Secured

Credit Quality: Poor

Pay no annual fee and no foreign transaction fees

Fewer Fees

Reports to the credit bureaus and builds your credit score when used responsibly

Boost Your Credit

Use your card wherever Mastercard is accepted

Mastercard Acceptance

If you are new to credit or trying to rebuild your credit score, a secured credit card is often a good place to start. Secured cards work just like normal credit cards, but you have to put down a refundable security deposit in order to get approved. As you use your card to make purchases and pay them off on time, your credit score should go up. When it's time to close your secured card account, you will get your security deposit back in full as long as your balance has been paid off.

For anyone in the market for a secured card, the 

 is an excellent option. This card comes with no annual fee, which is a nice perk considering you will need to put down a security deposit. With this card, your security deposit can be as low as $49, $99, or $200 and you will get an initial credit line of $200. But you will automatically be considered for a higher credit line in as little as 6 months with no additional deposit needed.

There is no rewards program associated with this credit card, but that's typical for secured cards. One additional benefit that stands out is that it comes with no foreign transaction fees, making it a viable option to use if you happen to be traveling overseas. 

 for purchases and balance transfers is relatively high, but that's normal for secured credit cards. 

You won't earn any cash back or rewards on your purchases

Give your credit score a boost with this no annual fee secured card from Capital One

There's no annual fee, which is pretty rare for credit cards for 

Unlike a prepaid card, it builds credit when used responsibly, with regular reporting to the 3 major credit bureaus

The security deposit is fully refundable when you close your account in good standing

Pay no annual fee and build your credit with responsible use

Current Offer

When it's time to build credit, turn to the 

. With responsible use, this no annual fee card will help put you on the right track to a healthy credit score.

Capital One

No annual or hidden fees. See if you're approved in seconds

Building your credit? Using the Capital One Platinum Secured card responsibly could help

Put down a refundable security deposit starting at $49 to get a $200 initial credit line

You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time

Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed

Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges

Monitor your credit score with CreditWise from Capital One. It's free for everyone

Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app

Capital One Platinum Secured Credit Card

Get the Capital One Platinum Secured Credit Card and start building your credit with responsible use! | CompareCredit.com