1. Credit Cards
  2. Insights
  3. Capital One Platinum Secured Credit Card

Capital One Platinum Secured Credit Card

Updated:

image_6158daImage: image_6158da

639 reviews from Intuit Credit Karma members

4.1

Rating: 4.1 out of 5.

Great for a lower security deposit

Annual Fee: $0

This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

Here’s the average credit limit of members who matched their Capital One Platinum Secured Credit Card or similar cards.

% of members by credit limit range

$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 78% 9% 8% 3% 1%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 78% 9% 8% 3% 1%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 78% 9% 8% 3% 1%

The average credit limit for members who have matched with this card or similar cards is $2,457, with $300 being the most common.

Here’s the average credit score of members who matched their Capital One Platinum Secured Credit Card or similar cards.

% of members by credit score range

Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 2% 46% 22% 26% 4%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 2% 46% 22% 26% 4%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 2% 46% 22% 26% 4%

The average credit score for members who have matched with this card or similar cards is 614, with 572 being the most common. Note this is just one of the deciding factors when it comes to getting approved.


Member stats

Updated daily

49.7%

Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.

40 years

Average age of members who matched this card or similar cards.

$69,706

Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.



Member reviews

Overall rating:

4.1

Rating: 4.1 out of 5.

639 reviews from Intuit Credit Karma members

Most helpful positive review

February 26, 2023

5

Rating: 5 out of 5.

This card has helped my credit

Credit Karma Member

My credit has already went up over a 100 points in 2 months. I started a 548 and now I'm at 655 so went from bad to fair in 2 months best decision I have made.

Most helpful negative review

December 8, 2023

1

Rating: 1 out of 5.

Complete Disaster

Credit Karma Member

I would most definitely not recommend this card I'm not sure what's going on with Capital One they used to allow you to make payments with a debit card but now everything comes out ACH and a completely slows down the process I use my card and paid it off every month but for some reason they would put a 10-day hold on my payment and then claim it was because I made too big of a payment so they would need to verify the funds were in the account but it would clear in my bank account but then they would not give me available credit for 10 days I personally feel it was Capital one's way of holding on to my money and not allowing me to use the card in addition to that after a while they just closed my account said I violated their terms of use but I don't know how using the card and paying your bill every month can be violating the terms of use I would definitely not recommend this card please turn around and run away as fast as you can.

All member reviews