Capital One Platinum Secured Credit Card
Basic Information
Program ID: platinum-secured
Issuer: Capital One
Card Type: Credit
Network: Mastercard
Card Tier: Platinum
Data Complete: Yes
Created: 01/07/2026 11:52
Last Scraped: 01/15/2026 06:38
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | N/A |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,999.00% - 2,999.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 2,999.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $0.00
Spending Requirement: $0.00
Time Period: 0 days
Bonus Timing: This card typically does not offer a traditional sign-up bonus in the form of cash back, points, or miles. Its primary benefit is to help build credit with responsible use.
Rewards Program
Reward Type: None
Base Reward Rate: 0.00%
Bonus Reward Rate: 0.00%
Bonus Categories: N/A - This card does not offer rewards.
Point Value Estimate: 0.0000 cents/point
Expiration Policy: N/A - No rewards offered.
Transfer Partners: N/A - No rewards offered.
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
Approval Criteria
Recommended FICO Range: 300 - 660
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: The Capital One Platinum Secured card does not offer a traditional sign-up bonus (e.g., points or miles). Its primary 'bonus' is the opportunity to build or rebuild credit history, potentially leading to an unsecured card and higher credit limits over time. Application eligibility for 2026 is primarily for individuals with limited or poor credit history, or those looking to establish credit. Applicants must be at least 18 years old, a U.S. resident, possess a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and have a verifiable income source. A refundable security deposit (e.g., $49, $99, or $200 for a $200 credit line) is required, with the specific amount determined by creditworthiness. Capital One is generally sensitive to recent credit inquiries and new accounts; applicants are often advised to wait at least 6 months between Capital One applications. The 'once per lifetime bonus' restriction, as seen with cards like Venture X, does not apply to this product as it lacks a traditional sign-up bonus, but general Capital One application frequency rules still apply.
Maximum Cards Per Issuer: 5
Minimum Spend Interval: Not applicable, as there is no traditional sign-up bonus.
Shutdown Risk Triggers: Manufactured spending, rapid application for multiple credit products (especially within Capital One), high cumulative credit limit across all issuers, suspicious spending patterns, failure to make timely payments, or abuse of credit limit increase requests.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.8 / 5.0
Top Positive Feedback:
Easy approval process, helps build credit history, no annual fee, potential to graduate to an unsecured card, flexible security deposit options.
Top Negative Feedback:
No rewards program, high APR, low initial credit limit, can take time to graduate to an unsecured card, customer service issues reported.
Approval Experience Score: 88.5 / 100
Recommended Alternatives
- Discover it Secured Credit Card
- Chime Credit Builder Visa® Credit Card
Card Value Score: 82.0 / 100
Est. Annual Rewards: $0.00
User Portfolio Metrics
Avg Portfolio Size: 1 cards
Avg Portfolio Age: 12 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: High
Predicted Approval Probability: 95.0%
Terms Version Control
Version ID: 2023-10-26
Last Updated: 10/26/2023 00:00