Hector Molina, WalletHub Analyst
The Capital One Platinum Secured card is available to people with bad credit. That means people with credit scores below 640 have a shot at getting approved for this card.
Secured cards are easier to get than unsecured cards because they require a deposit to open the account, which Capital One will use as collateral to secure the account. The amount of your deposit will be your credit limit, in most cases. That said, though approval is likely, Capital One Platinum Secured approval is never guaranteed.
How to Gauge Your Approval Odds
You can check your credit score for free, right here on WalletHub if you’d like to know where you stand. You can also check for pre-approval through Capital One’s website. This will have no impact on your credit score as it is based on a soft inquiry on your credit report. Just remember that while pre-approval indicates good odds (90%) of getting approved, it does not guarantee it.
Capital One Platinum Secured Credit Card
Benny Joseph, WalletHub Analyst
You can get this even with bad credit.
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