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Secured Visa Platinum

Build your credit history with an Alaska USA Secured Visa Card. It works like a regular credit card, but it's backed by funds on deposit in your Alaska USA savings account.

When you carry an Alaska USA Secured Visa Card, you get platinum-level benefits, including ScoreCard™ points redeemable for travel and merchandise. There's a minimum of $500 you need to keep on deposit, but that also qualifies you for an Alaska USA Relationship Checking account with no monthly maintenance fees.

And if you have an Alaska USA checking account, the typical $50 annual Visa card fee is also waived.

Apply for the Secured Visa today and begin building a positive credit history!

Account terms

Normally, a member in good standing may be granted a Secured Visa credit card in an amount equal to the amount of share savings placed on hold with a minimum limit of $500.

This information is accurate as of August 2009, and is subject to change upon written notice to cardholders. To confirm current features and costs, contact Alaska USA Card Services at 563-7500, or (800) 525-9094 outside of Anchorage and (800) 742-7084 for TTY/Hearing Impaired.
Annual Percentage Rate for purchases 10.5%, 12.5%, or 14.5%
Same rate for purchases, balance transfers, and cash advances. Your fixed rate APR (one of the rates shown) will be assigned based upon credit review.
Grace period for purchases You have 25 days to repay your balance for purchases before being charged a finance charge
Balance calculation method for purchases Average daily balance (including new transactions)
Annual fee $50 (waived for Alaska USA checking account holders)
Minimum finance charge None
Transaction fee for cash advances 2% of the cash advance amount ($10 maximum)
Monthly payment 3% of the balance outstanding ($15 minimum)
Late Payment Fee 5% of minimum payment due ($1 minimum)
Over-the-Credit-Limit Fee $20
The intent of this program is to provide credit cards to members who would not otherwise qualify for an unsecured credit card because of insufficient credit experience or poor past credit history.  Approval of secured credit card requests requires a completed credit card application and no evidence or indication of current or future credit problems. Additionally, members who have caused the credit union to suffer a financial loss will not be eligible for this program.

Establishment of unsecured credit card credit limits may be considered after two years' satisfactory performance on a secured basis.  Approval of such unsecured limits requires loan officer review of a current application and underwriting consistent with usual standards.