Build Credit with a Secured Credit Card | Capital One
Platinum Secured

Platinum Secured from Capital One

Don't let your credit past dictate your financial future.

Find out if you're pre-approved with no risk to your credit score.

View important rates and disclosures

Platinum Secured Credit Card from Capital One

Card Overview Getting Started Benefits FAQ Rates & Disclosures
Annual Fee
$0
Security Deposit
$49, $99 or $200 minimum refundable deposit
Purchase Rate
26.99% variable APR

Tools to help you on your credit building journey

Refundable Deposits & Upgrades

With responsible card use, you could earn back your deposit and upgrade to a standard, unsecured Platinum card.1

No Hidden Fees

No foreign transaction fees. No replacement card fees. No authorized user fees. Just the card you need with no unwanted surprises.

Automatic Credit Line Reviews

Be automatically considered for a higher credit line in as little as 6 months.

Flexible Due Dates

Easily work payments into your monthly budget by choosing the due date that works best for you.

How does the security deposit work?

1

Make Your Deposit, Open Your Account

A $49, $99, or $200 minimum deposit opens your account with an initial credit line of $200.

2

Deposit More, Raise Your Credit Line

You can raise your initial credit line by depositing more than the minimum amount (up to a maximum limit of $1000).

3

Use Your Card Responsibly, Get Your Deposit Back

With responsible card use, like making payments on time, you could earn back your deposit and upgrade to an unsecured Platinum card1.

Already been approved, but need to fund your card?
Make A Deposit

Start Your Credit Building DIY Project

Explore Capital One credit card benefits2

Account Alerts

Set up personalized email or text reminders to help you stay on top of your account.

Autopay

Set up Autopay for your account and your payments will be made automatically every month.

See Monthly Recurring Transactions

24/7 access to a list of merchants that charge your Capital One card monthly, like subscriptions and bills on your account at www.capitalone.com

Authorized User

Add an authorized user to your account, and track spending by user.

Balance Transfer

Transfer your higher-rate balances onto a Capital One card. Learn more about balance transfers.

24/7 Customer Service

Helpful customer service representatives are available to assist you 24 hours a day.

Balance transfer requests are subject to approval.

Security Alerts

Get notified via text, email, and phone if Capital One notices potential suspicious transactions on your account.

$0 Fraud Liability

If your card is lost or stolen, you will not be responsible for unauthorized charges.

Virtual Card Numbers from Eno

Pay for online purchases with virtual card numbers and keep your actual card number to yourself.

Card Lock

Lock your card in the Capital One Mobile app if it's misplaced, lost, or stolen.

Account Alerts from Eno

Receive an alert if Capital One detects a potential mistake or unexpected charge like a potential duplicate purchase or a sudden recurring bill increase. Learn more about account alerts.

CreditWise

Get alerts when your TransUnion® or Experian® credit report changes. Learn more about CreditWise.

$0 fraud liability claims are subject to investigation and verification.

With Card Lock, some activity may continue, including returns, credits, payments, interest, dispute adjustments, other account fees, purchase transactions during system downtime and certain other exempted transactions.

CreditWise availability will vary depending on ability to obtain your credit history from TransUnion® and is free for everyone whether or not you have a Capital One credit card.

Capital One Mobile App

Manage your account anywhere, anytime. Pay your bill, view your balance and transactions—even stay on top of your credit for free with CreditWise.

Eno®, your Capital One assistant

Wherever you are, Eno keeps an eye on your accounts 24/7, sends alerts when something’s up, and is always ready to answer questions—so you can keep moving.

CreditWise from Capital One

Monitor your credit with CreditWise. It's free for everyone—whether or not you have a Capital One credit card—and it won’t hurt your score.

CreditWise availability will vary depending on ability to obtain your credit history from TransUnion®.

No Foreign Transaction Fees

You won't pay a transaction fee when making a purchase outside of the United States.

Emergency Card Replacement

If your credit card is lost or stolen, you can get an emergency replacement card.

ATM Location Services

Receive help finding the nearest ATM when traveling.

Frequently asked questions

It's a credit card that offers you an opportunity to build or rebuild your credit with responsible use. A secured credit card also requires a refundable security deposit, which is held as collateral for the account. No interest is applied to the security deposit.

Once you're approved, all it takes to get started is a minimum required security deposit, which you can pay all at once or over time. You can make your security deposit online or over the phone. When you've made your minimum required security deposit, your account will be opened. There are two ways your security deposit can be refunded. First, you can earn back your deposit as a statement credit by using your card responsibly or second, we will refund it when you close your account and pay your balance in full. Your card status will be regularly reported to the three major credit bureaus.

Unlike a prepaid card, a secured card is an actual credit card that reports to the three major credit bureaus—providing the opportunity to build your credit, with responsible use. Prepaid cards are more like debit cards and cannot help you build your credit because they do not report to the major credit bureaus.

No. Your Capital One Platinum Secured Credit Card will not have the word “secured” on it. It will look just like other Capital One credit cards.

Yes. As with any credit card, there are certain conditions that could cause your application for this credit card to be declined.

Your security deposit is held as collateral against your credit line. There are two ways your security deposit can be refunded. First, you can earn back your deposit as a statement credit by using your card responsibly or second, we will refund it when you close your account and pay your balance in full. Your card status will be regularly reported to the three major credit bureaus.

If you are approved, you will be given a customer number, which is your unique identifier that you’ll need to include when you pay a required security deposit online or over the phone. All deposits must be at least $20 and in whole dollar increments and funded through an electronic funds transfer from a bank account—cash, checks, and other money transfer methods are not accepted. You can make your required deposit on our deposit page.

Yes. You can make partial payments but need to make sure you've made your full, required deposit within 35 days of being approved. Once we've received your required deposit, your card will be on its way. All deposits must be at least $20 and in whole dollar increments

You must make your required security deposit payment within 35 days of being approved. If you do not make your required deposit, we will not be able to open an account for you.

No, you must still make at least your minimum monthly payment each month. Paying your credit card balance in full each month instead of carrying a balance is a good idea.

Yes. If your application is approved and you provide the minimum required security deposit prior to the expiration date, your account will be opened, and you will receive the minimum initial credit line of $200. To increase your initial credit line, simply deposit more than your minimum required security deposit within 35 days of being approved and before you activate your card. You can raise your initial credit line by the amount of your additional deposit, up to $1,000.

You may earn credit line increases based on your payment history and creditworthiness with no additional deposit needed.

Capital One reports your credit standing to the three major credit bureaus. Credit standing includes information like whether you make your minimum payment in full and on time every month. A history of good credit standing can help build your credit. However, not making your minimum payments on time each month can damage your credit.

We generally apply payments up to your minimum payment first to the balance with the lowest APR (including 0% APR), and then to balances with higher APRs. We apply any part of your payment above your minimum payment to the balance with the highest APR, and then to balances with lower APRs.

Yes. CreditWise® from Capital One gives you unlimited free access to your credit score, as well as tools to help you track and manage your progress. It's free and available to anyone, even if you're not a Capital One cardholder. You can also find many other free financial tools and information on our Financial Education site.

Want to see more cards that could help you build credit with responsible use?

Compare Credit Cards

Rate and fee information

Platinum Secured

Platinum Secured from Capital One

Build your credit with no annual fee and a refundable deposit.

Platinum Secured

Recommended credit:

Find out if you’re pre-approved with no risk to your credit score.

Recommended credit:

View important rates and disclosures
Annual Fee
$0
Security Deposit
$49, $99 or $200 minimum refundable deposit
Purchase APR
26.99% variable APR
Risk-free pre-approval

See if you’re pre-approved for this card with no risk to your credit score.

Refundable deposits & upgrades

With responsible use, you could earn back your deposit and upgrade to an unsecured Platinum card.1

Flexible due dates

Choose the due date that works best for your budget.

Automatic credit line reviews

Be automatically considered for a higher credit line in as little as 6 months.

No hidden fees

Avoid foreign transaction fees and authorized user fees.

Credit score monitoring

Get unlimited access to your credit score through CreditWise.3

Platinum Secured

How does the security deposit work?

1

Make Your Deposit, Open Your Account

A $49, $99, or $200 minimum deposit opens your account with an initial credit line of $200.

2

Deposit More, Raise Your Credit Line

You can raise your initial credit line by depositing more than the minimum amount (up to a maximum limit of $1000).

3

Use Your Card Responsibly, Get Your Deposit Back

With responsible card use, like making payments on time, you could earn back your deposit and upgrade to an unsecured Platinum card.1

Already been approved, but need to fund your card?

Make a Deposit

With Capital One, you get more than just credit2

  • Save with our tips
    We make it easy to avoid paying for things you aren’t using. Review recurring payments like subscriptions and bills and cancel with ease.
  • Alerts for peace of mind
    Stay on top of your account with personalized email and text reminders, and get automatic alerts about potentially suspicious activity or unexpected charges.
  • Take control on the go
    Manage your credit card wherever you go. Access your accounts, pay your bills and more, all in one app.

Find out if you’re pre-approved with no risk to your credit score.

Start Your Credit Building DIY Project

Other perks included in your cardholder membership:

Account Alerts

Set up personalized email or text reminders to help you stay on top of your account.

Autopay

Set up Autopay for your account and your payments will be made automatically every month.

See Monthly Recurring Transactions

24/7 access to a list of merchants that charge your Capital One card monthly, like subscriptions and bills on your account at www.capitalone.com.

Authorized User

Add an authorized user to your account and track spending by user. Learn more about authorized users.

Balance Transfer

Transfer your higher-rate balances onto a Capital One card. Learn more about balance transfers. Balance transfer requests are subject to approval.

24/7 Customer Service

Helpful customer service representatives are available to assist you 24 hours a day.

Security Alerts

Get notified via text, email, and phone if Capital One notices potential suspicious transactions on your account.

$0 Fraud Liability

If your card is lost or stolen, you will not be responsible for unauthorized charges. 4

Card Lock

Lock your card in the Capital One Mobile app if it’s misplaced, lost, or stolen.5

Virtual Card Numbers from Eno

Pay for online purchases with virtual card numbers and keep your actual card number to yourself. Learn more about Eno.

Account Alerts from Eno

Receive an alert if Capital One detects a potential mistake or unexpected charge like a potential duplicate purchase or a sudden recurring bill increase. Learn more about account alerts.

CreditWise

Get alerts when your TransUnion® or Experian® credit report changes. Learn more about CreditWise.3

Capital One Mobile App

Manage your account anywhere, anytime. Pay your bill, view your balance and transactions—even stay on top of your credit for free with CreditWise. Learn more about the Capital One mobile app.

CreditWise from Capital One

Monitor your credit with CreditWise. It’s free for everyone—whether or not you have a Capital One credit card—and it won’t hurt your score.3

Eno, your Capital One assistant

Wherever you are, Eno keeps an eye on your accounts 24/7, sends alerts when something’s up, and is always ready to answer questions—so you can keep moving.

Instant Purchase Notifications

Stay on top of your spending by receiving a push notification each time a new purchase is approved on your account.

No Foreign Transaction Fees

You won’t pay a transaction fee when making a purchase outside of the United States.

ATM Location Services

Receive help finding the nearest ATM when traveling.

Emergency Card Replacement

If your credit card is lost or stolen, you can get an emergency replacement card.

Tap to Pay

Just like in your mobile wallet, you can now tap to pay with your contactless card. It’s a fast and secure way to pay. Simply hold or tap your card on a contactless-enabled card reader and you are good to go.

Capital One Shopping

Capital One Shopping is an online shopping tool that automatically applies available coupon codes to your order. Learn more about Capital One Shopping.6

Travel & Retail Benefits

Travel and Retail Benefits, except No Foreign Transaction Fees, are provided by Visa® or Mastercard® and may vary by product. See your respective Guide to Benefits for details, as terms and exclusions apply.

See all Card Benefits

Frequently asked questions

It’s a credit card that offers you an opportunity to build or rebuild your credit with responsible use. A secured credit card also requires a refundable security deposit, which is held as collateral for the account. No interest is applied to the security deposit.

Once you’re approved, all it takes to get started is a minimum required security deposit, which you can pay all at once or over time. You can make your security deposit online or over the phone. When you’ve made your minimum required security deposit, your account will be opened. There are two ways your security deposit can be refunded. First, you can earn back your deposit as a statement credit by using your card responsibly or second, we will refund it when you close your account and pay your balance in full. Your card status will be regularly reported to the three major credit bureaus.

Unlike a prepaid card, a secured card is an actual credit card that reports to the three major credit bureaus—providing the opportunity to build your credit, with responsible use. Prepaid cards are more like debit cards and cannot help you build your credit because they do not report to the major credit bureaus.

No. Your Capital One Secured Credit Card will not have the word “secured” on it. It will look just like other Capital One credit cards.

Yes. As with any credit card, there are certain conditions that could cause your application for this credit card to be declined.

Your security deposit is held as collateral against your credit line. There are two ways your security deposit can be refunded. First, you can earn back your deposit as a statement credit by using your card responsibly or second, we will refund it when you close your account and pay your balance in full. Your card status will be regularly reported to the three major credit bureaus.

If you are approved, you will be given a customer number, which is your unique identifier that you’ll need to include when you pay a required security deposit online or over the phone. All deposits must be at least $20 and in whole dollar increments and funded through an electronic funds transfer from a bank account—cash, checks, and other money transfer methods are not accepted. You can make your required deposit on our deposit page.

Yes. You can make partial payments but need to make sure you’ve made your full, required deposit within 35 days of being approved. Once we’ve received your required deposit, your card will be on its way. All deposits must be at least $20 and in whole dollar increments

You must make your required security deposit payment within 35 days of being approved. If you do not make your required deposit, we will not be able to open an account for you.

No, you must still make at least your minimum monthly payment each month. Paying your credit card balance in full each month instead of carrying a balance is a good idea.

Yes. If your application is approved and you provide the minimum required security deposit prior to the expiration date, your account will be opened, and you will receive the minimum initial credit line of $200. To increase your initial credit line, simply deposit more than your minimum required security deposit within 35 days of being approved and before you activate your card. You can raise your initial credit line by the amount of your additional deposit, up to $1,000.

You may earn credit line increases based on your payment history and creditworthiness with no additional deposit needed.

Capital One reports your credit standing to the three major credit bureaus. Credit standing includes information like whether you make your minimum payment in full and on time every month. A history of good credit standing can help build your credit. However, not making your minimum payments on time each month can damage your credit.

We generally apply payments up to your minimum payment first to the balance with the lowest APR (including 0% APR), and then to balances with higher APRs. We apply any part of your payment above your minimum payment to the balance with the highest APR, and then to balances with lower APRs.

Yes. CreditWise® from Capital One gives you unlimited free access to your credit score, as well as tools to help you track and manage your progress. It’s free and available to anyone, even if you’re not a Capital One cardholder. You can also find many other free financial tools and information on our Financial Education site.

Rate and fee information

Choose a card to view its rate and fee information

Looking for other cards that can help you build credit?

Capital One Customer Ratings

Platinum Secured Card

4.4 out of 5

Based on 13,788 ratings

89% of reviewers recommend Platinum Secured Card

64% 20% 8% 4% 4%
1 Your security deposit will be returned and your account unsecured. All other card terms and features will remain the same.
2 Some cardholder benefits are only available to the primary cardholder and not authorized users.
3 CreditWise availability will vary depending on ability to obtain your credit history from TransUnion® and is free for everyone whether or not you have a Capital One credit card.
4 $0 fraud liability claims are subject to investigation and verification.
5 With Card Lock, some activity may continue, including returns, credits, payments, interest, dispute adjustments, other account fees, purchase transactions during system downtime and certain other exempted transactions.
6 Capital One Shopping is free for everyone whether or not you have a Capital One credit card.