We're still amazed people fall for this. Yes, they are a scam to get your initial membership or sign-up fee, whatever you want to call it. Salesman telling you this is ridiculous? O.K., make him put up in escrow in a US bank an amount equal to your initial membership or sign-up fee, which he will be repaid back double when you receive your card and see that it works (you don't care about doubling the saleman's money-- after all you've just gotten $5,000 for free). But, if the card never shows up (and they never show up) you haven't lost your money.
Unsecured credit cards are for people with less than perfect credit, but good enough to not have to put down any collateral or to have a savings account to secure them. They differ from "regular" credit cards mainly in the higher interest rate they charge or in the higher amount they asses your account in various fees. Note: Normal credit cards are not advertised as unsecured and you need to have good credit rating to be able to get approved for such cards.
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