Jeff Lynch, Member
Yes, you need to have a checking account to get the Capital One Platinum Secured card. That's because the card's refundable security deposit will be deducted from your checking account.
Capital One Platinum Secured Credit Card
Yes, you need a checking account. No other form of payment for the deposit is accepted. This what their FAQ weg[age says " If you are approved, you will be given a customer number, which is your unique identifier that you’ll need to include when you pay a required security deposit online or over the phone. All deposits must be at least $20 and in whole dollar increments and funded through an electronic funds transfer from a bank account—cash, checks, and other money transfer methods are not accepted."
Did we answer your question?