Capital One Secured MasterCard Review | NerdWallet
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Capital One® Secured MasterCard®

Apply Nowon Capital One’s secure website.
Apply Nowon Capital One’s secure website.

Capital One® Secured MasterCard®

Apply Nowon Capital One’s secure website.
Apply Nowon Capital One’s secure website.

Card details

  • 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

APR, Variable

APR: 24.99% Variable APR

Cash Advance APR: 24.99%, Variable


  • Qualify with limited / bad credit
  • No annual fee
  • No foreign transaction fee


  • No rewards
  • High APR

Rewards rate


Annual fee


Intro APR


Recommended credit score

Nerdwallet Review

Author: Erin El Issa

If you have bad or no credit, a secured card is a great option to improve your credit score. Enter the Capital One® Secured MasterCard®, one of our favorite secured cards on the market. Based on your current credit score, Capital One will determine your refundable security deposit amount -- either $49, $99 or $200 -- which will get you a starter credit limit of $200. You can get a higher initial credit limit by making a larger deposit before activating your card. The maximum credit line is $3,000.

The Capital One® Secured MasterCard® has an annual fee of $0 and no foreign transaction fees. The card's APR is high: The ongoing APR is 24.99% Variable APR -- so make sure you pay your balance in full each month to avoid incurring interest.

Want to learn more about the Capital One® Secured MasterCard®? Check out our full review of the card for details.

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