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Last reviewed: 2026-09-24

Home › Find a company › Capital One Platinum Secured Credit Card

Holdcredit-builder product

Capital One Platinum Secured Credit Card

Review incomplete — 5 of 6 applicable points confirmed, 1 unresolved as of 24 September 2026.

Checks confirmed
5/6
Verified
24 September 2026
Next check
24 March 2027
Category
credit-builder product

A HOLD means one point is still being verified — it is not a pass, and it is not a fail.

What remains open: The card's current variable purchase APR has not yet been confirmed against Capital One's own rate disclosure since the U.S. Prime Rate moved from 6.75% to 7.00% on 17 September 2026. The disclosure practice itself (a stated variable rate) is not in question; the exact current figure is.

Key findings

  • Capital One states it periodically and automatically reviews secured accounts for upgrade eligibility to an unsecured card (commonly discussed across sources as around 6 months of on-time payments and low utilization, though Capital One does not commit in writing to a fixed date), and independently confirms the deposit is returned upon upgrade.

Full check results

What this term means: “Full check results” is the point-by-point list below — every applicable point on our standard, listed individually with its current status (confirmed, open or not applicable), not one blended score.

  • Bureau Reportingpass
  • Fee Transparencypass
  • Deposit Refundabilitypass
  • Funds Locked Structurena
  • APR Interest Disclosurehold
  • No Guaranteed Score Claimspass
  • Graduation Pathpass
Read the full explanation for each point
  • Bureau Reportingpass

    Confirmed directly on capitalone.com and cross-checked against multiple independent card-review sources: the account is reported monthly to all three bureaus (Equifax, Experian, TransUnion), not a subset. (read together with the review note below)

  • Fee Transparencypass

    $0 annual fee; a refundable security deposit of $49, $99, or $200 (set by Capital One based on the applicant's credit standing, not negotiable) opens a credit line of at least $200 — i.e. the line can exceed the deposit. (read together with the review note below)

  • Deposit Refundabilitypass

    The deposit is returned either when the account is upgraded to an unsecured card or when the account is closed with a zero balance; both paths are described in Capital One's own consumer-education pages, not only in secondary sources. (read together with the review note below)

  • Funds Locked Structurena

    This is a secured card, not a credit-builder loan; no locked-savings/installment structure applies.

  • APR Interest Disclosurehold

    A real, disclosed variable purchase APR tied to the Prime Rate is confirmed to exist and be presented as such (not in dispute).

  • No Guaranteed Score Claimspass

    No guaranteed-score-increase marketing identified anywhere in Capital One's own materials for this product. (read together with the review note below)

  • Graduation Pathpass

    Capital One states it periodically and automatically reviews secured accounts for upgrade eligibility to an unsecured card (commonly discussed across sources as around 6 months of on-time payments and low utilization, though Capital One does not commit in writing to a fixed date), and independently confirms the deposit is returned upon upgrade.

Review notes

4 October 2026: The 24 September 2026 findings for these points drew on independent card-review sources. Capital One's own product and help pages were read directly on 4 October 2026. They state that the account is reported to the three major credit bureaus (the pages say "regularly"; the "monthly" cadence in the finding above comes from the review sources), show a $0 annual fee and a refundable deposit of $49, $99 or $200, describe both deposit-refund paths, and use conditional rather than guaranteed language about credit scores. Two statements in the findings above go beyond the pages read: that the deposit amount is set by the applicant's credit standing and is not negotiable, and that no guaranteed-score marketing appears anywhere in Capital One's materials. This note qualifies how those findings should be read; it does not change any point's status.

How this was verified

Checked against our published standard — the exact sources each point is checked against are listed in our methodology, never this company's own marketing.

Corrections & disputes

Think something here is wrong or out of date? Report it — we commit to reviewing every dispute within 5 business days. Any past correction to this Register is logged publicly in the Corrections section.

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