Oakstone Secured Platinum

For those who want financial flexibility without the commitment of a credit card, the Serve Pay As You Go prepaid account offers freedom and control. 

Credit Card

Oakstone Secured Platinum

No penalty APR for late payments Annual fee applies

Helps establish or rebuild credit responsibly

How to Apply You will remain on this website.

Ideal for those who want to establish financial credibility without high costs or unnecessary features, this card keeps things simple and efficient.

The Oakstone Secured Platinum is a secured credit card, which means your credit limit is based on a refundable security deposit. 

You can choose the amount—starting as low as $200—giving you control over how much credit you want to access. Your deposit serves as collateral and determines your initial limit.

This makes it a great option for people new to credit or recovering from past financial setbacks.

Monthly reporting to all major credit bureaus

One of the biggest advantages of the Oakstone Secured Platinum is that it reports to all three major credit bureaus. With on-time payments and responsible usage, you can steadily build or improve your credit score.

The simplicity of the card also makes it easy to manage, which is especially helpful if you’re working on creating better financial habits.

Unlike many secured cards, the Oakstone Secured Platinum offers a lower-than-average APR, which can be a major benefit if you ever need to carry a balance. 

While paying your balance in full is ideal, having a more manageable rate can reduce the financial pressure in unexpected moments.

You can also enjoy no penalty APR, meaning your rate won’t jump suddenly due to a late payment—though timely payments are still essential.

Pros and Cons

Pros

• Customizable credit limit based on your deposit
  
• Low fixed APR compared to most secured cards
  
• No penalty APR for late payments
  
• Reports to all three major credit bureaus
  
• Helps establish or rebuild credit responsibly
  

Cons

• Security deposit required upfront
  
• No rewards or cashback program
  
• Annual fee applies
  
• Requires consistent financial discipline
  

How do I know if the Oakstone Secured Platinum is the best credit card for me?

If your primary goal is to establish or rebuild credit while maintaining control over your limit, this card is a strong fit. 

It’s particularly well-suited to those who value a low interest rate, clear terms, and a structured way to grow their credit without the distractions of rewards or complex perks.

Why do we like this card?

We like the Oakstone Secured Platinum because it offers a straightforward path to credit improvement. 

There are no gimmicks—just a practical, affordable solution for building your financial future. 

With a flexible deposit, low APR, and regular reporting to credit bureaus, it’s a dependable tool for anyone serious about gaining or regaining control of their credit.