Capital One® Secured Mastercard® Review: Credit Cards

• Get the credit you need with no processing fees or application fees.
• Automatic reporting to the three major credit bureaus.
• Track your credit with access to your credit score and other tools.
• Your refundable security deposit can get you a line up to $3,000.
• You may qualify for credit line increases with no further security deposit required.
• Use it like any MasterCard credit card, accepted at millions of locations worldwide.

• Guaranteed by your funds, which act as a "security deposit" in case you default on the loan extended by the credit card company.
• Security deposit will be refunded in full if your account is up-to-date and paid on time when you close out your card.
• Looks and works like any other credit card, so it won't be apparent to others that this is a secured card.
• You fund the card by depositing $49, $99 or $200 into a FDIC-insured account. Deposit amount is based on your credit history.

• Helps boost your credit history by reporting to all three credit bureaus every month so you can establish or rebuild your credit.
• Looks like any other credit card on the credit reports. If you have a secured card, it does not indicate this in any way, which is a nice feature.
• If you make your payments on time, you can help improve your credit score with good payment behavior.

• $29 annual fee.
• Purchase APR: 22.9% variable APR.
• Balance Transfers: 22.9% variable APR, no transfer fee.
• Terms and Conditions

Apply for Capital One® Secured Mastercard®