While secured credit cards are an excellent way to rebuild your credit, there are some cards that you should avoid. They do not report to the credit bureaus or reports your account as secured which does nothing to help rebuild your credit, have outrageous interest rates and processing fees. For this reason we only list the Orchard Bank Secured MasterCard® as the only card you should consider. They have no processing fees, report your credit card to all 3 credit bureaus as unsecured which helps rebuild your credit and have a very low interest rate.