The following table shows the features, rates, and other key data for the Capital One® Secured MasterCard® offer in Bad Credit offers. These terms are updated on a daily basis by the CreditCards.org database. If you wish to apply for the card, you may do so securely on its official website by clicking the Apply Now button below:
Capital One® Secured MasterCard® Apply Now
  • No annual fee, with all the credit building benefits
  • Unlike a prepaid card, it builds credit when used responsibly, with regular reporting to the 3 major credit bureaus
  • Your minimum security deposit gets you a $200 credit line
  • You may qualify for a credit line increase based on your payment history and creditworthiness with no additional deposit required
  • Easily manage your account 24/7 with online access, by phone or using our mobile app
  • It’s a credit card accepted at millions of locations worldwide
536
average
441
lowest
Intro APR Purchases Intro APR Balance Transfer Regular APR Annual Fee Credit Needed
N/A N/A 24.9%* Variable $0 Limited Credit*
Intro APR Purchases N/A*
Intro APR Balance Transfer N/A*
Regular APR 24.9% Variable*
Annual Fee $0*
Credit Needed Limited Credit*

Credit Score Needed

Capital One® Secured MasterCard® is generally for people with Limited Credit, though other factors besides credit score can also determine whether a particular application is accepted. See more Bad Credit offers.

Most Helpful User Review

Commented at May 5, 2013

I don't usually leave comments, but I hope this helps someone in need. 10 months ago, I had no idea how credit worked and how important it is to establish it. For some reason, I was consistently denied by various credit card companies, including department stores. I had no hope.

Then I came across this secured card, I remember checking my score and it was estimated to be 550 (yeah, that's crap).

Now its been 10 months, $200 limit, no missed payments; my score is 669 with equifax and 680 with transunion. To top it off, I went to my bank (BofA) and was approved for credit card with a $2500 limit.

I have this secured card to thank for getting me started. I see a lot of people complaining about not being able to get the $200 back. I say, forget the $200 bucks, Capital One can keep it. The credit score increase has been invaluable as it literally jump started me to be able to do what I need in the future.

Review by Anonymous

User Reviews

Average Rating: 7.6 out of 10 based on 1221 user ratings.
Commented at Jul 19, 2015

I had a credit score of 498 as of December 2014. Along with Disputing items on my credit from inquiries to mispellings and more(which you can do on your own); I applied for this card, you get just under 90days to put the whole $200 on the card. That is Approximately $16/week, you cant beat that for dead beat credit. My score is now a a 583 average and I just got approve for a Quicksilver One Card due to Credit Karma's recommendation (this takes me to 612, once reported). HOW'S THAT FOR EFFORT?

Review by Hedgemaster
Commented at Jul 15, 2015

I first got this card in 2011, when nobody else would approve me, and put $49 down and recieved $200 cl. I made all my payments on time except for one month in the 4 years i had the card. (I never recieved a credit line increase once, even though I asked for one every year.) I never tried to apply for any other cards, due to my concern of denial and hard inquirys on my report, in the years of owning the card. Then one day I recieved a pre-approved letter from capital one for there Quicksilver Visa Signature card with a cl of 500. Which I was very happy to just be able to receive a unsecured card.  Four months past , and then I get a flood of preapproval letters, in the mail. I was approved for barclay rewards card with a 1500 cl. Then my credit line was increased on my quicksliver to also 1500. Now I just got approved for a AMEX gold premier rewards card with a npsl. My fico score in the beginning was 530, now my score is a 696.  I recommend anyone with bad or flawed credit to get this card and watch there credit score grow. It has helped me alot on my way to my goal of 750. Not to mention capital one does reward you for been responsibile with your card and paying on time.

Review by Nova5041
Commented at Jul 8, 2015

I got a capital one credit card for build up my credit score cuz it was so new. Anyway they gave me credit card for $300 limit and ive been using this for last 3 months and always pay in full and never carried balance to the next month. I used 280 of $300 limit credit card for shopping and i was going to pay it off in 2 days but what this BLOOD SUCKER did?/?!!!  They reported %99 of credit utilization to my credit score and it dropped 106 points!!!!!!!   I had 647 credit score and i have an auto loan which ive been paying for last 2 months on time to get a higher credit score. They messed up everything. And when i tried to reach to customer service they even didnt wanna explain it to me. I CLOSED MY ACCOUNT WITH THEM!!!! NO MORE CAPITAL ONE FOR ME!!!!!

Review by Anil91
Commented at Jul 3, 2015

My husband and I both have this card. We started with a $200 deposit at the end of December on each card. I'm proud to say that today we're both increased to $500... Very unexpected. Thank you Capital One!!!

Review by TruelyBlessed2015
Commented at Jul 3, 2015

i like the card just disappointed to find out that the platinum capital one approves people with bad scores also. after i recieved the secured i found and old letter that i was already pre approved for the platinum. called capital one and nothing could be done. you can't get an unsecured credit limit increase  with the secured and it never upgrades to unsecured. so now im stuck with 250 secured. 

Review by businessman1

Credit Limit

If approved for the card, the issuer will notify you of the credit limit on your card. Please see the Capital One® Secured MasterCard® for complete terms, conditions, and details of the offer.

+ This information is provided through a relationship with CreditKarma.com. Credit Karma members have received approvals with these TransUnion New Account credit scores. Please note that because other factors may affect credit card approval, these approval metrics are only guidelines and approval is not guaranteed.