Platinum Secured

The Capital One Platinum Secured Credit Card is a no-annual-fee secured card designed for individuals with limited or poor credit who want to build or rebuild their credit profile safely while gaining access to a traditional credit card experience. Cardholders earn no rewards multipliers or welcome bonuses, but the card offers valuable features like automatic credit limit evaluations every six months, a refundable security deposit with the potential to upgrade to an unsecured Capital One Platinum card, and 50% off handcrafted beverages at Capital One Café. With no foreign transaction fees, it’s also suitable for occasional international use. Overall, the Platinum Secured card is ideal for consumers focused on improving their credit, establishing a strong financial foundation, and gradually unlocking higher credit limits without paying an annual fee.

Issuer

Capital One, established in 1994 as a spin-off from Signet Financial Corp, has grown into one of the largest banks in the US with international presence in the UK and Canada. Leveraging data-driven strategies, it offers a diverse range of financial products, including credit cards, checking, savings, and business services. While serving over 100 million customers, Capital One is recognized as a subprime lender, occasionally denying credit to those with higher credit scores. With $662 billion in total assets and $69 billion in annual revenue in 2025, it maintains financial stability. The company emphasizes technology, employing real-time data, AI, and machine learning, and is committed to environmental sustainability, aiming to reduce GHG emissions and support renewable energy. Despite a decreasing physical branch presence, Capital One continues its mission to revolutionize banking by bringing ingenuity, simplicity, and humanity to the industry, reflecting a dedication to financial inclusion and adherence to regulatory standards as an FDIC-insured institution.

Spending Multipliers

Credits & Features