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Capital One Platinum Secured Credit Card card art from issuer website
MASTERCARDMastercard Standard

Capital One Platinum Secured Credit Card

Annual Fee
$0
Source: Capital One

Terms checked against the issuer on October 10, 2026

Apply on Capital One's site

At a Glance

Annual Fee
$0
Authorized User Fee
$0
Foreign Transaction Fee
$0
Network
Mastercard Standard
Credit Required
Poor to Excellent

Earning Rates

  1. 0X

    All Other

    This card does not earn rewards

Benefits & Perks

Insurance & Protections

4 protections

  1. Zero Liability on unauthorized transactions

    You won't be held responsible for unauthorized transactions made in store, online, or via mobile device.

  2. Credit reporting

    We report to the three major credit bureaus. A history of responsible use could help you build credit.

  3. 24/7 lost/stolen card assistance worldwide

    Report lost or stolen cards 24/7 and get emergency card replacement and cash advance assistance worldwide.

  4. Credit monitoring

    Get alerts when your TransUnion® or Experian® credit report changes.

Details & Terms

Payment Terms

Purchase APR29.24% (Variable)
Cash Advance APR29.24% (Variable)
Foreign Transaction Fee$0
Authorized User Fee$0

Reviews & Analysis

Pros and Cons

Pros

  • +Lowest minimum deposit in the industry ($49 option)
  • +No annual fee preserves your deposit
  • +No foreign transaction fee
  • +Reports to all 3 credit bureaus monthly
  • +Automatic credit line review after 6 months
  • +Clear upgrade path to unsecured Capital One Platinum
  • +Flexible deposit options ($49, $99, or $200) all open at least $200 credit line

Cons

  • -No rewards or cash back on purchases
  • -High 29.24% APR if you carry a balance
  • -No welcome bonus
  • -Credit limit tied to deposit amount
  • -No intro APR offer

Who It's Best For

Best For

  • People with limited funds who want to start building credit with as little as $49
  • Those rebuilding credit who want a clear path to an unsecured card
  • First-time credit card users who prioritize low barrier to entry over rewards

Not Ideal For

  • People who want to earn rewards on their spending
  • Those who can afford a higher deposit and want better card features
  • Users seeking premium benefits or travel perks

Media & Resources

Card Design

Capital One Platinum Secured Credit Card card art from issuer website

Evidence Sources

SourceCitation
Capital OneCapital One
NerdWalletNerdWallet
Usnews ReviewUsnews Review
RewardsCC APIRewardsCC API
Issuer PageIssuer Page
Issuer PageIssuer Page
Capital OneCapital One

Explore More

See all Capital One cards →Browse all card categories →Browse all card benefits →Browse all credit cards →

Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.