Capital One® Secured Mastercard®

This card is a good card to pick to help to build (or improve) your credit score. The rates and fees are heavily dependent on your score, whether considering your monthly or annual fee. Capital One’s customer service can be excellent at times, but there are also some times when I had a hard time both speaking with a representative, or properly communicating what my problems were and getting them sorted out. Being a Mastercard credit card, it’s accepted in practically any store or website, and I can’t recall being unable to use it as of yet. The security deposit required by the credit card is also relatively low compared to other available options.

Back when I was first starting my credit, obviously it was non existent. I needed a way to help me build up my credit, and a secured credit card seemed to be the best and most cost effective option available. I looked around for many different secured cards, but finally decided on the capital one secured mastercard. The APR is reasonable for a secured card. Also the fact you can choose just how much to deposit is great. The online payment interface is just what you would expect as well. My credit rose fast using this card regularly and making payments on time. They even offered to increase my credit limit without me making another deposit. I would highly recommend this card to individuals who are looking to establish or build up their credit. Just use the card regularly, make payments on time, and try not to max it out all the time either. Follow those steps and your credit will rise in no time.

Capital One was a terrible experience for me. I never used it much, just a few times and I paid what I owed right away. Soon I got a bill from Capital One claiming I owed a large amount of money, my credit card information was not stolen, they were just mistaken on my bill. Finally after a long process, they cleared my bill of the amount that I had never really owed, but they would not remove the interest. The interest had accumulated to a high amount because it took them so long to clear their false charges from my account, and even though the charges were not anything I had spent, they would not remove the interest on those charges from my account. I still owe them the interest, but I refuse to pay because I never owed the money that the interest is on in the first place.

I had this card for a couple years. I got it because I banked with Capitol One and thought I could use another credit card. I was not impressed. The interest is sky-high (22.9%!), while my Citibank card is maybe 17% or 18%. I started off with a 900$ credit limit and was denied every time I requested an increase. In fact, they eventually lowered my limit by a couple hundred. The annual fee of $29 is what ultimately caused me to cancel. I hardly used the card at all due to the high interest rate, and when I saw that Citibank had no annual fee, I canceled Capital One. They begged me to stay, but I declined. Maybe once their interest rates go down and they get rid of annual fees I'll return, but until then I will stay with Citi.

After having to file for bankruptcy, due to unforeseen circumstances, this is the first credit card I received. I went with the secured credit card so I wouldn't have to worry about my credit being checked (which a lot of people don't realize, just the act of a creditor checking your credit lowers your FICO score.) I was very impressed with what a fine job this card did of quickly raising my credit score (not drastically, but realistically.) I think it carries a little more wait than other companies cards just because it's Capital One. Cards like these are a Godsend for people who have gotten their credit scores ruined, often through something that could not be avoided. I think within a 6 months this had raised my score enough that I was able to get an unsecured credit card with a decent interest rate. I'm not sure how or if you go about getting your initial deposit back because I still have my card, that's how much I like it. In summation, if you have good enough credit, obviously look elsewhere, but if you're just starting out, or rebuilding your credit this Capital One card is just what you want.

We had an issue with low credit scores. We searched around for a while and found this secure credit card. It was easy to apply and easy to set up. We really liked that this was a sure way to improve our credit. It does take some time for the credit agencies to get the information that you are paying on time, but eventually it really does work and you will slowly see your credit score start to improve. The Capital One Secured Mastercard is a good deal and customer service is always friendly and up front. I would recommend this card as one of the best ways to rebuild credit if your credit has been damaged in the past.

As a college student, I have limited options regarding financing - what with student loans and limited hours available to work. Initially I was reluctant to apply for a card, as keeping track of my credit is new to me, however I have had nothing but good times since I got this card! It works wherever I try to use it with no hiccups at all. Also I haven't had any difficulties managing my payments, etc. Overall I would recommend this card to other people like myself who are looking for an easy credit card to handle. Also good to have in emergencies - just in case you need to get out of a sticky situation, which is always nice.

This card is perfect for people who want to build up, or rebuild their poor credit score. While it does not have the best benefits or point rewards, it is a simple card that is stable, balanced, and good for people who are not quite fiscally responsible yet, but quickly on the road to fiscal responsibility. The limit is not that high, to be honest. They give a membership to a service where one can look at their credit score, and learn what happens “behind the scenes”. Personally, I recommend that, if your credit is bad, you use this card to get better credit and quickly apply for a better card, with rewards and whatnot as soon as they can.

I've been using the Capital One Secured Card for about a year now with no problems. Before I was the type of person that only used cash, due to the fear of all the fees that are associated with credit cards, but for this one the $29 annual fee isn't too bad considering all the benefits they give. It''s much easier to pay with than having a load of cash in your purse, just pull the card out and you're done. The main reason for choosing this card was because I didn't have any credit, so needed to build my credit score. They allowed me to make my security deposit little by little instead of putting one big sum. I was pretty new to credit cards, so had to call customer service a few times asking about how it worked and each time they were pleasant. I would recommend this card to anyone that has low credit or needs to build their credit.

I've had this card for about six months now and it has been great. I have had bad credit because of student loans and am in the process of rebuilding. After having this card for only three months I saw my credit score go up almost 80 points! Capital One customer service has also been very helpful with any questions I've had about my card. It does have a high interest rate but it's meant to be paid off every month. If you have bad credit and understand the steps you need to take to rebuild it this card is a great way to get started.

I had no credit history and a really low checking account balance so my credit history wasn’t that extensive. I didn’t have parents to co-sign for anything so I decided to start with Capital One’s Secured MasterCard. I had to put down a deposit and the rates were a little high, but that was expected given my current dilemma. My credit limit wasn’t that high but I didn’t need it to be. I only got this card to fix my credit. I made all of my payments on time and never had any issues. My credit score increased significantly over time. Eventually, I was eligible for unsecured credit and the service representatives helped me find a card suitable for me.

This card has been a solid fail-safe option for me so far in my experience. I'm very light on my credit spending, but there are times that simply require the use of a credit card without having to worry about immediate ramifications. Recently I took a trip to New York, a city that I'm not used to. I found myself stuck without a hotel. I had never used my Mastercard up to this point in my life out of the fear of sneaky on-piling debt that my parents and friends have seen in the past. Credit Card companies are made out to be dangerous and deceiving today and I think that some of them are, however my experience with my Capitol One Secure Card has shown otherwise as it has saved me from potentially dangerous situations and so far, the debt that I've put on has been easily payable and I'm still above water, despite my advanced fear of drowning in credit card debt.

I only recently got my Capital One MasterCard, but I am already pleased with this card. They gave me a great credit limit, a decent APR below that of my long-time bank, and I was able to start using it just a few days later. The introductory APR of 0% is going to come in quite handy to pay off my other card using a balance transfer. The signup process was simple and fast, and their online banking seems to have all you would need. Because of it's low APR, this will probably be the card I hang on to as I close out my other accounts and rebuild my credit.

I applied for this credit card about a year ago when my credit was not looking too good. They gave me a $200 credit limit with a $100 deposit and I have seen an increase with my credit score. The interest rate is way too high and they charge too much to withdraw money from the ATM's but I didn't have a lot of choices at that time. I do like their website and you can make your payments from your bank account, online. Whenever I have had to call for any reason, they are very polite on the phone and very helpful. All and all, I have enjoyed the credit card because it has helped me rebuild my credit.

I got my Capitol One secured card about 9 months ago, I've been really happy with it. I needed a secured card to help fix my credit score, but I'd been burned before getting one with a lesser known company. I like that Capitol One was legit, I also REALLY liked that they report your card to the big 3 credit agencies the same as a regular unsecured card so you get the full credit score bump available. I've been using my card regularly and paying it off within 30 days, and I just called and they let me convert it to a regular unsecured card! I've also seen the bump I was hoping for in my credit and it's helped me alerady, just got approved for a new apartment that had a minimum allowed credit score that I wouldn't have reached before I got this card. I definitely recommend it.

I use this card as my main credit card. I recommend it, application was easy, customer support is awesome. Capital one's website is easy to use and have never had any problems. You have to remember that a credit card is a revolving loan though, you can't be irresponsible when using them. In many instances using a credit card such as this one is better than a card tied directly to your bank account. Credit cards have many advantages, and it's much easier to deal with reversing charges on a stolen credit card than a debit, as you don't lose any cash on hand.

As a young college student, I don't have many options in my area for the type of credit card I can obtain. The card lets me build credit without having to worry a lot about not being able to pay it back because they allowed me to keep a low limit which was easy to manage. I didn't care much for MasterCard after having a Visa for so long, but the change wasn't noticeable and I was able to use the card in most places to help me grow my credit and apply for a more favorable credit card.

Also, if you feel you are capable and if you continue to make your payments on time for six months, they extend you a higher line of credit. You can choose to keep this or reject it. If you can afford it and keep it, it will continue to build your credit, but like I said previously don't abuse it.

This card is a great way for people with poor credit to rebuild their credit. This is a secured card, but they did not require me to make a deposit which for me was awesome. This card does a great job at helping to rebuild credit as long as you don't abuse it. Don't overextend yourself and you will remain pleased with this card.

I have had a decent experience with Capital One. I was building my credit and actually had no other credit cards or loans, so I was doubtful they would even give me a card but lo and behold they did. It had a $300 credit limit so I could start to build up my credit, after 6 months they raised that up to $500 automatically which I felt was a very consumer friendly thing to do. The only downside to Capital One is for one, when you call their customer service you get someone with a very thick accent and they are nice enough, but they don't seem to grasp the English language as their first language. This is somewhat frustrating as it is difficult for them to understand what you are trying to say, they can help with basic things such as balance, make a payment, resend a statement, but specific problems they have a hard time grasping. Also to note is their interest rate is pretty high if you have bad credit or no credit. Very high APR so be careful about keeping a high revolving/cash advance balance as they make a killing off the monthly interest.

I've had many credit in many companies, but to be honest this one has served me the greatest, most other companies "credit cards" usually take one or two days to transfer money or whatever this one helps me get it in 5 - 6 minutes, even when I left for work in another country it still worked, I recommend it not like on of those company advertisements, I'm a normal person just advising because I just like to make the world a better place, and this is one step their... and by that I mean that you can help yourself first then the rest, and who ever disagrees with me, can go ahead and try other credit cards, and see if it doesn't close in 4 months or so.

When my credit rating was shot, I was in desperate need for something to help repair it. I had tried other credit cards by other companies but that only seemed to compound the problem. Then I came across this beauty. This card is the best thing I have in my wallet. I've really never been that great with money so the fact that this card has checks and balances to make sure that I'm not spending too much is perfect. The rewards are pretty great also. The flexibility and functionality are primarily what drew me to this card but I stayed for all of the awesome benefits that are also offered. I highly recommend this to anyone who is looking to get back on their feet financially or who just needs a solidly dependable credit card.

The Capital One Secured Mastercard is a decent card. I was given a meager credit line when I first received my card. I simply waited a few months, made a couple purchases and requested a limit increase, which they granted. My interest rate is very high, but I have brought it down by paying my bills on time; however, it is still much too high for my liking. I only had one issue with my customer service reps, and it occurred when I was mistakenly given a late fee for a bill that I paid on time. I called about it and they took it off my account with no hassle. They were very kind and worked with me quickly to resolve the issue.

If you need to rebuild or improve your credit, this is a great card. It does have a monthly fee (which is low) and a high interest rate (makes sense considering their high approval rate) but if you pay off your balance each month the interest rate won’t be an issue. I got this card to help my credit, I put a few things on each month and pay my bill in full at the end of the month. Capital one has a good online banking setup and good customer support. If you’ve had issues with credit in the past, this is definitely a card to consider to help you rebuild your score.

I got the Capital One Secured Mastercard a few months ago, and since that time it has been not only reliable but also a wise decision on my part. I decided to go through Capital One because aside from being a well known credit card company, it also had the lowest initial deposit I have personally experienced. I received the card within a few weeks, but at the time it hadn't come with a welcome packet. So I called the 800 number and spoke to a very helpful and genuinely concerned representative who went ahead and resent the kit with no hassle at all. I have had nothing but good experiences with this card, and since having it my credit score has gone up a bit. Capital One has so far done an outstanding job accurately reporting payments and increases in credit. I am more than looking forward to my continued use of this card.

Nothing but kudos from me for the Capital One secured card. I started with a Capital One prepaid card and was very pleased when a representative from Capital One called and suggested I move into their secured Mastercard program. Did it mean more money for Capital One? Absolutely, but the benefits to me far outweighed the slightly higher fees and requirements. Maybe I got lucky, but the representative worked with me for many months as I slowly built up a good reputation and they increased my credit line more and more with no further security deposit required. After 11 months of responsible use, while my credit started getting better and better, I was upgraded to a full credit account with Capital One. I did not have the issues others have reported regarding my security deposit because I had it transferred to my new account and it was used a credit on that account. I do know that it definitely helps to get to know the name and extension of a representative and work with them exclusively, or for as long as possible. And don't be afraid to be perfectly honest with whomever you speak with. If your goal is credit repair, they can give you some great tips. Pre-paid cards have their place for many and are great starter cards to learn financial responsibility, but they do little to nothing to help repair poor credit unless they report to the credit reporting agencies. Capital One reports to the big three and provided the biggest boost to my credit rating in the shortest amount of time.

the card is pretty good. I started with a low limit but after a few months of careful and responsible use the upped the limit and then again about a year later. The online system the have in place is great and reliable. It updates quickly so you don't have to worry about whether or not the site has been updated with your recent purchases or not. My credit score has gone up since I got this card and overall I have had a very pleasant experience. I recommend this card to anyone who has a low credit score and seeking to increase their score.

I have to say that this card helped me rebuild my credit history. I was in the tank about 5 years ago as far as credit is concerned and within a year, I had rebuilt my credit rating with this card. It truly is a miracle worker. I do regret one thing...not keeping it the way it was. I rebuilt my credit, and then bought a house. After all of that, I really wanted to purchase a few things for my new home, so I changed this card with Capital one to an unsecured one (yes, one that charges interest!). Still, I didn't go hog wild. I just kept it to a minimum and tried to pay it off every month. This really is a good card to have.

This was one of the worst companies that I have ever had the displeasure of dealing with. The card was in my husband’s name and even though he put my name on the account, we always had problems when I would call. Every time I would call customer service, I would be on hold for god knows how long and then everyone would be so rude and condescending even when I had just a simple question. They were not helpful when I had suspicious charges on my card. Someone had bought a television and I knew something about it. It turns out my husband’s card had been stolen and he didn’t know. They insisted that he bought it and was hiding it from me. It was ridiculous. Closing this account was the best thing I've ever done.

The capital one card is a very good card, they are one of the few cards that will allow those with bad credit to acquire a credit card. This card has been extremely essential in bringing up our credit scores and getting some positive credit reporting. The credit card is convenient and accepted at every location in which I made a purchase. My only complaint is that you must pay your account a few days ahead of time; because if you pay the day of or the day before you stand a chance of the payment being late. Other than this one incident I truly do enjoy this credit card.

I have had this card for about six months, and I tell you I am happy that I got it. My credit score has already gone up and because of six months of good credit with this card I was able to open up a credit card with my bank that I was previously denied because I did not have any credit of this type. This card is for those who need a second chance and understand how to be responsible and open up a card and not spend more than you know you will be able to pay back. I am happy about second chance cards like this. The first time around when I got a card back in my teens I messed up my credit. Many years later I am able to rebuild my credit. Thank you Capitol One for giving me a second chance.

This card has been a solid fail-safe option for me so far in my experience. I'm very light on my credit spending, but there are times that simply require the use of a credit card without having to worry about immediate ramifications. Recently I took a trip to New York, a city that I'm not used to. I found myself stuck without a hotel. I had never used my Mastercard up to this point in my life out of the fear of sneaky on-piling debt that my parents and friends have seen in the past. Credit Card companies are made out to be dangerous and deceiving today and I think that some of them are, however my experience with my Capitol One Secure Card has shown otherwise as it has saved me from potentially dangerous situations and so far, the debt that I've put on has been easily payable and I'm still above water, despite my advanced fear of drowning in credit card debt.

I have this credit card, after having issues with my personal credit in the past. This is a great way to improve your credit while remaining responsible. All you have to do after applying for the card, is to send them a security deposit (from $49 to $200, based on your credit) and then you get the card. My deposit was $49, so my credit wasn't as terrible as I thought it was. It came in the mail soon afterwards and I am very happy with the card, it makes me feel as though I am finally a part of the world again! It's a little disappointing that the only way to increase your credit limit is to send more money as a deposit, but I don't blame them for this because the majority of people who will apply for this card will be people who have poor credit and who have been less than responsible in the past.

I am very happy with this credit card and would recommend it to anyone who needs to bring up their credit score. I started out with a small deposit of $300 and used the card like a credit card for just a few months and my credit began to noticeably improve. The Capital One Secured Card also came with a membership to Credit Inform where I have been able to watch my credit score go up and understand exactly what factors were involved in either improving my score or causing it to drop. I was approved for an unsecured card with a limit of $500 less than six months after I opened the secured card. I feel like I have a better grip on what is involved in determining credit and since I made that first deposit and started using Capital One cards my credit score has gone up over 100 points. That is the honest truth. With the help of this company and their credit reporting I now get offers for other credit cards all the time.

Don't get this card! I closed mine 4 months ago and I'm still waiting for my security depossit back! Every time I call them I get a different kind of lie from the customer service! I'm pretty sure I'm going to report them soon!

I have really enjoyed this credit card. This card has made it very easy to build up my credit score and improve my credit history. I obtained my Capital One Platinum Credit Card about a year ago. It has been easy to use and I really like their website. It is easy to navigate. It gives you the abilty to track your spending and see your transactions. You can set up payments and see statements among many other features. I have never had a problem while using this card. I like that it has a low limit that is great for emergencies but not large enough to get in over your head. I would recommend this card to anyone who was looking for a good, stable card to carry. I will definately use this card and this company for many years to come.

I put down $500 to get this secured credit card. The interest rate was kind of high but that was to be expected considering my credit was bad. In the last couple months that I have had the card my credit score has improved significantly. It is also nice being able to rent cars again without having to buy the expensive insurance that is required with a debit card. If I make all my payments on time I will even get back my $500 and the card will become unsecured.I have only had to call capital one one time but when I did I received very good customer service.I would recommend this card to anyone who would like to rebuild their credit history.

I am a college student, so I had a very small credit score only because my father had me co-sign the car payments to help build up my credit score. I was highly recommended to use this card mainly because it will help build credit. I must say that I am truly pleased that I have this card. My credit score has improved greatly and I love how there was no application fee, like some of their main competitors have for secured credit cards. I also love that Capital One is FDIC ensured, so I know that even we are in a recession, I can get my money back is the economy crashes. I highly recommend this card to all of my friends in college.

I have been happily using my Capital One MasterCard since 2003. They are one of the only credit card companies that have not increased my interest rate since the downfall of the economy. I appreciate that they respect that I have never been late on a payment. Nothing upsets me more than my interest rate going up for no reason. I have recently closed out other cards such as Citi Card and Chase due to them raising my rates to 29.99%. I plan to stick with the Capital One and my 11% interest rate as long as they stay with the current rate. They send me checks to use for balance transfers or for little upgrades that I can do around house. I am glad to have Capital one, who cares about my needs and treats me right.

I have had this card for nearly two years. I must say that Capital One has done a good job of helping me to keep current on my bill. I have recommended this card to many different people who are seeking new lines of credit. In my case, I was started off with a fairly low credit limit, which was then increased based on my usage. I appreciate a company that allows its services to grow along with the needs of its clients. This is a key factor in my decision to stay with Capital One, and to trust them with my credit needs.