Secured Mastercard® from Capital One

Secured Mastercard® from Capital One

on Capital One's website

Secured Mastercard® from Capital One

Secured Mastercard® from Capital One

Secured Mastercard® from Capital One

on Capital One's website

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Card details

  • No annual fee

  • Unlike a prepaid card, there is regular reporting to the 3 major credit bureaus

  • Accepted at millions of locations worldwide

  • Make the minimum required security deposit and you'll get an initial credit line of $200. Plus, deposit more money before your account opens to get a higher credit line

  • Access to an authorized bank account is required to make your $49, $99 or $200 refundable security deposit

  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed

  • We will monitor your account, and as you use it responsibly by doing things like making on-time payments, you may be able to earn back your deposit as a statement credit

  • Easily manage your account 24/7 with online access, by phone or using our mobile app

Rates, fees & offers

  • Annual fee

    $0

  • Rewards rate

    N/A

  • Bonus offer

    None

  • Intro APR

    N/A

  • Ongoing APR

    APR: 26.99% Variable APR

    Cash Advance APR: 26.99%, Variable

  • Balance transfer fee

    $0 at the Transfer APR

  • Foreign transaction fee

    None

Recommended credit score

Compare to other cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Learn more
Annual Fee

$0

Annual Fee

$0

Annual Fee

$0

Regular APR

26.99% Variable APR

Regular APR

22.99% Variable APR

Rates & Fees

Regular APR

18.00%, Variable

Intro APR

N/A

Intro APR

10.99% intro APR on Balance Transfers for 6 months

Intro APR

N/A

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Just tell us some details and see which card matches your needs most.

Just tell us some details and see which card matches your needs most.

NerdWallet review

By Erin El Issa

Rating details

4.9

Editor's overall rating

Pros and cons

Pros
  • Qualify with limited / bad credit

  • No annual fee

  • No foreign transaction fee

Cons
  • No rewards

  • High APR

If you have bad or no credit, a secured card is a great option to improve your credit score. Enter the Secured Mastercard® from Capital One, 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 $1,000.

The Secured Mastercard® from Capital One has an annual fee of $0 and no foreign transaction fees. The card's APR is high: The ongoing APR is 26.99% Variable APR -- so make sure you pay your balance in full each month to avoid incurring interest.

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