Revolut has introduced a secured credit card designed for those eager to jumpstart or repair their credit profile in South Africa. This card lets users set their credit limit by depositing from $200 to $2,000, serving as their own security and financial boundary. With no annual fees, cardholders are free to focus on responsible usage and score improvement without worrying about hidden costs.

New users benefit from a 0% APR introductory rate for the first three months, making this an appealing option for those who wish to ease into building credit affordably. Rates then convert to a variable APR that is competitive, maxing out at 29.99%. An ongoing rewards system offers unlimited 1.5% cashback on all purchases, enhancing value every time the card is used.

Steps to Apply for the Revolut Secured Card

• Apply seamlessly via the Revolut app in just a few minutes.
• Deposit your preferred amount between $200 and $2,000 to set your personal credit limit.
• Order either a physical or virtual card for instant or traditional use.
• Start using the card to responsibly build or repair your credit score.

Advantages of the Revolut Secured Card

The Revolut card reports to major credit bureaus, helping users quickly build a positive credit reputation. Its 0% APR for three months and uncapped cashback provide excellent immediate and ongoing value. Additionally, security features—including spend controls and instant freeze—are managed easily in-app, making it a flexible and secure choice.

Because it requires only your deposit and not stellar credit history, it’s accessible to those new to credit or aiming to rebuild.

Potential Drawbacks

One limitation is the need for an upfront cash deposit, which not everyone finds convenient. Furthermore, after the introductory 0% period, the APR becomes variable and can reach as high as 29.99% if not managed carefully. Lastly, as a secured card, its credit limit is directly tied to your deposit, potentially restricting purchasing power.

Our Verdict: Who Is This Card For?

Revolut’s Secured Credit Card is ideal for South Africans wanting a simple, pro-consumer path to credit improvement, with immediate cashback rewards. If you value transparent fees, control over your credit limit, and want to progress towards a healthy credit profile, this card is a practical, user-friendly option to consider.