What is the credit limit of the Capital One Platinum Secured card?

The initial credit limit is set at $200, though you can increase your credit limit by submitting a larger security deposit, up to a maximum of $1,000.

What credit score do you need to be approved for the Capital One Platinum Secured card?

The Capital One Platinum Secured card is tailored to those looking to build or rebuild their credit, so you don’t need an exceptionally high credit score in order to be approved for the card. That said, depending on how low your credit score is, you might have to submit a larger security deposit in order to be approved.

What is the Capital One Platinum Secured card security deposit?

The security deposit of the Capital One Platinum Secured card is $49, $99, or $200, depending on your credit risk profile. However, no matter how large of a security deposit you are required to put down, this amount is fully refundable.

What is a secured credit card?

A secured credit card is tailored toward people trying to build or rebuild their credit. It requires you to put down a security deposit when you are approved for the card. These cards also usually have relatively low credit limits. The security deposit is held as collateral while the account remains open. If you use your card responsibly and make your payments on time, you can upgrade your card to an unsecured credit card, and your security deposit will be refunded to you.

Is a secured credit card the same as a prepaid card?

Secured credit cards report to all 3 credit bureaus and thus help you build your credit score. Most prepaid cards function like debit cards and do not help you build your credit score.

Capital One Platinum Secured Credit Card — Full Review [2025]

Updated: July 14, 2025, 12:09pm CDT

Edited by:

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Capital One Platinum Secured Credit Card

U.P. Rating

Welcome Offer
None
Annual Fee
$0
APR
Purchases: 29.74% Variable
Credit Recommended
Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Bad (300-579)

Capital One Platinum Secured Credit Card

The Capital One Platinum Secured card helps you build or rebuild your credit score with tis credit builder perks.

U.P. Rating

Summary

The Capital One Platinum Secured Credit Card gives you the tools to control and build your credit with responsible use.

Card Details

Card Snapshot

Welcome Bonus & Info

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

Card Categories

Pros & Cons

Pros

Automatic credit line reviews
Raise your credit limit with a larger deposit
No foreign transaction fees

Cons

Does not earn rewards
Requires a security deposit

Great Card If

You are looking to build or repair your credit score.

Don’t Get If

You already have a good credit score and are eligible for cards that earn rewards.

Capital One Platinum Secured Card — Is It Worth It?

The Capital One Platinum Secured Credit CardInformation collected independently. Not reviewed by Capital One. could be worthwhile for those looking to build or rebuild their credit. It offers a solid list of credit-builder tools, including refundable security deposits, automatic credit line reviews, upgrades to an unsecured card, credit monitoring, and more.

Capital One Platinum Secured Card Top Benefits

Here is a look at some of the best benefits and perks of the Capital One Platinum Secured card:

Increase your credit line by depositing more than the minimum amount, up to a $1,000 credit limit
Automatic credit line reviews in as little as 6 months
50% off handcrafted beverages at Capital One Cafes
No foreign transaction fees

Alternative Cards to the Capital One Platinum Secured Card

Capital One Quicksilver Secured Cash Rewards Credit Card

For those who are in need of a secured credit card but still want to earn rewards for their purchases, the Capital One Quicksilver SecuredInformation collected independently. Not reviewed by Capital One. card is a great option. Though it does require a refundable $200 minimum deposit, you earn an uncapped 1.5% cash-back on all purchases made with the card.

Chime Credit Builder Secured Visa^® Credit Card

The Chime Credit Builder Secured card is another compelling option, given that it does not charge an annual fee, requires no credit check to apply, and does not require a minimum security deposit.