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Capital One

Capital One Platinum Secured Review

People building or rebuilding credit who want a low, tiered refundable deposit

Updated for 2026

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Overview

The Capital One Platinum Secured is a deposit-backed card designed to help people build or rebuild credit, with a tiered refundable deposit as low as $49 for a starting line of at least $200. It has no annual fee and reports to all three credit bureaus, though it earns no rewards. Approval is never guaranteed.

Annual fee$0
Regular APR28.99% variable
Welcome bonusNone
RewardsNone — this card does not earn rewards
Recommended creditDesigned for building or rebuilding credit (limited or poor credit)
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Pros & cons

Pros
  • Low tiered refundable deposit of $49, $99, or $200 for an initial credit line of at least $200
  • No annual fee and reports to all three major credit bureaus
  • Automatically considered for a higher line with responsible use
Cons
  • High 28.99% variable APR, so carrying a balance is expensive
  • No rewards and a low starting credit line
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Advertiser disclosure: this page is supported by advertising and is for information only. Confirm current terms on the issuer's official site before applying.