I am not sure if what you are talking about is a secured credit card, but Getting a secured credit card is a good way to build credit up.. I think you can find some where the minimum is $200, you pretty much open a savings account through their bank with the minimum amount they require and its collateral against the credit card they will issue you. You still get a statement each month with your minimum payment and you get charged interest and all that stuff like annual fees, which the interest might be a little high cause of new credit but usually the annual fees are resonable.. usually after a year you will get offered a higher limit credit card and thats when you can close the savings account and get your money back and since it was a savings account you will have been gaining interest on it too...

I had filed a bankruptcy about 3 years ago and have had trouble coming back out of it, couldnt get any credit at all and I had to resort to a secured cc. I have only had it a few months but since having it I have had things start looking up as far as being able to get credit in other things that I have been trying for a while to get.

Just dont be stupid. Once you have established credit dont go start applying for credit cards at your favorite clothing stores or ish like that.. all you really need is a major credit card maybe 2 that you never use and if you do they are paid off monthly, and that first time you CANT make more than the minimum payment you should look into cutting the card up.. credit is something that isnt something to screw around with, but you need it to buy a house one day or to get that new car. Its when people start getting credit cards at target, and american eagle, or express that people start digging theirselves in a hole.. If you need to apply for a credit card at those stores to be able to buy things, then you dont need it or have the wrong mentality of having credit.. but that is just my experience that i like to pass on, ish I have learned from my own mistakes, lol..