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-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
545
average
464
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 1151 user ratings.
Commented at Apr 24, 2015

Had this card for 6 months and got a $300 credit increase without sending in any extra money in. I then decided to try for an unsecured credit card. I called customer service and I asked to see if I was pre qualified for a card and I wasnt. I was pretty bummed. The person from customer service insisted that even though I wasn't pre qualified I could still try for a card. I figured why not I had nothing to lose. Then BAM she said I was approved!! So just because you do not pre qualify for a card don't be afraid to go through with the application! You never know. 

Review by Naysia13
Commented at Apr 24, 2015

If someone says you don't get a credit increase with this secured credit card they are wrong. After doing my researcher on this card I deciced to apply for it. I have defaulted student loans and a couple accounts in collections. To my surprise they approved me. After having this card for 6 months I checked my online banking and boy was I surprised!! My credit limit went from $200 to $500!!! Thanks CAPITAL ONE!!  Hopefully in the next few months I will get approved for an unsecured card but for now this is great!! This card has also helped my credit score go up. 

Review by Naysia13
Commented at Apr 20, 2015

Just an update.. I tried logging to my account and surprisingly my initial $230 sec deposit is now $530... Thanks cap1 for increasing my cl!! 

Review by helpisontheway35
Commented at Apr 19, 2015

This Card will surly boost your credit  and Capitiol One give Credit increases in 5 to 6 months !!

Review by jrome76
Commented at Apr 15, 2015

I applied for this card a few months ago and I was hesistant as I have a charge off from Capital One still on my report (due to fall off end of this year though). Anyway, I applied and was approved and only had to put down $49 for a $200 limit. It did almost take two months for it to start reporting to the credit bureaus but now that it is it made my score jump up good because I did not have any revolving accounts on my reports before this. Only about a month later if that, I went to their prequalification site and was preapproved for a regular card, applied and was approved for a $500 limit. I am very happy with this secured card as it has a low annual fee, it reports to all 3 major credit bureaus and it reports as an unsecured card. I highly recommend Capital One to anyone trying to rebuild their credit. My advice would be to try the preapproval site before you do anything.

Review by TryingToUnderstand

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.