Comerica Visa Secured Credit Card Pod

Build your credit

one swipe at a time.

SM

Introducing the

Comerica Visa

Secured Credit Card.

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Building1 or re-establishing credit doesn¡¯t have to be a

daunting task. With the Secured Card, it¡¯s as easy as using

a credit card. And that¡¯s exactly what the Secured Card is!

As you make purchases and pay your balance, your account

status will be reported to the credit bureaus, which help you

build or rebuild your credit rating.

With the Secured Card, you can enjoy the convenience of

a Visa2 Credit Card that allows you to spend and carry a

balance while you strengthen your credit.

Who can apply for a Secured Card.

How the Secured Card works.

As long as you are at least 18 years old and have a valid

U.S. address and Social Security number, you can apply

for a card and begin strengthening your credit!

Simply open a Comerica CD account and deposit a

minimum balance of $300, which will also earn interest! Your

credit line will equal the amount of your secured deposit, up

to $5,000.

Build credit quickly.

After just 12 months, if your account is in good standing,

you¡¯ll be able to apply for a standard unsecured credit card.

Get started today and begin building your credit now!

You can use your Secured Card anywhere Visa is accepted

while you enjoy card benefits such as warranty coverage,

Visa¡¯s Zero Liability3 coverage and the privacy of knowing

your card will not say ¡°secured,¡± or look different than any

other credit card.

Late payments and going over the credit limit may damage your credit history.

Visa is a registered trademark of Visa International Service Association and others in the United States

and other countries.

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Protected by Visa Zero Liability. Covers U.S. issued cards only. Does not apply to ATM transactions or PIN

transactions not processed by Visa. You must immediately report any unauthorized use. Other conditions

apply. Visit for additional details.

The creditor and issuer of the Comerica Visa? Secured Credit card is Elan Financial Services,

pursuant to a license from Visa U.S.A. Inc.

Member FDIC. Equal Opportunity Lender.

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Frequently

Asked Questions

How long must my Secured Card account be open before I

can apply to get an unsecured card? The account must be

open a minimum of 12 months before you can be considered

for an unsecured card3.

What is a Comerica Visa?1 Secured Credit Card? A Secured

Card is a credit card that requires a secured deposit that is

held as collateral. Your credit line will equal the amount of your

deposit in your secured account, which will be a Comerica CD

account. The secured card allows you to build credit2 as your

status is reported to the credit bureaus.

Do I need to fund 100% of the credit line? Yes. Your credit

line will equal the amount of your secured CD deposit.

How does the Secured Card work? Your credit line will equal

the amount of your secured deposit. The minimum deposit

amount is $300 and the maximum amount is $5,000. You still

must make payments to your Secured Card account like you

would with any other credit card.

Is there still a chance my secured card application could be

declined? Yes. As with any credit card there are certain

qualification requirements that must be met in order to be

approved.

What are the Minimum Requirements for opening a

Comerica Secured Card? Applicant must be 18 years of age;

have a valid U.S. address and Social Security number; and a

secured deposit in the form of a cashier¡¯s check or money

order. Credit limit will be equal to the amount of the secured

deposit.

Will I receive my secured deposit back if I am declined? Yes.

Your secured deposit will be returned if we are unable to

approve your application.

Does the secured CD account earn interest? Yes. The

secured CD account is an interest-bearing CD account.

What increments must the secured deposit be made in? A

secured deposit must be made in even $100 increments.

If I close my Secured Card account will I receive my secured

CD account deposit back? You will receive your secured CD

account deposit back plus any earned interest when you close

your Secured Card account as long as the remaining balance

on the Secured Card is paid in full and Elan has released their

security interest in the CD account.

How does the Secured Card help build or rebuild my credit?

Your account status will be reported to the credit bureaus

which will help you to build or rebuild your credit rating2.

Visa is a registered trademark of Visa International Service Association and others in the United States

and other countries.

Late payments and going over the credit limit may damage your credit history.

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Subject to credit approval.

The creditor and issuer of the Comerica Visa? Secured Credit card is Elan Financial Services,

pursuant to a license from Visa U.S.A. Inc.

Member FDIC. Equal Opportunity Lender.

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CBC-4070 03/14

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