My husband received a VISA card from American Pacific Bank under the
same conditions. He charged $40.00 as our scanner just died and we
wanted to get the clock ticking on rebuilding a credit history. We
just sent in a payment on the first bill. It's good, as the other
poster stated, to keep a small balance going from month to month.
Something you could easily pay off, but my paying even the minimum
every month it will help establish a good payment pattern.

IMO, stay away from Wells Fargo. They are fast gaining the reputation
of a predatory lending bank and nobody needs any headaches while
trying to bounce back on your credit. Ditto Capitol One. There are
posts all over the credit boards about the latter.

Hope this helps.

Gagliano3@hotmail.com (Thomas Gagliano) wrote in message news:<10d295d2.0308281946.53b32a63@posting.google.com>... I called USBank just few minutes ago to inquire about their Secured Visa. They said as long as bankruptcy was discharged I can apply for one, I'm going to start with $300 deposit for a $300 credit limit. USBank will report this as "Secured" on our credit files and they'll also review my secured visa 12 months later for unsecured visa. $35.00 annual fee, no application fee... 10% to 19% variable APR which is fine because we're starting with low credit line. Is this good? Once I get this card... what do you suggest I use? should I charge it for gas and small food shopping and should I pay off each month? any advices are welcomed in order to re-established my credit history and my goal is to get a mortgage in about 2 years! Is 1 joint visa good enough to re-establish our credit? We don't want to get more than what we need, we think 1 joint visa account is enough for us...we're scared to overextend with more credit cards!!! We just pulled our credit scoring from Equifax... mine's 513 and my wife's 582 that's 1 month after our discharge of chapter 7 bankruptcy! TIA! Tom