This secured visa card is one issued by the BBAV Compass with acceptance at more than 28 million locations all over the world. What makes it different from other secured credit cards is that it does not bear a credit limit, which means that you can spend as much as you want as long as you deposit enough money as colleteral.

Who this card is suitable for?
People with a low credit or no credit at all since this card is aimed for people with troublesome credits. But if your FICO credit score is above 440, your chances of being approved is much higher. You can graduate to a better card if you demonstrate trustworthy credit behavior.
Fees

This secured card takes requires a deposit in an interest-bearing savings account, you can increase your credit line by deposting more money into the account

Annual fee: $40, which is almost unacceptably high even in the secured credit card arena.

Cash advance fee: $10 or 4 percent of the advance amount, whichever amount is higher

Late-payment fee: $35

Returned payment fee: $25

credit limited:

You can increase your spending limit at any time by adding more money to your BBVA savings account.

APR: The card has a variable APR which changes as U.S prime rates fluctuate. The lowest APR is 16.24%, lower than many secured credit cards targeted at people with bad credits. The APR is waived for the introductory period, which will be at least 25 days.

Rewards:

None. This is no surprise since most secured credit cards come with no perks.

The BBAV Compass Optimizer card charges a high annual fee but offers a relatively low APR. It does not impose a credit line, so it might be ideal for people who tend to be lavish in their purchases. The most important thing is that you need to pay your balances on time at full, or it will cost you dearly.