Speaking of the Capital One Platinum Secured Credit Card is one of the credit card users now searching online. They want to know all about this card and it seems they find it difficult to know about this card. But since you are here you can know all about it right here on this page.
Now Secured cards like the Capital One Platinum Secured Credit Card are significantly easier for you to get approved for than unsecured credit cards, making them also a thoughtful alternative if you need to create or build credit from scratch or rebuild your credit after having made mistakes in the past.
Capital One Platinum Secured Credit Card
If your credit score is not that great, then you have not started building credit yet or your score falls anywhere under 600 on the FICO scale, then the Capital One Platinum Secured Credit Card could be exactly what you need to turn your situation around.
It is a very smart option, even among the best-secured credit cards because you can easily get started building credit with a security deposit as low as $49 and also still be able get a decent credit limit. Typically, the secured cards match your credit limit with your deposit, but Capital One offers or gifts you a boosted line of credit: Even with a deposit of just $49, you will still get an initial line of credit of $200.
Now the Capital One Secured Credit Card platform doesn’t earn rewards for spending, which might be disappointing to many potential cardholders. But, it is compared to other secured cards, also the Platinum Secured is incredibly affordable, requiring a minimum deposit of just $49 to secure a $200 line of credit.
For credit-builders, this benefit can even be more valuable than a rewards program, also as it should make it easier to keep your credit utilization low. Even if you do not have that much money to tie up in a security deposit, you can still get a decent credit limit and also build credit with responsible card use.
Rates and fees
The Capital One Platinum Secured Credit Card does not charge any annual fee or any foreign transaction fees. However, you will have to pay a 3 percent cash advance fee (minimum $10) if you were to choose you will use your credit card to get cash out at an ATM.
Up to a $40 late payment, the fee can also apply if you pay your credit card bill passed its due date. The card also carries an ongoing regular APR of 26.99 %.
How to Get a Capital One Credit Card
Now if you want Capital One offers 30 different card options then you should visit the website https://www.capitalone.com/credit-cards/compare/. Now each card you will see offers various features and benefits for different types of credit profiles. You can simply review and also compare the cards at the company’s card application website using your desktop, laptop, or mobile device.
If you have seen the one you want, then click it and then review its features, if you are satisfied simply enter all your details to get the card. Once you have entered all your details, then you will have to wait for some days and it will get delivered to you at your doorstep.
How to Setup a Capital One Online Account
Now if you have gotten or received your Capital One card, you will then need to activate your card. but first, to get started, you should open an account on Capital One’s enrollment page for online banking.
- Now go to the website https://verified.capitalone.com/enroll/pii.
- Then enter your last name as it appears on the card.
- Also, then your Social Security number.
- After that put your date of birth.
- When you are done just tap the blue “Find Me” button to continue.
- You will then need to provide the rest of the information required in order to enroll.
Now once you have enrolled in the online banking, you will then need to go to Capital One’s activation page. Now you just need your new card handy because you are going to use the three-digit code located on the back to activate it.
How to Login to Capital One Online Account
Now if you want to login to your account on Capital One is very easy and simple, all you have to do is here below:
- Just go to https://www.capitalone.com/.
- Now in the two empty boxes provided just enter your username and your password and then click the “Sign in” button.
There you go; you will then access your account.
How to Activate the Capital One Platinum Secured Credit Card
Now if activating your card has been a very difficult thing for you to do, then you should just read and follow all the instructions that are given below for assistance:
Now just Sign in to your account online or with the Capital One Mobile app. After that you should now the Text “GET” to 80101 to download the app.
Also, you should choose the account that is linked to your debit card.
Then you should now look for the button to activate your card near the Debit Card Tracker.
When found you then tap or click “Activate My Card” and then follow the steps shown. You might even be asked to set a PIN to complete the activation process.
What are the benefits of the Capital One Platinum Secured card?
The Capital One Secured card comes with amazing or great cardholder benefits that can protect your account and also add convenience to your credit card experience. These benefits include email and also text account alerts, 24/7 access to a list of merchant subscriptions, autopsy, and also 24/7 customer service.
What credit score do I need to apply for the Capital One Platinum Secured card?
Are you asking this? Well, you should know that there is no credit score required for the Capital One Platinum Secured Card. Also, the card is for those people that are new to credit and also those users who want to rebuild their credit.
Can you upgrade the Capital One Platinum Secured card?
Well, the answer is yes. Once you have demonstrated responsible card use over a period of time via actions like on-time payments, you must be then able to upgrade to an unsecured Capital One credit card. You should simply contact your issuer for more details on how to facilitate the upgrade.
- Avant Credit Card – Apply for Avant Credit Card Online at www.avant.com
- Nursing Assistant Jobs in USA with Visa Sponsorship How to Apply
- Joinpd – How to Join the Peardeck Presentation on Joinpd.Com
- Retail Management Jobs in USA with visa Sponsorship
- How to Change Credit Card on Amazon – Manage Amazon Payment Methods