Secured MasterCard From Capital One review

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Advertiser Disclosure

Annual Fee
$0.00
Minimum Deposit
$49.00
Interest Rate: Purchases
24.99%
Balance Transfer
24.99%


8.4/10
Informr score
The Secured MasterCard From Capital One currently has an Informr score of 8.4 out of 10. This score is based on our evaluation of 17 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Secured MasterCard 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...


NextAdvisor

The Capital One® Secured Mastercard® is a secured credit card, a good choice for individuals who have no or limited credit history, or have past or current credit issues. We really like this card because it reports your payment history to all 3 credit bureaus, so you can build and improve your credi...

- NextAdvisor
LendEDU

If you want to minimize the collateral you need to pledge for a secured card, the Capital One Secured Mastercard may be a great choice for consumers looking to improve their credit history. Frequent travelers will also appreciate the travel perks. But if you hope to earn rewards while using a secure...

- Christy Rakoczy, LendEDU
CreditCards.com

Despite the lack of a rewards program, the Capital One Secured Mastercard’s low security deposit, reasonable fees and shorter pathway to a higher credit line makes it a good option for credit-building consumers.

- Kelli Bamforth, CreditCards.com
Money Crashers

Needless to say, Capital One Secured Mastercard is a not an exclusive card. However, when used responsibly, it’s absolutely worth its weight in gold – or platinum. If this card is what ultimately teaches you the value of making timely payments and spending within your means, you might just find a re...

- Brian Martucci, Money Crashers
Cardcruncher

The Capital One® Secured Mastercard® is a great choice for people rebuilding their credit. The low security deposit and lack of annual fee should more than offset card’s the high interest rate, so long as you pay your bill off regularly. While the card won’t automatically upgrade to an unsecured car...

- TJ Porter, Cardcruncher

Details


Interest Rates
Regular APR Interest Rate 24.99%

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

Balance Transfer Interest Rate 24.99%

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

Cash Advance Interest Rate 24.99%

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%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $38.00

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 Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service No
Price Protection Yes
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments Apple Pay
Additional Benefits

Roadside Assistance

Eligibility
Minimum Security Deposit $49
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
Suggest a correction

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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.

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Critic Reviews


NextAdvisor

Great choice for rebuilding your credit history

The Capital One® Secured Mastercard® is a secured credit card, a good choice for individuals who have no or limited credit history, or have past or current credit issues. We really like this card because it reports your payment history to all 3 credit bureaus, so you can build and improve your...More

The Capital One® Secured Mastercard® is a secured credit card, a good choice for individuals who have no or limited credit history, or have past or current credit issues. We really like this card because it reports your payment history to all 3 credit bureaus, so you can build and improve your credit by paying your card on time each month.

Read full review

Less

LendEDU

Rebuild their credit without paying an annual fee

from LendEDU

If you want to minimize the collateral you need to pledge for a secured card, the Capital One Secured Mastercard may be a great choice for consumers looking to improve their credit history. Frequent travelers will also appreciate the travel perks. But if you hope to earn rewards while using a sec...More

If you want to minimize the collateral you need to pledge for a secured card, the Capital One Secured Mastercard may be a great choice for consumers looking to improve their credit history. Frequent travelers will also appreciate the travel perks. But if you hope to earn rewards while using a secured card, the Discover it Secured Card could be a more attractive option.

Read full review

Less

CreditCards.com

An inexpensive way to raise your credit score

from CreditCards.com

Despite the lack of a rewards program, the Capital One Secured Mastercard’s low security deposit, reasonable fees and shorter pathway to a higher credit line makes it a good option for credit-building consumers.

Read full review

Despite the lack of a rewards program, the Capital One Secured Mastercard’s low security deposit, reasonable fees and shorter pathway to a higher credit line makes it a good option for credit-building consumers.

Read full review

Less

Money Crashers

A great credit-building card

from Money Crashers

Needless to say, Capital One Secured Mastercard is a not an exclusive card. However, when used responsibly, it’s absolutely worth its weight in gold – or platinum. If this card is what ultimately teaches you the value of making timely payments and spending within your means, you might just fi...More

Needless to say, Capital One Secured Mastercard is a not an exclusive card. However, when used responsibly, it’s absolutely worth its weight in gold – or platinum. If this card is what ultimately teaches you the value of making timely payments and spending within your means, you might just find a real Platinum Card in your wallet one day.

Read full review

Less

Cardcruncher

A great secured card to rebuild credit

from Cardcruncher

The Capital One® Secured Mastercard® is a great choice for people rebuilding their credit. The low security deposit and lack of annual fee should more than offset card’s the high interest rate, so long as you pay your bill off regularly. While the card won’t automatically upgrade to an unse...More

The Capital One® Secured Mastercard® is a great choice for people rebuilding their credit. The low security deposit and lack of annual fee should more than offset card’s the high interest rate, so long as you pay your bill off regularly. While the card won’t automatically upgrade to an unsecured card, Capital One is a good bank to establish a relationship with for when your credit has improved.

Read full review

Less

The Ascent

A clear leader in the secured card category

from The Ascent

This card includes one of the lowest security deposits we've come across in the secured category, making it a best-in-class pick if you're wanting to build or rebuild credit while reducing out-of-pocket costs.

Read full review

This card includes one of the lowest security deposits we've come across in the secured category, making it a best-in-class pick if you're wanting to build or rebuild credit while reducing out-of-pocket costs.

Read full review

Less

The Balance

Higher fees and rates, but lower minimum deposits

from The Balance

If you're looking for a secured credit card, you might find that the Capital One Secured MasterCard is one of the better secured credit cards on the market. Depending on your credit, you could pay the lowest security deposit offered by any secured credit card.

Read full review

If you're looking for a secured credit card, you might find that the Capital One Secured MasterCard is one of the better secured credit cards on the market. Depending on your credit, you could pay the lowest security deposit offered by any secured credit card.

Read full review

Less

Credit Fast

Lets you get a higher credit line quickly

from Credit Fast

Has several great benefits and a few drawbacks. So it’s a good tool to use to fill out your credit history. As long as you use it responsibly, it’ll work for you. Finally, if you’re considering trying to build your credit, it’s worth looking into this secured card.

Read full review

Has several great benefits and a few drawbacks. So it’s a good tool to use to fill out your credit history. As long as you use it responsibly, it’ll work for you. Finally, if you’re considering trying to build your credit, it’s worth looking into this secured card.

Read full review

Less

CreditDonkey

Good secured credit card for people with limited or bad credit

from CreditDonkey

Capital One Secured card is designed for people who want to build their credit, with no annual fee. If you pay your balance in full each month, using this card can be a great way to boost your credit score.

Read full review

Capital One Secured card is designed for people who want to build their credit, with no annual fee. If you pay your balance in full each month, using this card can be a great way to boost your credit score.

Read full review

Less

NerdWallet

Good choice for bad credit

from NerdWallet

If you’re trying to build your credit, the Capital One Secured Mastercard is one of the best choices available. It has earned our respect for having a low minimum security deposit, and for offering a credit limit higher than the security deposit for individuals who qualify.

Read full review

If you’re trying to build your credit, the Capital One Secured Mastercard is one of the best choices available. It has earned our respect for having a low minimum security deposit, and for offering a credit limit higher than the security deposit for individuals who qualify.

Read full review

Less

User Reviews


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