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
  • Build credit with responsible use
  • Regular reporting to the 3 major credit bureaus
  • Your security deposit can get you a line up to $3,000
  • You may qualify for a credit line increase based on your payment history and creditworthiness
  • Build a financial foundation you can stand on with a card that gets you started
  • Use it like any MasterCard credit card, accepted at millions of locations worldwide
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566
average
516
lowest
Intro APR Purchases Intro APR Balance Transfer Regular APR Annual Fee Credit Needed
N/A N/A 22.9% Variable* $29* Limited Credit*
Intro APR Purchases N/A*
Intro APR Balance Transfer N/A*
Regular APR 22.9% Variable*
Annual Fee $29*
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: 7.0 out of 10 based on 933 user ratings.
Commented at Sep 26, 2014

So My card came in the mail today 9/26. So it took 13 Days from when i applyed for the card and 11 days after they took the deposit out of my account. This will be my 2nd time with C1 (First time i ruined my credit card so bad) So im hoping this could help me repar my credit. because it's much needed! Will Update when i see changes!

Also want to point out that i had no email saying that the card was shipped. when i called in a few days ago though, the rep told me the email system was down or something. so idk....

Original Post

CK you need to fix the login, because i just lost all i wrote down when you redirected me to login....ugh!

Anyways I applyed early morning Sep 12 and the deposit was taken out of my Checking account on Sep 15. I have not gotton an email (Like some people on the reviews have gotten) saying it was shipped. I have read on one users review he got the card in 9 days and It's been 12 days and counting for me(I'm writing this after the mail man came and i got nothing).  I called C1 today and the rep told me that my account was officialy created on Sep 20 and I should recieve the card in the mail "Within 7-10 Busniess days". and with that generic statment. I am frustrated! I then tried to ask her if i can get the card expidted? she told me that Since my account is new I cant get it expidited. Of course other people in this reviews have got there NEW cards expidited for $16 and got the card's in 2-3 days. so I don't know when this card is suppose to come in... If you guys can shead some light into this it is much appreactated.... I will update when I get the card so other people will know after me....

Review by Jdela2120
Commented at Sep 24, 2014

CK you need to fix the login, because i just lost all i wrote down when you redirected me to login....ugh!

Anyways I applyed early morning Sep 12 and the deposit was taken out of my Checking account on Sep 15. I have not gotton an email (Like some people on the reviews have gotten) saying it was shipped. I have read on one users review he got the card in 9 days and It's been 12 days and counting for me(I'm writing this after the mail man came and i got nothing).  I called C1 today and the rep told me that my account was officialy created on Sep 20 and I should recieve the card in the mail "Within 7-10 Busniess days". and with that generic statment. I am frustrated! I then tried to ask her if i can get the card expidted? she told me that Since my account is new I cant get it expidited. Of course other people in this reviews have got there NEW cards expidited for $16 and got the card's in 2-3 days. so I don't know when this card is suppose to come in... If you guys can shead some light into this it is much appreactated.... I will update when I get the card so other people will know after me....

Review by Jdela2120
Commented at Sep 23, 2014

I am twenty-six years old. I started building with the Capital One Secured card exactly twelve months ago. About three months of perfect credit history, I was granted a $100 increase. Others report that they have increased it even further automatically, but not the case for me. 

I really was on the fence about if I should deposit more money to have a higher limit reporting ONLY because I thought it would look good. I am here to tell you that a $200 limit is fine, and you don't need to deposit more money. The important thing is to keep your balances low and pay on time. I really wanted to write a review to tell people that, because I really questioned that alot. 

I applied for two American Express cards at the same time about two weeks ago. The Green charge card, and the revolving Everday card

THEN, last Thursday I applied for the Chase Sapphire Preferred and got approved with a $7,000 CLI. My Experian score is 729, and Transunion 717. I have always paid bills on time, and almost never spent above 20% on my card.

I am not going to apply for any more credit cards. The reason I did that because I wanted two revolvers with good limits, and a charge card. I wanted to do my inquiries at the same time. 

This really is an amazing card to build credit. I was under the impression that it took years before you could get approved for a regular credit card, but in my case it was not true. For the most part, I have never spent above 20-25% of my utilization. 

The only thing that irritates me about the card is that I won't be able to close it for a long time because its my longest standing card. Maybe when I have about eight years or so of credit, it will be worth it but no way before then. But, with all said and done i feel very guilty for complaining about that. They were the only company that would accept me without history, and, as you can see it is responsible for my credit success. 

American Express green charge NPSL

Chase Sapphire Preferred $7,000

American Express Everyday $2,000

Capital One secured card $300

Bill me later $1,000 (SUCKED into this by eBay on complete accident and now am stuck with it. Watch out for this I am still really mad about it). 

Review by finallybuildingcredit
Commented at Sep 22, 2014

I woke up this morning to check my score, and i was shocked to see I have recieved a $300 credit limit increase. I heard capital one doens't like to increase limits, yet they did it on my secured card. I also have a quicksilver MC through them, so maybe that helped. They doubled my credit limit after only 6 months.

Review by Anonymous
Commented at Sep 15, 2014

I was trying restablish my credit but didn't want to do a secured card, but then I cam across this card.  After making my pmts on time, they raised my limit without me doing another deposit.  I recommend this card for anyone trying to build their credit.

Review by Anonymous

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.