Platinum Secured Credit Card from Capital One

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

Secured credit cards can be a great option if you want to improve or build your credit. Find out if you're pre-approved with no risk to your credit score.

Secured credit cards can be a great option if you want to improve or build your credit. Find out if you're pre-approved with no risk to your credit score.

View important rates and disclosures

Annual Fee


Security Deposit

$49, $99 or $200 minimum refundable deposit

Purchase Rate

30.49% 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.

Credit Reporting

We report to the three major credit bureaus. A history of responsible use could help you build credit. 2

How does the security deposit work?

A security deposit helps to establish the credit limit on your Platinum Secured Credit Card. By using your card responsibly and making on-time payments, you may be able to improve your credit score and be considered for a credit line increase in as little as six months. There are three simple steps involved with making your security deposit:


Make Your Deposit, Open Your Account

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


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).


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 .

Build your credit with a Platinum Secured credit card

Explore Capital One Platinum Secured card benefits 3

Account Alerts

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


Set up Autopay for your account and your payments will be made automatically every month. Learn more about setting up Autopay.

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

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. Contact Capital One Customer Service here.

Frequently asked questions

A secured credit card is a type of credit card that offers you an opportunity to build or rebuild your credit with responsible use. This card type requires a refundable security deposit that’s held as collateral while the account remains open, similar to the security deposit given to a landlord to rent an apartment. 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 with installments over the next 35 days. 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 if your card issuer upgrades you to an unsecured card after you’ve demonstrated your ability to use your secured card responsibly. 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. While Capital One Secured cards don’t require a credit score to apply, you must meet certain conditions for your income and existing debt in order to qualify for a Platinum Secured Credit Card. If you don’t meet these conditions, your application may be declined.


Your security deposit will be returned and your account unsecured. All other card terms and features will remain the same.


Many factors are used by credit bureaus to calculate your score. Impact on your credit score will vary.


Some cardholder benefits are only available to the primary cardholder and not authorized users.


Based on Capital One Secured Card holders who are actively enrolled in CreditWise, had a starting VantageScore® of less than 600, used their secured card and made on-time payments for the first consecutive six months after account opening (data gathered from July - November 2022).  CreditWise scores are calculated based on the TransUnion® VantageScore® 3.0 model, which is one of many credit scoring models and may not be the same model your lender uses. Results may vary.