Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

Platinum Secured from Capital One review

Compare Compare  
Advertiser Disclosure

Annual Fee
Minimum Deposit
Interest Rate: Purchases
29.99% (Variable)
Balance Transfer
29.99% (Variable)

Informr score
The Platinum Secured from Capital One currently has an Informr score of 8.2 out of 10. This score is based on our evaluation of 25 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Platinum Secured from Capital One is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $49.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Capital One Platinum Secured has no frills, rewards, or special perks. Instead, it’s a basic secured card that, while not guaranteeing approval, aims to make acquiring and expanding credit easier for those who are building or repairing their credit record.

- Reyna Gobel, Investopedia

The Capital One Platinum Secured Card is built for people with low-end credit scores looking for a focused way to rebound. Though the card offers no rewards, it does have a suite of cardholder perks that are worthwhile on your credit-building journey.

- Ashley Parks, Bankrate
Fit Small Business
Fit Small Business

Capital One® Platinum Secured Credit Card is a great secured business credit card if you’re either in the process of rebuilding or building your business credit. It only requires a minimum security deposit of $49 to open an account, which you can either pay one-time or in installments over the next...

- Tricia Tetreault, Fit Small Business

The Capital One Platinum Secured Credit Card is ideal for individuals with poor credit who do not qualify for normal credit cards but only want to put down a small amount of money as collateral for a security deposit. You could be qualified for a $200 credit line with as little as a $49 deposit. You...

- Alene Laney, MoneyGeek

This card might be a good card for anyone who is currently using a prepaid debit card or unsecured credit card because of a credit history in need of rebuilding. The Capital One Platinum Secured Credit Card is also a reasonable option for college students and first-timers who need to establish credi...

- Brooklyn Lowery,


Interest Rates
Regular APR Interest Rate 29.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 29.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 29.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee $0.00
Cash Advance Fee $3.00

Minimum of $3

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $40.00


Sign up bonus No
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments Apple Pay
Virtual Cards Yes
Additional Benefits
  • Emergency Card Replacement
  • Card Lock
Minimum Security Deposit $49
Minimum Age
Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with Platinum Secured from Capital One

Rate It: