Capital One Quicksilver Secured Cash Rewards

The Quicksilver Secured stands out because it pays real rewards while you build credit: a flat 1.5% cash back on everything, with no annual fee and no foreign transaction fee. That simplicity earns it the #3 spot and the "Best for Simplicity" badge on our Best Secured Credit Cards list. You can also earn 5% on hotels and rental cars booked through Capital One's travel portal, though most people building credit will rarely use it. The catch is the 28.99% regular APR, which wipes out any cash back the moment you carry a balance. Pay in full every month and this is one of the few secured cards worth keeping even after your credit improves.