How to Change a Secured to an Unsecured Credit Card

Many people don't qualify for an unsecured credit card due to a poor credit history. These people often resort to credit cards secured by cash they put down up front in order to have the power that credit cards afford. You can eventually change a secured credit card into an unsecured card, by following these steps.

Instructions

1. Pay your secured credit card bill on time, every time. Secured credit card companies monitor your payments. If you are late, they notice that. Prove to your secured credit card company that you can pay your bills on time for a decent length of time.

2. Build your credit history. Acquire as much positive credit as you possibly can. Lease a car or acquire a car loan, establish a credit-builder's account at your bank or credit union and get a mortgage. Pay all of these bills on time to build your credit history.

3. Improve your credit score. Request a copy of your credit report and determine which companies you do business with report your payment histories to the credit reporting agencies. Pay these bills on time every time to improve your credit score. Credit card companies look at credit scores and credit history to determine whether you qualify for an unsecured credit card.

4. Ask your secured credit card company whether they offer unsecured credit cards. Find out what the qualifications are to obtain such a card. Meet those standards.

5. Apply officially for an unsecured credit card with the same company with which you have your secured card. This is usually your best bet to obtain an unsecured card if you have poor credit.