The Wells Fargo Secured Card has a few restrictions on eligibility. If you have declared bankruptcy within the past 12 months or have any unsettled liens, you won’t qualify. Interestingly, you only need to be 18 to qualify unless you live in Alabama (where you have to be 19) or in Mississippi or Puerto Rico (where you have to be 21).

Just in case you’re not familiar with USAA, it’s a large financial services provider that’s been around since 1922. I’ve been looking at their credit cards and the USAA Secured Credit Cards really caught my eye.

Secured credit cards are great for establishing or rebuilding your credit history. Unlike prepaid cards, secured credit cards give you a credit line, and your payment activity will be reported to the major consumer reporting agencies.

The U.S. Bank Secured Visa Card, which is from a large bank, usually have the best credit card terms. Your security deposit can range from $300 to $5,000 and you earn interest on it, which is excellent. The fine print notes that your application could be denied if you’ve had a bankruptcy, are less than 18 years old, or if your security deposit is less than $300 to start.

When it comes to secured credit cards, the Citi Secured MasterCard is one of the good guys. You’ll see why this is a good card for consumers with bad credit when we get to the rates and fees.