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
  • 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
552
average
466
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: 7.4 out of 10 based on 1090 user ratings.
Commented at Feb 25, 2015

I applied for this card in Sept 2014, after being denied in Jan 2014. My credit at the time was around 530 when I got approved. Put a deposit down of $225 and, because the limit was low, used it and paid it off a couple times monthly before my due date. Payments go through within 1-2 business days so it's really easy to make payments, instead of other CC that hold your payment for up to 10 business days. Helped bring my score up to 560 in 3 months and was able to get approved for Capital One Platinum (unsecured) and Capital One Quicksilver (both $500 limit)!! 

Defintely recommend! 

Review by reblder
Commented at Feb 25, 2015

As a careless young man in my college days, like a lot of other people on earth, I damaged my credit because I didn't think that credit really meant anything at the time. As I got older, that's when I realized how having credit makes a big difference. After several attempts of applying for credit and being denied, I was told by a friend to apply for the Capital One secured card. I did. I applied for this card in November 2014. I was approved for $200 with a $99 required deposit. I sent an additional $150 to increase my limit to $350. After using 42% and 44% of my credit utilization, and paying the balance off in full for Jan 2015 & Feb 2015, my TU score went from 568 to 581, Equifax 637, CK 655, and I currently am waiting for my credit report from Experian to see my score. I will keep you posted. I just want to say thank you Capital One for giving me a second chance. I am looking forward to increasing my score at least another 20 points and then I will apply for the Classic or Platinum Capital One Card. 

Review by 4thquarter
Commented at Feb 17, 2015

Terrible, 

Review by Anonymous
Commented at Feb 17, 2015

I got this card in February 2015 and now a year later my credit has jumped from a 503 to 596! It is perfect for those who have made mistakes in the past and need to rebuild their credit fast. Thank you Cap1!!!!!

Review by shannamark2011
Commented at Feb 13, 2015

I received this CC in August. Between that month and now I've been approved for a Merrick bank unsecured CC and now a Cap1 Platinum CC. I had a CC fall off my credit and my score jumped 16 points. I also was able to get a car w/o a co-signer. I just want to say thanks Cap1 for giving me the chance to rebuild with you and open doors to other opportunities. I'm still working on it. My CK started at 496 and I'm now at 588 in over a year's time.!!!!!

Review by krouwtt

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.