Capital One Secured Mastercard Review

Capital One Secured Mastercard
The Capital One Secured Mastercard is a secured credit card that helps you to build or reshape your credit. It demands no annual fee, balance transfer fee, recommended credit score and foreign transaction fee but, it comes with no rewards or points. If you wish to apply for this credit card just read this review carefully to fully understand what this card is all about and how to apply and login to your credit card account. Also, see: Fit MasterCard – Credit Card | Designed to Help You Build Your Low Credit
Capital One Secured Mastercard

Features

It has a current APR of 26.99%.
It has a late payment APR of up to $39.
You are to make a minimum security deposit of $49, $99 or $200.
And balance transfer APR of 26.99%. You can check other credit cards: Reward Zone MasterCard Login | Reward Zone MasterCard

Advantages

Provided you are qualified credit-wise, you might be given a $200 credit limit for a security deposit of $49.
This credit card has no annual fee.

Disadvantages of Capital One Secured Mastercard.

There are no perks.
It has a high APR.
It comes with no points or rewards.
Other fees are:
This credit card has a cash advance fee of $10 to 3% of the amount of each cash advance.
It has no returned payment fee or penalty APR.
Why You Should Consider This Credit Card.
Though the Capital One Secured Mastercard does not give points or rewards on purchases like the Discover it secured Card but, this cannot reduce its standard when it comes to building credit.
The Capital One Secured Mastercard, unlike other secured card, can give you, provided that you are eligible base on your creditworthiness, a lower security deposit of $49 or $99 with a $200 credit limit but, this not true for other secured cards. For other secured credit cards, your credit limit determines your security deposit. That to say, your credit limit is automatically equal to your security deposit. People read: Citadel Credit Card | Cash Reward MasterCard Login | Apply Now
Note.
To apply for this secured credit card or login to your credit card account, go to the homepage of this credit card. Thanks,

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