Various Partner Banks

Synapse Credit LLC Secured Card

Credit needed
Limited or Bad Credit
Fixed APR of 19.99%, relatively high
Annual Fee
Relatively low annual fee

Card Summary

  • Ideal for building or rebuilding credit
  • No credit check required
  • Low annual fees
  • Gradual credit limits increase opportunities
  • Secure and easy online application process

Card Summary - Cons

  • No rewards or cashback
  • High APR
  • No sign-up bonus

Rates and fees

Issuer Name
Various Partner Banks
Penalty APR
Information not provided; refer to terms and conditions for penalty rates.
Credit Needed
Limited or Bad Credit
Balance Transfer Fee
Information not available; review terms and conditions for any associated fees
Annual Fee
Relatively low annual fee
Cash Advance Fee
Details not provided; check terms and conditions for cash advance fees
Fixed APR of 19.99%, relatively high
Foreign Transaction Fee
Not mentioned; inquire about foreign transaction fees when reviewing terms and conditions.


The Synapse Credit LLC Secured Card shines when it comes to helping individuals with limited or poor credit history. It's accessible, affordable, and offers opportunities for credit limit increases, making it an excellent tool for credit repair and improvement.

Comparative Analysis with Other Cards

When compared to other secured credit cards, the Synapse Credit LLC Secured Card has its unique advantages. For example, it doesn't require a credit check, making it a more accessible option. The low annual fees are also attractive, especially for those on a tight budget. However, the lack of rewards and the relatively high APR may deter individuals who are looking for more immediate benefits from their credit cards.


The Synapse Credit LLC Secured Card is a useful tool for individuals looking to build credit. It offers accessibility to those with poor or limited credit history by not requiring a credit check during the application process. The low annual fees make it an affordable option for credit repair. Plus, the potential for credit limit increases over time can further improve your credit utilization and overall credit score.

However, it's important to note that this card lacks rewards, has a relatively high APR, and does not offer a sign-up bonus. If you're looking for a credit card that provides cashback or rewards, this may not be the best choice for you. But, if your primary goal is to improve your credit, the Synapse Credit LLC Secured Card can be an effective tool to achieve that goal.

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Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.

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