Order Form

    This individual Report U.S. Secured Credit Cards Market Forecast, 2017–2021: A Credible Product with a Dark Past is available for purchase. This Report is available to members of Mercator Advisory Group’s Credit Advisory Service. Please be advised that this Report is normally part of a research and advisory service that provides ongoing support throughout the year. As such, this Report contains significant depth of content that is selected for its strategic importance to our members. (For a description of these services, see our Advisory Services section).

    While the Report represents significant analyst time invested, there is no means of our ascertaining if it will fully meet your specific intended purposes. Typically, these Reports form the basis for future discussions with our clients where we are able to fine-tune additional information that we have gathered in the construction of the series of Reports (or locate new information rapidly due to our exclusive focus on gathering information in the payments industry) for specific member needs.

    Unfortunately, in fairness to our paying members, we are not able to offer this level of support for a single Report purchase. We will, however, credit any Research Document purchase against the future purchase price of the service should you become a member within 30 days of purchasing the document.

    The price for individual Report purchases is $2950 per document. 


    Use the form below to request this individual Report purchase or

    Click here for a fax-back order form




U.S. Secured Credit Cards Market Forecast, 2017–2021: A Credible Product with a Dark Past

Secured credit cards: a path to financial inclusion

Mercator Advisory Group releases a new research report on secured credit cards, a product that benefited from the CARD Act of 2009.

Secured credit cards, a product tainted by opportunistic marketers before the turn of the 21st century benefited from transparency and disclosure requirements mandated by the Credit Card Accountability Responsibility and Disclosures Act of 2009 (CARD Act). Today, top credit card issuing banks, specialty nonprime issuers, and credit unions serve the market with fair interest rates and payment terms. Prospective cardholders can qualify for the product at institutions including Bank of America, Citi, Discover, Green Dot, US Bank, and USAA for deposit balances well under $500.

Mercator Advisory Group’s latest research reporte, U.S. Secured Credit Cards Market Forecast, 2017–2021: A Credible Product with a Dark Past, provides a view of this market of 5 million cardholders and gives a detailed view of the issuing landscape.

“Secured cards used to represent the dark side of the credit card business, with gouging fees and deceptive 900-carrier billing numbers,” comments Brian Riley, Director, Credit Advisory at Mercator Advisory Group, and the author of the research report. “Since the CARD Act cleaned up deceptive practices and unconscionable lenders, secured cards offer a mutually beneficial proposition for issuers and credit-impaired consumers. Issuers can increase their interest and non-interest revenue and also nurture pathways to other products. Consumers who either are recovering from a household financial crisis or do not have established credit have the opportunity to be included in mainstream financial services.”

This document contains 18 pages and 9 exhibits.

Companies mentioned in this research report include: American Express, Bank of America, Barclays, Capital Bank, Capital One, Chase, Chevron Credit Union, Citi, Digital Credit Union, Discover, FICO, First Progress, Fiserv, General Electric Credit Union, Green Dot, Mastercard, Merrick Bank, Navy Federal Credit Union, NIH Credit Union, Open Sky, Synovus, US Bank, USAA, and Visa.

Highlights of the research report include:

  • How the secure card product evolved

  • Demographics of the secured card product market in the U.S.

  • Selected secured card issuers

  • Segment risks and opportunities

  • Operating technologies