Review of the Green Dot primor® Secured Visa® Classic Card and Gold Card

Brendan Harkness

Brendan Harkness | Reviews

Feb 14, 2015 | Updated Nov 14, 2018

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Green Dot Bank offers two secured credit card options for people with poor or no credit who want to start building up their credit history: the Green Dot primor® Secured Visa® Classic Card and the Green Dot primor® Secured Visa® Gold Card.

While these cards don’t have any flashy features, they provide a solid way for anyone to build or rebuild their credit, reporting account activity to all three credit reporting bureaus.

For those who would prefer it, Mastercard versions of both of these cards are available as well.

Learn all about how secured credit cards work on our secured credit card resource page 
Green Dot primor® Secured Visa® Classic Card
Apply Now

Green Dot primor® Secured Visa® Classic Card

For People with
No Credit

  • Annual Fee: $39
  • Interest Rate: 13.99% (Fixed)
Quick Card Facts
  • Credit lines available from $200 to $5,000! Low fixed 13.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
Green Dot primor® Secured Visa® Gold Card
Apply Now

Green Dot primor® Secured Visa® Gold Card

For People with
No Credit

  • Annual Fee: $49
  • Interest Rate: 9.99% (Fixed)
Quick Card Facts
  • Credit lines available from $200 to $5,000! Super Low Fixed 9.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.

The Rewards

These cards do not offer any points or cash back for purchases. They exist only to help you build up your credit.

The Benefits

Whether you are using Visa or Mastercard versions of these cards, your card may include additional benefits provided directly by Visa or Mastercard. The specific benefits that come with your card will be issued to you and explained along with the card; to get an idea of the types of benefits that may be available, take a look at our listing of Visa and Mastercard benefits.

The Costs & Fees

To apply for these cards you’ll need to open a savings account with Green Dot Bank, as described above. The balance of your savings account, from $200 to $5,000, will be equal to the credit limit of your card.

Card Annual Fee Regular APR Cash Advance APR
primor Secured Classic $39 13.99% (Fixed) 18.99%
primor® Secured Gold $49 9.99% (Fixed) 18.99% Fixed
Card Balance Transfer Fee Cash Advance Fee Foreign Transaction Fee
primor Secured Classic None 5%, $5 minimum 3%
 primor® Secured Gold See Terms See Terms See Terms
Card Penalty APR Late Fee Returned Payment Fee
primor Secured Classic None Up to $29 Up to $29
primor® Secured Gold None Up to $29 Up to $29

The Bottom Line

These cards were designed with one purpose in mind: to help you build up your credit, even if yours is damaged or if you have none at all.

Secured credit cards are a great way to prove that you can manage your finances responsibly. Even more so than with regular credit cards, it’s vital to always pay your bill on time and not to exceed your credit limit.

Since these cards report to all three credit bureaus, your activity will be reported each month. Positive activity will build up your credit score, while negative activity like late payments will bring it down.

Eventually, as you improve your credit report, you’ll be able to qualify for more interesting credit cards that offer rewards for purchases and other benefits.

Want to learn more or apply for one of these cards? Just click the card’s name below.

Green Dot primor® Secured Visa® Classic Card
Apply Now

Green Dot primor® Secured Visa® Classic Card

For People with
No Credit

  • Annual Fee: $39
  • Interest Rate: 13.99% (Fixed)
Quick Card Facts
  • Credit lines available from $200 to $5,000! Low fixed 13.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
Green Dot primor® Secured Visa® Gold Card
Apply Now

Green Dot primor® Secured Visa® Gold Card

For People with
No Credit

  • Annual Fee: $49
  • Interest Rate: 9.99% (Fixed)
Quick Card Facts
  • Credit lines available from $200 to $5,000! Super Low Fixed 9.99% interest rate on purchases - with no penalty rate!
  • No minimum credit score requirements! We invite all credit types to apply! No processing or application fees!
  • Helps strengthen your credit with responsible card use. Reports to three national bureaus
  • Fast, easy application process. Choose your credit line and open your Personal Savings Deposit Account to secure your line.
Not the cards for you? Take a look at our picks for the Best Secured Credit Cards.

If you use either of these cards, let us know! Click here to leave your own review of the Green Dot primor® Secured Visa® Classic, or click here to leave a review of the Green Dot primor® Secured Visa® Gold.

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