To make a Capital One Secured card deposit payment, visit the card’s online funding page or call 1 (800) 219-7931. You must pay at least the minimum deposit amount within 35 days after you’re approved. If you don’t pay within 35 days, Capital One will cancel the account. The minimum deposit ranges from $49 to $200 and is based on your credit score and other information included on the application.
You will need to provide your bank account number and routing number in order to make a Capital One Secured card deposit payment. Capital One only accepts payments through electronic bank transfers. You are allowed to make partial deposit payments of at least $20 toward the required minimum as often as you like, up to the 35-day deadline. But you will not receive your card until you’ve paid the minimum deposit in full. Your new card should arrive in the mail within 2 to 3 weeks of receipt of the entire deposit.
If you choose, you can increase the amount of your Capital One Secured card deposit above the required minimum. Doing so will raise your credit limit by that amount. Capital One allows additional deposit payments up to the maximum deposit limit of $1,000. You must add any new funds within the 35-day window and before you activate the card. Once the card is activated, you will not be allowed to make any additional payments toward your deposit.
For online payments, you will need the customer number you received when you were approved in order to verify the account. Your zip code and the last four digits of your SSN are also required. If you do not have your customer number, you can fund your deposit by phone. Make sure you have your bank account information ready when you call.