Capital One® Secured MasterCard®

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
542
average
462
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: 7.4 out of 10 based on 1176 user ratings.
Commented at May 23, 2015

I opened this card in November with a $49 deposit.  They gave me a $200 credit line.  After a month, I added an additional $100.  I called a few weeks ago to ask if I was enrolled in credit steps (because I am with my $500 unsecured Cap One).  I was informed I was not and would not be getting an increase.  I decided to go online and request an increase anyway.  Unsurprisingly, I was denied.  Well, this morning, I went to check my balance, and It said I had a credit line of $600!  I know it's not the greatest line of credit, but I couldn't be happier.  I just wanted to give some of you hope who may be discouraged about going with this card, or having this card and thinking you will never see an increase.  Except for last month, when I broke my ankle and was out of work, without pay, I had paid in full, prior to my due date.  I hope this helps someone.  

Review by Deanett72
Commented at May 18, 2015

Received an approval last week paid my deposit of 200 now waiting on the card 

Review by Marrissia89
Commented at May 18, 2015

I got this card almost a year ago to start rebuilding my credit. I didn't see a change the first couple months but my score is much higher today. I also paid off some old debt which may have also helped. I usually pay everything I use the card for off immediatly.  I would recommend this card but you should not expect instant results. 

Review by koreyk
Commented at May 15, 2015

The process was simple and I love that it reports as an unsecured card. Using this program helped me get from a bad credit rating to a fair one. 

Review by jlourcey
Commented at May 14, 2015

Because of this card I was able to get a checking acount with on time payments Its well worth the $200 in order to start life over again after a troubled past. Great stepping stone!

Review by mraacabebejr

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.