What secured credit cards are available from Elan?


Quick Answer

As of 2016, Elan Financial Services offers a secured credit card through both Visa and MasterCard, as stated on the company's website. A secured credit card is for customers who need to re-establish or build up their credit. Other credit cards offered by Elan are Platinum, College and Bonus Rewards.

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Full Answer

A secured credit card uses a customer's cash deposit as the credit line, states Bankrate. Theses cards typically have higher interest rates than unsecured credit cards and require an annual fee. Customers should pay off the card each month to build their credit. Their credit history is damaged if they go over their established limit or make a late payment, warns Elan Financial Services.

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