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
545
average
464
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 1133 user ratings.
Commented at Mar 30, 2015

When I started my credit in November of 2014, my first account was this Capital One Secured MasterCard. It has raised my score almost 100 points since I've had it. I think this is the best place for people starting out to get credit. Although I don't have much credit and can't get any other card. I hope that this card will get me an unsecured card in the next 6-12 months.

Review by Kody1996
Commented at Mar 28, 2015

Never had a credit card, car pament, loan of any type accept for student loans. Derogatory marks left and right from traffic tickets and utilities. had a 551 & 554. Gave Cap com my $49, bam $200 limit. Made one extra deposit of $51, just to bring the limit up to $251.Checked earlier today on CK and my score sky rocketed!

Now i'm at a 644 on the lowest score. Took a chance and applied for a regular card with Cap One, got approved for the Platinum Classic, $500 unsecured. I'm off to a great start and couldn't be happier. Godd luck!

Review by Vanard83
Commented at Mar 25, 2015

After years & years of irresponsibility and damaging my credit significantly, I finally buckled down and decided to repair it. This card was a saving grace for me when I had given up hope of being approved for any card. Yes, you have to put a deposit on the card(which is going to be your CL), but it definitely is the best move to rebuild your credit. GOOD LUCK!

Review by jtwilson05
Commented at Mar 25, 2015

I had a bankruptcy in 2013 and I was pleased to start rebuilding my credit. Capital One used to be one of the companies I couldn't stand, but over the years, they have really progressed with their customer service. My original balance started off low, and it was unnerving knowing I had to make a deposit, but after paying the bill on time, they increased my limit without having to even make another deposit! I have since then been offered an unsecured card with them, which has a high limit and rewards. I'm thankful this card was brought into my life and helped me re-build what I had lost.

Review by laurenfrom609
Commented at Mar 23, 2015

I had the card since June 2013 and made every single payment on time since.  My credit before I got the card was at 505-540, now my credit is in the 630-680 thanks to this card.  There is no annual fee for me and no credit increases without more deposit.  I know the review on the card said there's a $29 annual fee and credit increase but I never saw those.  I have contacted Capital One about credit increases and they replied twice that they cannot increase it due to that it is a secured card so they couldn't increase my line of credit.  I was ok with that because since Feb 2015 came around, I applied and been approved for 3 other credit card and had since then cancel this secured card.  Its not the best credit card but a stepping stone I used to get my credit above 600 so I can get a Barclay, Citi Visa Signature, and eBayMC.. 

Review by pcha2008

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.