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The new Elements Financial website, rebuilt with you in mind, has arrived. — The scheduled upgrade to Elements Online Banking is also now availableLearn more about the upgrade.

Secured Visa

A great way to build credit over time.

Call to Apply 1-800-621-2105

Secured Visa

Secured Visa Purchases & Balance Transfers
Variable APR after 6-Month Intro Period  13.99%
Balance Transfer Fee  3%

Annual Percentage Rate. Subject to credit approval. Additional limitations, terms, and conditions apply. APR will vary with the market based on the Prime Rate as published in The Wall Street Journal. Terms & Conditions.

KEY BENEFITSSecured Visa

  • Limited credit qualifications required
  • Your payment and balance history will report to all three of the major credit bureaus
  • Rate for purchases and balance transfers will never be over 18% variable APR

CREDIT CARD DETAILS

  • You make an initial account deposit, which becomes the card’s credit limit
  • Use your credit card and make at least minimum payments on time to build your credit over time
  • Current rate: Standard variable APR of 13.99% for purchases and balance transfers
  • Low 3% balance transfer fee1

Questions?

Our experienced, helpful member service team is ready to support you!

1-866-570-1238

Live Chat

Chat Available Mon-Fri, 8 am-5 pm Eastern

Secured Visa®

 

How it Works

A secured credit card works like any other credit card except that it requires an initial account deposit — from $500 to $5,000 — which is held as collateral for your account.

As with any other credit card, you're responsible for making at least your minimum monthly payments each month. Keep in mind that while using credit wisely can help you build your credit, making late payments, exceeding your credit limit, or your performance on other accounts can have a negative impact on your credit rating.

 

How is a Secured Card Different from a Prepaid Card?

A secured card is a credit card. We report payment information to the three major credit bureaus — providing the opportunity to build your credit with responsible use. Missing payments may hurt your credit score. A prepaid card is similar to a debit card. Since they do not report to the major credit bureaus, prepaid cards cannot help you build your credit.

Plus, Elements Secured Visa® holders enjoy the following features when using their card:

  • Auto Rental Collision Damage Waiver
  • Cardholder Inquiry Service
  • Emergency Card Replacement
  • Emergency Cash Disbursement
  • Lost/Stolen Card Reporting
  • Purchase Security
  • Roadside Dispatch
  • Travel Accident Insurance (covering up to $100,000)
  • Travel and Emergency Assistance Services
  • Visa Zero Liability Fraud Protection 

Using Your Credit Card

 

Digital Payments

Elements offers a variety of digital payment options to help add security and simplicity to your life—and we are constantly adding even more options. For instance, your credit card lets you make payments via:

  • Apple Pay
  • Android Pay
  • Samsung Pay
  • Visa Checkout
  • PayPal

Learn more on our Digital Payment Options page.

 

At the Register

You can swipe, dip, or tap your Elements credit card to make payments at most credit card terminals.

 

Making Payments

Access Elements Online Banking to pay your credit card, or send a check made payable to:

Elements Financial Federal Credit Union
PO Box 10324
Des Moines, IA 50306-0324

Safety and Security with Elements

Chip Cards
Get big protection in a tiny chip. Elements issues credit and debit cards with chip technology built right in. This tiny chip will protect your card's information in a big way.

  • Count on Enhanced Fraud Protection — When you use your chip card at a chip-enabled terminal, the embedded chip generates a unique transaction code. This helps prevent stolen data from being fraudulently used.
  • Enjoy Global Acceptance — More places than ever accept Visa credit and debit cards. Whether you check out using chip technology, Visa payWave to tap and go, or swipe your card, you can pay with confidence worldwide.

Plus, you're protected against unauthorized use with Visa's Zero Liability Fraud Protection.


Visa® Credit Card Fraud Alerts
Real-time fraud alerts for our Visa credit cards. With a text alert, you can help prevent fraudulent transactions from occurring on your cards. The service is free and enrollment is easy.

Learn More about Fraud Alerts


Transaction Alerts
Have alerts sent to your email address or mobile device when your card is used.

Enroll within MyCardInfo in Online Banking


Verified by Visa
Activating Verified by Visa to protect you against unauthorized purchases when shopping online is quick and easy.

Activate Verified by Visa


Visa's Zero Liability Fraud Protection
With Visa's Zero Liability Policy you won't be held responsible for unauthorized charges.

Learn More

Frequently Asked Questions

 

Q: How do I maximize my credit score?
A: Make all of your payments on time, and never carry a balance across all of your cards greater than 30% of your total credit limit.

Q: How is a Secured Card different from a Prepaid Card?
A: A secured card is a credit card. We report payment information to the three major credit bureaus — providing the opportunity to build your credit with responsible use. Missing payments may hurt your credit score.

A prepaid card is similar to a debit card. Since they do not report to the major credit bureaus, prepaid cards cannot help you build your credit.

As a Secured cardholder, your status is regularly reported to the three major credit bureaus to help build your credit. A secured card gives you a line of credit to make purchases. You can choose to pay off your balance in full each month or pay the minimum due.

As with any other credit card, you're responsible for making at least your minimum monthly payments each month. Keep in mind that while using credit wisely can help you build your credit, making late payments, exceeding your credit limit, or your performance on other accounts can have a negative impact on your credit rating.

Assistance for Card Holders

Call us at 1-866-570-1238 if you have any of the following needs or concerns.

  • Planning travel? Call us in advance. 
  • Card Transaction Denied
  • Lost or Stolen Card
  • If you suspect fraud
  • Questions or Concerns

 

How to Get Started

 

Call 1-800-621-2105 to talk to a financial expert about how to build your credit with a Secured Visa®. Our team will help you apply over the phone and answer any questions you may have.

  1. 1 Visa Credit Card Transaction Fees - Credit Card Balance Transfer: 3% or a minimum of $5.00 Credit Card ATM Cash Advance: Up to 3% for each ATM Cash Advance or a minimum of $5.00 Credit Card Over the Counter Cash Advance: Up to 3% for each Over the Counter Cash Advance or a minimum of $5.00 Credit Card Cash Equivalent: Up to 3% for each Cash Equivalent transaction or a minimum of $5.00 Credit Card Foreign Transaction: 1% of each Foreign Transaction in U.S. dollars.