Credit Score: 650 Credit Limit: 400 Age: 45-54

Posted 05/14 2018

have had this card for 3 month,i like this card so far, no annual fees and reward program. it reports as secured card. hoping can upgrade to an unsecured after 12 month. I will let you know.

 

Credit Score: 605 Credit Limit: 300 Age: 35-44

Posted 05/24 2017

When after I applied and indicated that I wanted to deposit $300, I got the following message

"We are unable to make a decision about your application at the moement, we will send you a letter via USPS regarding our decision in 7-10 business days".

Then a couple of days later, $300 got taken out of my bank account. And I got the card about a week later. This card is mainly used to rebuild my credit. But the points are useful as I can offset some expenses at the dealer for parts.

 

Credit Score: 556 Credit Limit: 500 Age: 35-44

Posted 02/26 2017

I have had my US Bank HD secured for about 7 months now. I deposited $500 initially and nothing has changed since. Since I'm in a rebuilding mode, I try to limit my spending to $100 a month (which means you can't really earn a lot of points on a typical secured credit card deposit). I checked my credit report and USB does report this card as secured. I hope that I can graduate after 12 months. Could anyone share any graduation experience here?

 

Credit Score: 578 Credit Limit: 500 Age: 35-44

Posted 01/17 2016

I have to thank US Bank and HD for helping me rebuild me credit. My EQ score was about 578 when I applied. After 15 months, my score was at 650. My "FAKO creditkarma" showed a 100 points increase!!!!

A few things to note. 1) They report as secured but they report to all three bureaus. 2) I called them up asking to graduate and was actually approved. Took about 8 minutes on the phone but everything worked out. They gave me a check for my deposit and interest.

 

Credit Score: 570 Credit Limit: 1000 Age: 35-44

Income On Application: $80000

Posted 10/16 2015

I like this card. No annual and you earn some HD points. So far everything has been working out and I would given this a 5-star if not for a couple of things. Firstly, I experienced a couple of longer than usual payment hold (can't figure out why). They also report as secured. Otherwise, I can't complain about this card. It's pretty ok.

 

Credit Score: 610 Credit Limit: 800 Age: 25-34

Posted 08/22 2015

I was looking at USB secured cards on their website and realized that this one had no annual fee. I got the usual wait for 10 day message but finally got approved. Here are my thoughts on what I like about the card and what I do not.

Like
1. Earn HD rewards
2. My deposit actually earns interest. I am surprised to find that so many secured card deposits do not earn interest
3. The website and autopay works without any problems
4. You can graduate to unsecured HD card - I graduated after 15 months.

Do not like
1. reports as secured.

Since you need 2500 points to redeem for a $25 HD gift card, my suggestion is that you try to put $200 of spending on the card so you can at least at something after close to a year. But it probably means you have to put a higher deposit to keep your utilization low.

 

Credit Score: 540 Credit Limit: 300 Age: 25-34

Posted 10/14 2014

Surprised that HD has a secured card. I could only put in a $300 limit and since you need 2500 points to get the baseline $25 HD gift card, I am going to need this card for more than a year. It is no annual fee and so it is a great plus. I checked all my credit reports after my first billing statement and they reported to all three but as secured. Online payment was easy through their website and I have set up autopay.