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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: 759 Credit Limit: 0 Age: 25-34
Posted 08/09 2019
Overall Rating: star ratingstar ratingstar ratingno star ratingno star rating
Overall, I'm happy with this card. My only complaint is in regards to graduation to an unsecured card. While this card had the ability to graduate in the past (pre 2017 I believe), I don't think that it does any longer. I have a 100% paid-on-time record, and very rarely carry a balance or use more than 20% of my $1500 credit. I have had this card for 4 years with a credit score in the 700s. I called Cap One today to request graduation to an unsecured card, and was informed that their graduation program is currently "paused" and secured card holders would be alerted when the program resumes again. However, I have heard others who tried that 6 months ago were told the same thing. My suspicion is that the graduation to the unsecured card is paused indefinitely. I would have no problem getting approved for an unsecured card but it would be nice to get my deposit back without closing my longest-running credit line.
Credit Score: 530 Credit Limit: 200 Age: 25-34
Posted 11/11 2015
Overall Rating: star ratingstar ratingstar ratingno star ratingno star rating
I got this card for 2 main reasons. There first was there is no annual fee. The second reason is that I've read that Capital One will very likely increase your credit limit after 5 months of paying on time. After 6 months, I called up their rep and asked for a CLI and was told I should get it soon. Into 9 months and still no credit line increase (even though I have been paying on time). Called CSR again and was told most likely to happen by the end of 12 months. It's been over a year and I'm still stuck with my $200 limit.