Capital One
Platinum Secured Credit Card
Estimated value every year on typical spending
$312/ year
Every year, after the annual fee. No welcome bonus.
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
With no annual fee, the Capital One Platinum Secured Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending.
The fine print
- Intro APR
- Not listed
- Regular APR
- 29.24% variable
- Foreign fee
- None
- Rewards paid as
- Cash back
- Approval
- Built for no / limited credit
- Redeem for
- Travel portal · Airline & hotel transfers · Statement credit · Gift cards
Rewards
- The card helps rebuild credit with responsible use and has no hidden fees
Sign-up bonus
None
Best for
- Keeping costs at $0
Not ideal for
- Maximizers chasing category bonuses
Trade-offs: Better travel value ↔ less straightforward than cash back; No annual fee ↔ lower category bonuses.
Worth knowing
- Annual fee
- $0
- Intro APR
- Not listed
- Regular APR
- 29.24% variable
- $1200/mo on everyday spending earns about $144/year (1x).
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Platinum Secured Credit Card: questions people ask
Is the Capital One Platinum Secured Credit Card worth it?
With no annual fee, the Capital One Platinum Secured Credit Card can't cost you money to hold, so the question is only whether another card would earn more. It's worth about $312 a year on typical spending.
What is the Capital One Platinum Secured Credit Card annual fee?
The Capital One Platinum Secured Credit Card has no annual fee ($0).
What does the Capital One Platinum Secured Credit Card earn?
The card helps rebuild credit with responsible use and has no hidden fees.
What credit score do you need for the Capital One Platinum Secured Credit Card?
The issuer recommends rebuilding credit. Checking your matches on CardFit never runs a credit check.
Does the Capital One Platinum Secured Credit Card charge foreign transaction fees?
No. The Capital One Platinum Secured Credit Card has no foreign transaction fee.
Compare Platinum Secured Credit Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: Capital One product page. Terms change often; confirm them with the issuer before you apply.