Capital One Platinum Secured Credit Card

Capital One Platinum Secured Credit Card

on Capital One's website

Capital One Platinum Secured Credit Card

Capital One Platinum Secured Credit Card

Capital One Platinum Secured Credit Card

on Capital One's website

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Card details

  • No annual or hidden fees. See if you're approved in seconds

  • Building your credit? Using the Capital One Platinum Secured card responsibly could help

  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line

  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time

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

  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges

  • Monitor your credit with CreditWise from Capital One. It's free for everyone and checking your credit does not hurt your credit score

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 this 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

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NerdWallet review

By Erin El Issa

Rating details

4.9

Editor's overall rating

Pros and cons

Pros
  • No annual fee

  • Qualify with limited/bad credit

  • No foreign transaction fees

  • Report to three major credit bureaus

Cons
  • Requires minimum deposit

  • 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 Capital One Platinum Secured Credit Card, 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 Capital One Platinum Secured Credit Card 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 Capital One Platinum Secured Credit Card? Check out our full review of the card for details.