Implementing a robust information security. program within the federal government. is challenging. Federal executives have to. contend with constantly changing technology, multiple compliance requirements, increasing. complexity of information security, and. changing threats.
The deposited amount acts as collateral against spending and ultimately represents your credit limit. A unusual feature with this card is a slightly longer grace period for payments. Most cards include a range of 20 to 25 days for bill payment, but the Secured Visa stretches that to 24 to 30 days. This means more time to pay your bill, helping you to potentially avoid a late payment. With the Secured Visa, the annual fee is waived the first year and $29 every year thereafter.
Discover has started graduating secured cards early. After 7 months, they review you and, if eligible, they graduate the card and possibly raise the credit limit. I logged into my account today and saw my credit limit is now 1000 dollars where I had only a 300 security deposit and that it is now unsecured.