Build Secured is an alternative plan for customers who don’t yet qualify for another plan. In order to qualify for Build, you must have a minimum of $1,200 in monthly deposits in your bank account and $100 available at the time you apply. With Build Secured, you can use a security deposit of $17 to open the account instead.

Using Build Secured has the same impact on your credit score as with Build. Both Build Secured and Build are reported as a $204 loan to the bureaus. After 6 months of on-time payments, you will have the option to upgrade to the Grow membership, where you’ll have access to premium features with greater spending power, and a $600 loan reported to the bureaus. Your deposit will be refunded either at the time you upgrade, after 12 months of consecutive on-time payments, or in the event your Build Secured account is closed.

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