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 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
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 1225 user ratings.
Commented at Jul 29, 2015

This is the first card I applied for and was approved for $200 with a $50 deposit. I put a medical bill on it for $59 a month for 4 months, paying it off each month until the bill was paid and then added $100 to raise the limit. I just logged in to see that they have DOUBLED my limit, I am now at $600!!! I did not think they did increases on the secured cards! Since applying for this card, I was approved for another Cap One card, the Platinum with a $1000 limit. I then asked for an increase and they bumped me to $3000 and I was able to upgrade to a Quicksilver card.  It all started with this card though, and I am grateful! 

Review by KitKattersHaus
Commented at Jul 29, 2015

My credit score was at a low 538 when I applied for this card. I had to put down $99 for a $200 credit line, so I did. It took about a month and a half before it showed up on Credit Karma, and when I checked my score, it jumped 65 POINTS ! So now I am at a 603. I'm satisfy with this card. RIght now my CL is $299 and I applied for the unsecure Capital One Platinum credit card and got approved for $500. Hopefully that should jump my score to 630-650. I highly recommend this card to anyone who wants to rebuild their credit. 

Review by shaochiavang
Commented at Jul 28, 2015

Let's  start with this.  I've just went tough year in 2012-2013 and lost my job, I had no choice but to file Chapter 11.  Had everything discharged, so I wanted to rebuild my credit,  first thing was to open a SECURED credit card with a deposit of $300  (Jan/2014),   I've done my research, stayed away from companies that charged Processing fees, admin fees and Extremely High Annual Fees.   I was left between BOFA and Captial one, so I pulled the trigger. Capital one offered a slightly better rate and two additional things,  deposits made to Capital one are refundable after proving credit worthiness as well as credit line increases.

07/2014  recieved a credit increase to $700 without any deposit   wwoohhoo  things were looking up.  I used the card, paid the balance in full 90% of the time minus a few dollars to give them a balance to forward..    

07/28/2015   I just got off the phone with Dawn from Capital One and I have to say she's pretty sneaky.  First she starts off nice and how may I help you attitude,  after I explain the situtation and requesting a credit line increase, she states Capital One does not give credit line increases to SECURED accounts, unless I add more money. In other words , if I deposit another $100, they'd bumped me up by $100.  I told her that's misleading considering the webpage of capital one states that from time to time Capital one may increase your limit based on credit worthiness.  Dawn didn't like that response and said ok we'll apparently you're not qualified.  WTH was that all about,  if I wasn't qualified,  how come Capital One gave me an increase in July 2014.  Of course she was dumbfounded on that.  Next I inquired about my deposit,  she said Captial one no longer refunds deposits  unless the Card Holder cancels the account.   I explain to Dawn, when I first signed up it did not state that. I even called Capital one to confirm this before I applied.  She said prove it.   WTF    how can I prove it.....  ok     The Captial One Website has it plastered all over the **** page.  She said read the fine print,  it was revised to reflect Capital One will not refund deposits unless the account is closed.   So I'm stuck in this dilemma,  if I cancel the card, I get hit with the point AND I just lost my oldest credit card, based on my new profile. 

Here's my advice on picking a Secured Card

Do not apply for a Captial One Card unless it's your last option,  find a secured card that charges NO Processing Fee, NO Application Fee, and low-moderate annual fees.

Make sure they will give your deposit back once you've establish credit worthiness WITHOUT closing your account.

Make sure they will give you a credit line increase, based on your credit worthiness, without having to deposit more money.

I've feel Captial One has really let me down on this, They do have great anti theft protection, however they are very misleading when it comes to Customer Service Explanations and having the customer prove them wrong.  So know I have to scan my credit card agreement with them and shove it down their throat.


Captial One will give you ONE credit line increase for a small amount, anything else you WILL have to deposit

DAWN @ Customer Service is an evil person

Review by hereincali
Commented at Jul 26, 2015

This was my first card after my Chapter 13 bankruptcy was discharged.  I applied the day after I received my discharge papers.  First I was denied (since the discharge didn't show up on my credit report).  I sent in my discharge paper and received approval for $250 with a $49 deposit.  I gave them the $49 plus an additional $250 to make my credit line $500.  A few months later I put another $250 on the card and got a credit line of $750.  Six months later I got an Email saying they increased my limit another $100.  I decided to put in another $150 to make it an even $1,000.  One year later I gave them $1,000 and had a credit line of $2,000.  During this time I received a car loan from them with 1.7% APR (yes 1.7% - I thought it was a typo and called to verify 1.7% on new car 100% financed).  One year after opening this card I applied for their Quicksilver card.  Instantly received a $3,000 credit line (It's now at $4,500).

It's been 18 months since I received this card.  I have two car loans, my Quicksilver and one Barclay credit card.  Not wanting to repeat history, I decided two cards is enough for me, and I closed this secured card last week with a 0 balance. I went to my PO box today and sitting there was a check from them for my deposit.  I've heard it could take two billing cycles to get my deposits back, but it took them less than 10 days.  I've been very pleased the past two years with Capital One.  My credit score was 550 when I started.  It's now above 720.  Just remember this is a SECURED card.  It will NEVER turn into an unsecured card, and yes they will keep your deposits for as long as you have the account open.  Maybe since I have another card with them it only took a few days to get my deposit back, but I did get it back.  I wasn't worried about any interest that I could have gotten from that money, and yes I paid the annual fees. Increasing my credit rating was good enough for me. 

Review by jrdjh
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

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 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.