Can I Get The Money I Deposited For A Secured Credit Card Out Of The Bank Any Time I Need It? - CREDIT INFORMATION

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CREDIT INFORMATION: Can i get the money i deposited for a secured credit card out of the bank any time i need it?


As long as there is no outstanding balance on the secured credit card, you should be able to close the account any time. Your deposit will be returned to you as soon as the company is sure there are no new charges. It may take a few weeks to get your money back, however. If there is a balance outstanding, the company will probably withhold that amount until the balance is paid off.

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