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Capital One Secured MasterCard
Consumer Reviews, Credit Score and Income Needed, Credit Limits

Picture of Capital One® Secured Mastercard®
28 Reviews
Consumer Rating:
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Apply Here apply here 4.2
Average Score:
Key Features
Key Features

Annual Fee: $0
APR : 24.99%*V
Initial Deposit: $49, $99 or $200 for a $200 limit.
Credit Limit Increase without additional deposit: Review after 5 months
Reports as: Unsecured
Graduates to unsecured: Yes
Pros and Cons
Pros and Cons

  • No annual fee
  • Can deposit less than initial credit limit
  • Credit limit increase possible after 5 months with no additional deposit
  • Reports as unsecured
  • possible to graduate to an unsecured card


  • No Rewards (nitpicking here)

Our Take
Our Take

This is one of the best secured credit cards out there. The unique feature of this card is that you may only be required to put down a portion of the initial credit limit of $200 (making it a partially secured credit card). You are also eligible for a credit line increase without having to put up additional deposits after 5 months (we know of no other card that has this feature). They are also one of the rare secured cards that report as unsecured. The only thing we could nitpick is that they do not have a reward program!

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Credit Score: 748 Credit Limit: 750 Age: 35-44
Posted 01/27 2020
Overall Rating: star ratingno star ratingno star ratingno star ratingno star rating
This card DOES NOT graduate and also have absolutely no benefits. Avoid at all costs.
Credit Score: 490 Credit Limit: 200 Age: 18-24
Posted 02/19 2016
Overall Rating: star ratingno star ratingno star ratingno star ratingno star rating
I had quite a few collections in my report and I kept getting denied by most cards. I disputed a couple of incorrect ones and once they were resolved and fell off my report, I applied for the Cap One secured card. My score was 490 when I applied and I had to folk out a $99 deposit for a $200 credit limit. As with many folks here, I got a credit limit increase of $300 (taking the total to $500) after 7 months. I actually did not realize it until I saw my statements. You won't get any emails from them about the credit limit increase. And asking for it would not help either. I was told it is all automated. My scores did go up to 600 after slightly over a year with the card. I also got a pre-approved offer for the Quicksilver and was approved for $1000.