, or bus.

  • Room Coverage

    If you’re late to eligible hotels, motels, and resorts, you’re guaranteed that your room remains available.

The Costs & Fees

Annual Fee Purchase and Balance Transfer APR Cash Advance APR Foreign Transaction Fee
$0 11.75% *Variable 11.75% *Variable 2%
Penalty APR Late Fee Returned Payment Fee
18.00% *Variable Up to $35 See Terms

You’ll also need to pay a security deposit when you first open the account, and this will determine your credit limit. Your deposit will be returned when you close the card.

As you can see, there’s no annual fee so this card should be free to use, not counting the security deposit. As long as you pay off your balance in full each month, no interest charges will be accrued, making this a cheap option to improve your credit (although the interest rates on this card are actually very low, even for non-secured cards).

The Bottom Line: 4 Out Of 5 Stars

If you have low credit scores, or haven’t started building credit yet, the DCU Visa Platinum Secured Credit Card is a cheap and easy way to build up a positive credit history.

Secured credit cards are only meant for building credit, so don’t expect high-value rewards and benefits. Instead, use this card responsibly and with patience, and you’ll be rewarded with your credit scores moving up.

This is a pretty simple card. No annual fee to worry about, and no interest charges if you pay it off in full each month. But remember those extra benefits, which could be useful if you get in a tricky situation on the road or when shopping.

We gave this card 4 out of 5 Stars because many secured cards seem a bit like penalties for having bad credit. Instead, this card has no annual fee, low interest rates, and a few nice benefits. The main downside is that you need to be a member of the DCU Federal Credit Union, but many people should find themselves to be eligible.

Do you use the DCU Visa Platinum Secured Credit Card? How do you like it? Click here to leave your own review, we’d love to hear from you!

Was this helpful?

The Insider

Brendan Harkness
Review of the Barclaycard Arrival Plus® World Elite Mastercard®
Brendan Harkness | Nov 14, 2017

The Barclaycard Arrival Plus World Elite Mastercard is popular for its rewards, but is this card right for you? Read our review to decide for yourself.

Read More
Brendan Harkness
Review of the Barclaycard CashForward™ World Mastercard®
Brendan Harkness | Nov 01, 2017

Barclaycard CashForward World Mastercard earns 1.5% cash back. How does that compare to other cash back cards? Find out here.

Read More
Brendan Harkness
Review of the American Express Blue Cash Everyday® and Blue Cash Preferred® Cards
Brendan Harkness | Oct 20, 2017

The Blue Cash Everyday & Blue Cash Preferred Cards from American Express are popular for their rewards, but is one of them right for you? Read to find out.

Read More