Secured credit score cards are one more really popular breed of credit cards. Secured credit cards, as their name suggests, are secured or are safe. Well, they’re secured for the charge card supplier, actually. Secured credit credit cards require you to open an account with the credit card supplier and maintain some money balance in that account. This cash balance acts as a protection for the supplier of secured credit card. Your credit limit is reliant on the amount you hold within the account that you have started using the supplier of guaranteed charge card. This is generally between 50 to 100% of your account balance. So in that sense, secured credit cards aren’t really credit cards (since they don’t provide you any credit actually). For this reason, the secured credit credit cards are occasionally also referred as debit cards.