Capital One Platinum Secured Credit Card : Capital One Credit Cards: Everything You Need to Know ... / 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.. Your income, debts and other factors are also. Unlike the capital one secured mastercard, the capital one platinum is an unsecured credit card, so it doesn't require you to put down a security deposit. The capital one platinum card is geared towards people with fair credit or no history at all. It also has no foreign transaction fees and no penalty aprs. Other than these main differences, the platinum card is unsecured, so you won't have to provide collateral.

The platinum mastercard from capital one * is a card worth considering for those looking to establish or rebuild credit. A security deposit of $49, $99 or $200 is required for. Learn more about this card average cost of membership per year ($3,600 annual spend) $0 $251 credit limit 8 month account age. Secured mastercard® from capital one is an extremely good credit card for building or rebuilding your credit score.

The capital one platinum credit card is specifically designed for people with fair or average credit, to help build a positive credit history.

Competitive apr and annual fees. This card offers the potential to build good credit without paying an annual fee. The secured mastercard from capital one is a secured credit card, so you must make a security deposit of $49, $99 or $200 to start using it. The capital one platinum card is a plain vanilla credit card designed for cardholders who want to build or rebuild credit with responsible use. Your income, debts and other factors are also. Credit lines available from $200 to $5,000. Exactly the same problem i am having with capital one secured platinum card. It comes with $0 annual fee, $0 balance transfer fee and $0 foreign. The capital one® secured mastercard® is one of the top options for people who want to rebuild their credit history or establish a positive credit file. The capital one secured card provides the same credit building benefits, but in addition to that it accepts applicants with bad credit. Other than these main differences, the platinum card is unsecured, so you won't have to provide collateral. The capital one secured does not charge annual or monthly fees, and it reports account information to all three major credit bureaus on a monthly basis. It doesn't require a credit check, and you don't need a bank account.

The minimum required deposit to open a secured mastercard® from capital one will actually vary with your credit risk. If you have a spotty credit history or no credit history, the capital one platinum credit card is worth considering. The first progress platinum prestige mastercard® secured credit card doesn't reference your credit history or score to approve your application, whereas the secured mastercard® from capital one does. No credit history or minimum credit score required for approval. Capital one's secured card could require only a $49 or $99 security deposit for an initial $200 credit line.

First progress accepts an initial security deposit of $200 to $2,000 (vs $49 to $1,000 for capital one) and allows your credit limit to grow.

Learn more about this card average cost of membership per year ($3,600 annual spend) $0 No credit history or minimum credit score required for approval. The first progress platinum prestige mastercard® secured credit card doesn't reference your credit history or score to approve your application, whereas the secured mastercard® from capital one does. First progress accepts an initial security deposit of $200 to $2,000 (vs $49 to $1,000 for capital one) and allows your credit limit to grow. No credit history or minimum credit score required for approval. A secured credit card requires applicants to put down a refundable deposit to open a line of credit. The capital one secured card provides the same credit building benefits, but in addition to that it accepts applicants with bad credit. Indeed, unless your credit score is in the good range or better (670+ fico), you'll probably start out with a credit limit around $300 to $500. This card offers the potential to build good credit without paying an annual fee. The minimum required deposit to open a secured mastercard® from capital one will actually vary with your credit risk. The secured mastercard® from capital one is the rare card that allows for a deposit lower than the credit limit (in some cases) and that allows the deposit to be paid in installments. For example, if you applied for the capital one platinum credit card as a way to build your credit score, but now qualify for one of capital one's many great rewards cards, you can change to a better rewards rate without having to close the platinum. But i cannot use card at all or my utilization will drop score 50 points.

Indeed, unless your credit score is in the good range or better (670+ fico), you'll probably start out with a credit limit around $300 to $500. Competitive apr and annual fees. The capital one® secured mastercard® is one of the top options for people who want to rebuild their credit history or establish a positive credit file. 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. The capital one platinum card is geared towards people with fair credit or no history at all.

Secured mastercard® refundable deposit of $49, $99 or $200 gets you a $200 initial credit line.

$251 credit limit 8 month account age. Secured mastercard® from capital one is an extremely good credit card for building or rebuilding your credit score. 0 debt , 0 carry over balance , 0 neg marks. Some cards provide a credit line higher than the amount of the security deposit, based on your credit history. Capital one's secured card could require only a $49 or $99 security deposit for an initial $200 credit line. It also has no foreign transaction fees and no penalty aprs. Secured mastercard® refundable deposit of $49, $99 or $200 gets you a $200 initial credit line. Plus, if you deposit more money before your account opens, you may be able to get a higher limit. Prepaid cards are more like debit cards and cannot help you build your credit because they do not report to the major credit bureaus. Credit lines available from $200 to $5,000. If you want to build credit without a secured credit card, the capital one platinum credit card is worth a look for its valuable perks and features that make building credit easy with responsible use. The capital one platinum card is a plain vanilla credit card designed for cardholders who want to build or rebuild credit with responsible use. Sign in to access your capital one account(s).