Click the stars to submit your rating.
Thanks for rating!
3.8/5.0 from 63 Cardholder Reviews Over the Past 60 Days!
Call a Specialist 1-800-747-3893 M-F 8:30 to 5:30 EST
|Regular APR:||24.9% (Variable)|
|Intro Balance Transfer:||N/A|
|Ongoing Balance Transfer:||24.9% (Variable)|
Credit cards for bad credit are intended for those with a credit score of 599 or Lower.Get Your Free Score!
This card is meant for those who have bad credit and want a card that helps them rebuild it, while also delivering the convenience of carrying plastic instead of cash. The minimum security deposit can range from $49, $99, or $200, depending on your creditworthiness, and can be paid over an 80 day time period after approval.
The interest rate on this card is 24.9% (Variable) and there is now no annual membership fee. For people with damaged credit though, those rates are a small price to pay for the chance to rebuild your credit.The Capital One Secured MasterCard also reports to the “big three” major credit bureaus on a regular basis. So, if you are paying your bills on time and not using more than 25% of your available credit – two strategies recommended by credit improvement experts – then that will help you in your credit building efforts.
This card now comes with no annual fee, making it one of the few secured cards without it. The Capital One Secured MasterCard by is a nice alternative for someone with poor credit who wants a chance to rebuild their credit.
There is no balance transfer fee, and you can sign up for free enrollment in online tools to help you track your credit. You can also earn opportunities for a credit line increase based on your payment history and credit worthiness.
The APR is 24.9% (Variable). You also have to put forth a security deposit in order to get this card.
Editorial Note: This content is not provided by Capital One. Any opinions, analyses, reviews or recommendations expressed on this page are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Capital One.
Share your experiences, tips and tricks with us!
There is nothing we value more than the opinions of our customers. We encourage open discussions among all users and hope we can all share advice. Please keep our site clean and safe by following our posting guidelines and please, don’t disclose personal information like your credit card numbers or account information.