What is a security deposit?
A security deposit is required to obtain a Secured Credit Card. The amount of your security deposit is 100% of the amount of your credit limit. By submitting the application you are authorizing us to electronically withdraw the amount indicated on the application. The amount must be between $2,000 and $10,000.
This withdrawal may occur as soon as your application is approved. You may revoke this authorization only by contacting FNBO at 1-800-444-6220 before your application is approved. You will receive a letter confirming this transaction in 7-10 business days.
Click here for more information about the secured deposit process
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