Fees and interest
| Annual fee | $0 |
|---|---|
| Additional card | $0 |
| Purchases | 29.9% |
| Cash advances | 29.9% |
| Balance transfers | 29.9% |
In Quebec: purchases 21.9%; cash advances 21.9%.
Who can apply
| Income | None stated |
|---|---|
| Approval | Approval guaranteed if you are of the age of majority; have no frozen credit profile or legal bar to credit; have no existing or pending Capital One account; haven't applied more than once in the last 30 days or had a Capital One account not in good standing in the last year; and aren't in legal recoveries with Capital One. Security funds are required |
| Quebec | Offered |
| Card type | Secured, Mastercard |
Perks and coverage
- Purchase protection120 days from purchase
- Extended warrantyadds 2 years to the warranty
- Rental car collision and loss damagerentals up to 31 days, cars worth up to $65,000
- Common carrier accident insuranceup to $250,000
- Baggage insurancedelayed baggage, up to $300 a person
- Price protection
Coverage has conditions and limits. Read Capital One's certificate of insurance or benefit terms before relying on it.
Good to know
Your security funds
Capital One tells you how much to send once you are approved. Later, with your consent, each extra $1 you send raises your limit by $1, up to a $2,500 limit. Funds sent beyond that are held but don’t raise the limit.
The funds are not a deposit, and Capital One keeps any interest they earn. They are returned in full when you close the account and have paid off the balance.
Credit reporting
Capital One reports your payment information to the credit reporting agencies each month.
Questions
How much security funds does the Capital One Guaranteed Secured Mastercard need?
Capital One tells you the amount after you are approved.
Is approval guaranteed for the Capital One Guaranteed Secured Mastercard?
Capital One guarantees approval if you meet four conditions. They are listed under Who can apply.
What interest rates does the Capital One Guaranteed Secured Mastercard charge?
29.9% on purchases and 29.9% on cash advances.