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Capital One Platinum Secured: terms, score and downsides

Not credit advice. Facts and math from issuer pages and the CFPB, each with its date. Offers change; approval depends on your credit. Verify on the issuer's site.

Rubric score 47.7% across 78 cards. Issuer page ↗

Downsides first

• APR up to 29.24% if you carry a balance
• Late fee up to $40

Terms & fees

• IssuerCapital One
• Typesecured
• Annual fee$0 capitalone.com, 2026-10-11
• Regular purchase APR29.24% variable capitalone.com, 2026-10-11
• RewardsNo rewards program capitalone.com, 2026-10-11
• Sign-up bonus (≈$)$0 No sign-up bonus; refundable deposit $49, $99 or $200 capitalone.com, 2026-10-11
• Intro APRnone No intro APR offer shown capitalone.com, 2026-10-11
• Foreign transaction feenone capitalone.com, 2026-10-11
• Penalty APRnone No penalty APR appears in the issuer's CFPB-filed agreement (only penalty fees are listed) consumerfinance.gov, 2026-06-30
• Late feeup to $40 up to; Up to $29.00 for first late fee. files.consumerfinance.gov, 2025-12-31
• Balance transfer feenot found files.consumerfinance.gov, 2025-12-31
• Cash advance fee5% files.consumerfinance.gov, 2025-12-31
• Credit neededRebuilding capitalone.com, 2026-10-11
• Grace period25 days files.consumerfinance.gov, 2025-12-31
• Cash advance APR29.74% files.consumerfinance.gov, 2025-12-31
• CFPB survey APR (2025-12-31)29.49%–29.74% files.consumerfinance.gov, 2025-12-31 older; issuer figure above is newer

Complaint record (CFPB)

• Complaints, last 12 months33,730
• Trend▲ 5.2% (last 12 mo 33,730 vs prior 12 mo 32,048)
• Timely response (last 36 mo)100.0%
• Per $1B deposits (12 mo)65.8
• Top issueIncorrect information on your report
• Insurance statusFDIC-insured: Capital One, National Association (cert 4297, active; deposits $512.6B as of 06/30/2026)

Company-level (CAPITAL ONE FINANCIAL CORPORATION), all products, as of 2026-10-12. Capital One complaints: full record → Shown for context; does not change the score.

Score breakdown

• Annual fee 10.0/10Annual fee $0 (as of 2026-10-11). Rubric: $0=10, ≤$95=8, ≤$395=5, ≤$695=3, more=1 (perks/credits are not counted).
• Rewards rate 0.0/10Base 0% on everything, top category 0% (as of 2026-10-11; points/miles valued at 1¢). Score = base/2%×7 + min(top,6)/6%×3. No rewards program
• Sign-up bonus 0.0/10Bonus ≈ $0: No sign-up bonus; refundable deposit $49, $99 or $200 (as of 2026-10-11). Score = value/$75, max 10.
• Intro 0% APR 0.0/10No intro APR offer shown (as of 2026-10-11). Score = months/21×10.
• Regular APR 3.4/1029.24%–29.24% variable (as of 2026-10-11); midpoint 29.24%. Score = (34 − midpoint)/1.4, 0–10.
• Foreign transaction fee 10.0/10No foreign transaction fee (as of 2026-10-11).
• Regulatory record (CFPB) 10.0/10Issuer Capital One: Base 10, 0 CFPB 2025-01 (dismissed)

0.143×10.0 + 0.143×0.0 + 0.143×0.0 + 0.143×0.0 + 0.143×3.4 + 0.143×10.0 + 0.143×10.0 = 4.77 → 47.7%

Is Capital One Platinum Secured worth it? (break-even math) →Value for my spending →

Compare with

Capital One Platinum Secured vs Discover it Secured · Capital One Platinum Secured vs Citi Secured Mastercard · Capital One Platinum Secured vs Capital One Quicksilver Secured · Capital One Platinum Secured vs BofA Customized Cash Rewards Secured

No paid placement. No issuer pays VaultRubric for inclusion or rank; links go to the issuer's own page. Ranks come only from the published rubric below.

FAQ

What is the Capital One Platinum Secured annual fee?

$0

What is the Capital One Platinum Secured APR?

29.24% variable

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.