Secured Mastercard® from Capital One
No annual fee.
Unlike a prepaid card, it builds credit when used responsibly, with regular reporting to the 3 major credit bureaus.
You Will get an initial $200 credit line after making a security deposit of $49, $99, or $200, determined based on your creditworthiness
Get access to a higher credit line after making your first 5 monthly payments on time with no additional deposit needed
Easily manage your account 24/7 with online access, by phone, or using our mobile app
It’s a credit card accepted at millions of locations worldwide
Secured Credit Card
A Secured MasterCard® from Capital One® is a great choice for people who are looking to take control and build credit. With this card, you can:
- Enjoy automatic reporting to the 3 major credit bureaus
- Earn credit line increases depending on your payment and credit history
Get unlimited access to your credit score and tools to help you monitor your credit profile with CreditWise® from Capital One. It’s free and available to anyone, even if you’re not a Capital One cardholder.
PROS:
Required Security Deposit – $49, $99 or $200 refundable deposit based on your creditworthiness
Access a Higher Credit Line -Get access to a higher credit line after making your first 5 monthly payments on time with no additional deposit needed
Annual Fee =$0