Capital One® Secured Mastercard®
Intro APR Purchase
N/A
Intro APR Balance Transfer
N/ARegular APR
24.99% (Variable)Annual Fee
$0
Pros
- No annual fee
- Free access to credit score
- Reports to all 3 major credit bureaus
Cons
- Security deposit required
Card Highlights
- No annual fee, and all the credit building benefits with responsible card use
- Unlike a prepaid card, it builds credit when used responsibly, with regular reporting to the 3 major credit bureaus
- You will get an initial $200 credit line after making a security deposit of $49, $99, or $200, determined based on your creditworthiness
- Get access to a higher credit line after making your first 5 monthly payments on time with no additional deposit needed
- 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
