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Capital One Platinum Secured Credit Card review 2026

A secured card with no minimum published credit score and a deposit that can start at $49. It reports to all three bureaus, and Capital One reviews your account automatically around month six for a possible credit line increase.

MGBy the MinimalGuy teamUpdated September 17, 2026

We are not a bank or a card issuer. Every rate and fee below comes from the issuer's own terms page, with the date we checked it.

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The bottom line

This is the card to reach for when the deposit itself is the obstacle. Capital One accepts $49, $99 or $200 depending on your file, well below the $200 floor most secured cards set. There is no rewards program and no guaranteed upgrade date, but the account gets an automatic review around month six that can raise your line without a bigger deposit.Jump to:The detailed review
Go to Website On the issuer's secure site
Capital One Platinum Secured Credit Card
Regular APR28.99% variableCapital One, checked 09/17/2026
Annual Fee$0
Minimum Deposit$49, $99 or $200based on creditworthiness, sets a credit line of at least $200
Rewards RateNone
Credit CheckNone
Good to KnowNo minimum published credit score
How to ApplyOnline, through Capital One
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Pros and cons

What we like

  • Deposit can start at $49, the lowest floor in this comparison

  • No minimum credit score published to apply

  • Automatic credit line review around month six

  • Reports to Equifax, Experian and TransUnion

What to watch

  • No cash back or rewards of any kind

  • No clear guaranteed upgrade path to an unsecured card

  • 28.99% variable APR is high if you carry a balance

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The detailed review

Most secured cards ask for at least $200 upfront. Capital One's Platinum Secured drops that floor to as little as $49, with the exact amount set by what Capital One can see in your file. Whatever you deposit becomes your starting credit line.

The card does not carry the word "secured" anywhere on its face, and it behaves like any other Capital One card day to day. Around the six month mark, Capital One reviews the account automatically for a possible credit line increase, without asking for a second deposit.

There is no rewards program attached, which is the trade-off for the low deposit. If cash back while you rebuild matters more than the deposit size, the Quicksilver Secured card from the same issuer is the closer comparison.

» MORE: Want cash back instead of the lowest deposit?

» MORE: See all 6 cards side by side

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How it compares

Capital One Platinum Secured Credit Card
Go to Website
Regular APR28.99% variable checked 09/17/2026
Minimum Deposit$49 to $200
Annual Fee$0 annual fee
Good to KnowNo minimum score published
Capital One Quicksilver Secured Cash Rewards
Go to Website
Regular APR28.99% variable checked 09/17/2026
Minimum Deposit$200 to $3,000
Annual Fee$0 annual fee
Good to Know1.5% cash back, upgrade path
DCU Visa Platinum Secured
Go to Website
Regular APR15.00% variable checked 09/17/2026
Minimum DepositSet by savings pledge
Annual Fee$0 annual fee
Good to KnowDCU membership required

Rates and fees from each issuer's page, checked 09/17/2026.

Compare before you applySee all six secured and no-credit-check cards side by side, with the fine print in one place.
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Common questions

Is there a minimum credit score to apply?
Capital One does not publish one for this card. Approval and deposit amount depend on what shows up in your file.
How much deposit do I need?
$49, $99 or $200, depending on your creditworthiness. Whatever you put down becomes your starting credit line.
Does it earn rewards?
No. This card has no cash back or points program.
Can I upgrade to an unsecured card?
Capital One reviews the account automatically around month six for a possible credit line increase, but there is no guaranteed date for an unsecured upgrade.
Do I get my deposit back?
Yes, once you close the account with a zero balance.