How to Add Funds to a Secured Credit Card

Secured cards can be used like standard credit cards.

Secured cards can be used like standard credit cards.

A secured credit card can seem like the pits. You can only spend as much as you have deposited in advance. But if you have suffered a bout of bad credit and need to rebuild your credit history, a secured card is a way to get back on track. You can typically apply online and approval can be swift. Once you have started using a secured card, you can increase your deposit by adding money to the card account.

Add Funds Online

Know your credit limit. You credit card provider might allow you to make additional deposits but only to a preset limit.

Navigate to the online account page that is dedicated to making deposits. Fill in your name and contact information, as well as the bank routing number and account from which you want the funds drawn. Submit the data.

Look for a confirmation page that lets you know the transaction has gone through.

By Phone

Phone the number on the back of your secured card. If you do not have the card, look for the number on your card statement. Depending on the institution, there may even be a phone number that is dedicated to adding funds.

Tell the phone representative you want to add funds to your account. If the institution offers an automated system instead of a live representative, follow the prompts to add funds to your account. Give the bank routing and account number of the account from which you want to pay the additional funds. Give the representative or system the amount you want to add.

Write down your confirmation number and keep it for your files. The confirmation number serves as a record of the transaction in case there is any question.


  • Each secured card provider sets its own rules relative to adding funds.
  • Your provider might allow you to open the account with a $200 initial deposit. But you might be approved to add another $300, for example, to the account, for a total spending limit of $500. At other institutions, your deposit and spending limits are the same. You are allowed, for example, to deposit $300 and spend $300. However, after a period of months, you can apply for a credit limit increase. Making your payments in full and on time each month will strengthen your application.
  • Some secured card providers only allow you to add funds by phone. At others, you can walk into a brick-and-mortar location and speak to a representative to both increase your limit and add funds.
  • At some banks, a secured card can really pay off. After establishing over a period of a year that you pay reliably, you can apply for an unsecured credit card, at which point the bank will refund your deposit in full.


About the Author

D. Laverne O'Neal, an Ivy League graduate, published her first article in 1997. A former theater, dance and music critic for such publications as the "Oakland Tribune" and Gannett Newspapers, she started her Web-writing career during the dot-com heyday. O'Neal also translates and edits French and Spanish. Her strongest interests are the performing arts, design, food, health, personal finance and personal growth.

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