Credit builder card overview

This guide covers the following elements of Bond's secured charge card experience:

What is a secured charge card?

Secured charge cards pair a charge card with a security deposit account. The balance in the security deposit account is effectively the credit limit of the charge card, and repayments on the charge card can be made from either the security deposit account or any another bank account.

Since the balance of the account starts at zero, users can't spend on their charge cards without funding the security deposit account. The security deposit account can be funded through a few different methods, including ACH and direct deposit.


The graphic above illustrates the relationships and flow of funds between the:

  • Credit builder card
  • Security deposit account
  • Credit account
  • External bank account


Before you can create a secured charge card, you need to have perform the following steps:

  1. Get your API keys
  2. Get your Program ID
  3. Register webhooks