The Ultimate Guide to Credit Cards™
Tuesday, September 29, 2026

Capital One Platinum Secured Credit Card

Toby Sembower

By: Toby Sembower

Editor: Lillian Guevara-Castro

Reviewer: Ashley Fricker

Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.

Are you considering applying for the Capital One Platinum Secured Credit Card? Here's a rundown of the key details of the card, along with links to its official website and application.

This is a secured credit card, meaning that the cardholder must submit a security deposit in order to have a credit limit. This card offers reasonable terms for those with subpar credit.

Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.
  • 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 at least 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
  • Top rated mobile app
Intro (Purchases) N/A
Intro (Transfers) N/A
Regular APR 28.99% (Variable)
Annual Fee $0
Credit Needed Limited, Bad

Interest Rate & Annual Fee

According to the issuer, the Capital One Platinum Secured Credit Card currently charges the following APR on purchases and balance transfers:

  • Purchase Intro: N/A
  • Balance Transfer Intro: N/A
  • Regular APR: 28.99% (Variable)

The following is the current annual fee for the Capital One Platinum Secured Credit Card, as listed by the issuer:

  • Annual Fee: $0
See site for details »

Credit Needed for Approval

The current general credit requirement for the Capital One Platinum Secured Credit Card is:

  • Credit Level: Limited, Bad

Our Ratings by Category

(Ranked #1 out of 23)
★★★★★
5.0
(Ranked #106 out of 136)
★★★★★
4.0
(Ranked #8 out of 24)
★★★★★
4.5
(Ranked #3 out of 8)
★★★★★
4.7

About the Author

Toby Sembower has been a leading expert on credit cards since 2004, disseminating advice, reviews, and credit card comparisons to audiences of millions in that time.

A frequent contributor at CardRates.com, Toby's work has also appeared on Yahoo! Finance, CreditCards.com, Entrepreneur.com, BadCredit.org, and many other popular finance platforms.

In addition to lessons learned from his compelling personal story — having used credit cards responsibly to raise his own FICO score from 550 to 820 — Toby's connections and conversations with card issuers (Chase, Capital One, Bank of America, and others) enable him to give readers unique insights into the credit card marketplace.

Toby holds degrees in business administration and public relations from the University of Florida. Today, Toby is president of Digital Brands, a company that provides online advice and comparisons to millions of consumers on personal finance, tech, and lifestyle topics.