Does the capital one platinum secured credit card require a refundable deposit?

Like all secured credit cards, the Capital One Platinum Secured Credit Card requires a refundable security deposit. With most secured cards, your credit limit will be equal to your deposit, but the Capital One Platinum Secured Credit Card allows for a lower deposit for those who qualify.

How much does a Capital One Secured credit card cost?

Capital One has two different secured credit cards: Depending on your credit history, an initial security deposit of $49, $99 or $200 can open a Platinum Secured card account with a credit line of $200. With no annual fees or hidden fees, you can focus on building your credit with responsible card use, and not on extra charges.

How long does it take to get a Capital One Secured credit card?

What you’ll learn: Secured credit cards require a one-time refundable security deposit to open an account. Once you’re approved for a Capital One secured credit card, you have 35 days to make the minimum deposit. You can submit your deposit for a Capital One secured card all at once or in increments of at least $20.