How does getting a secure credit card hurts your credit?

I have great credit 755 and want to get a secure credit card, would it hurt my credit?|||If you have 755 why do you want a secured card? Secured cards are for people who have bad credit. That is why your score would drop. The same for using a high interest finance company, you use them if you have bad credit so just the fact that you have one of those types of accounts will put a ding on your report.|||Not really. It might lower it a bit but once you start using the card it should bring it right back up again|||You shouldn't need a secured card if you already have a high score. You're better off using a debit card, since that's pretty much all a secured card is anyways - minus the fees.|||Yes do not get a secured card with your credit score. You could get a prepaid debit card and that way it would not even be reported on your credit report. I am assuming that is all you really want, because a secured credit card makes no sense with your high score. I think walmart and western union both have card with low or no fees. You should check those out.


http://creditcardwarehouseonline.com|||I don't know your reasons for wanting a secured card, but I advise against it with a score of 755.


Get a rewards card of some kind.


Secured cards come with tons of fees.


Never the less, if you get any card, secured or otherwise, it will ding your score only a few points for the hard inquiry.