Am I eligible?
To get this card, you must also:
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...
- Brady Porche, CreditCards.comThe Capital One Platinum Secured Credit Card makes credit building a breeze with a low stakes collateral investment that allows cardholders to build credit with minimal commitment.
- Sara Rathner, NerdWalletFlexible security deposit requirements and a $0 annual fee make this an excellent option for people building or rebuilding credit.
- Emily Thompson, The Points GuyIf you need to build your credit to be eligible for more valuable rewards credit cards, the Capital One Platinum Secured Credit Card is a good option. However, it has no welcome bonus or earning potential, so you may want to opt for a different secured credit card to earn rewards while you build cre...
- Ashley Parks, BankrateThe 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.
- Bob Haegele, TimeThe Capital One Platinum Secured Credit Card is a welcome option for credit builders who don’t have the funds available for a $200 security deposit. Fees are minimal, and there’s a possibility to qualify for a credit line increase or upgrade to an unsecured card later. However, there may be better o...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
30.74% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
30.74% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
30.74% (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 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| 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 |
|
| Eligibility | |
| Minimum Security Deposit | $49 |
| Minimum Age | |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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