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Capital One Quicksilver Secured Cash Rewards Credit Card
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Regular Purchase APR
29.99% (Variable)
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Intro Purchase APR
N/A
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Intro BT APR
N/A
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Typical Credit Needed
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Annual Fee
$0
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Card Brand
Mastercard®
Highlights
- Click "APPLY NOW" to apply online
- No annual or hidden fees, and you can earn unlimited 1.5% cash back on every purchase, every day. See if you're approved in seconds
- Put down a refundable $200 security deposit to get a $200 initial credit line
- Building your credit? Using a card like this responsibly could help
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
- For Capital One products listed on this page, some of the benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
Card Fees
Foreign Transaction Fee
None
Balance Transfer Fee
$0 at this Transfer APR
Cash Advance Fee
3% of the amount of the cash advance, but not less than $3
Expert Reviews
From the LendingTree.com Editorial Team
Secured credit cards are often meant to do just one thing: help you build your credit. As any financial advisor (or credit card writer!) will tell you, a strong credit history and high credit score can be invaluable assets – this is why a secured credit card can be an incredibly effective tool for those with little to no credit history. The downside is that most secured cards don’t offer anything beyond their credit-building potential, which is why the new Capital One Quicksilver Secured Cash Rewards Credit Card caught our eye.
Why is this card so interesting? It all comes down to rewards. Yes, you read that right, this secured card not only comes with a rewards program, but a solid one at that: Capital One Quicksilver Secured Cash Rewards Credit Card cardholders earn 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). That’s the same rate as Capital One’s flagship Quicksilver card, with the same limitless earning potential and same lack of rotating categories. This is bar-none the best rewards offer on the market for a card of this type, which immediately rockets it to the top of the heap if you’re considering a secured card.
Beyond just having a stellar cash back program, the Capital One Quicksilver Secured Cash Rewards Credit Card also comes stock with all the standard features we’d expect from a secured card. The $200 security deposit translates into a $200 initial credit line, and that deposit will completely refunded as statement credit so long as you maintain responsible credit habits (like maintaining regular monthly payments). Beyond that, you’ll be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed.
All this adds up to a secured card that punches way above its weight in its category. And with no annual fee and fraud liability protection, you can be sure that you’re getting peace of mind in addition to top-tier rewards. If you’re on the hunt for a secured credit card, this is not one to pass up.
The Bottom Line
The Capital One Quicksilver Secured Cash Rewards Credit Card takes our top spot in the secured card category because of its top-shelf unlimited rewards program and limited fees. Don’t miss this one if you’re in the market for a secured card.
The Good
The Capital One Quicksilver Secured Cash Rewards Credit Card’s outstanding rewards program marks it out as head-and-shoulders above the competition – and that’s without considering it’s generous security deposit refund program.
The Not So Good
This card comes with all the regular downsides of a secured card, so unless you have low or no credit, a different card may be a better choice.
Editorial Note: This content is not provided by Capital One. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Capital One.
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Related Card Offers
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Rewards Rate
2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically
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APRs
10.99% Intro APR for 6 months on balance transfers then 27.74% Variable APR
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Rates and Fees
No annual fee, no late fee on your first late payment. No penalty APR*
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Typical Credit Needed
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Annual Fee
$0
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Card Brand
Discover
Highlights
- No credit score required to apply.
- No Annual Fee.
- Use your tax refund to fund your security deposit and start building your credit history. Your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
- Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
- Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases – automatically.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
- Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
- Click through to Discover’s website to see terms and conditions.
- See Rates & Fees
See additional details for Discover it® Secured Credit Card
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Reports to Credit Bureaus
Build Credit When Used Responsibly
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Minimum Deposit
$49, $99, or $200
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Regular Purchase APR
29.99% (Variable)
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Typical Credit Needed
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Annual Fee
$0
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Card Brand
Mastercard®
Highlights
- Click "APPLY NOW" to apply online
- No annual or hidden fees. See if you're approved in seconds
- Building your credit? Using the Capital One Platinum Secured card responsibly could help
- Put down a refundable security deposit starting at $49 to get a $200 initial credit line
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
- For Capital One products listed on this page, some of the benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
See additional details for Capital One Platinum Secured Credit Card
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Purchase APR
21.89% (variable)
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Build Credit
Build credit quickly. OpenSky reports to all 3 major credit bureaus.
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Credit Line
$200 - $3,000 Credit Line*
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Typical Credit Needed
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Annual Fee
$35
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Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online
- No credit check to apply and find out instantly if you are approved.
- OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
- Get considered for a credit line increase after 6 months, with no additional deposit required
- You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
- Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
- View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
- Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months
- Your refundable* deposit, as low as $200, becomes your OpenSky Visa credit limit
- Easy application, apply in less than 5 minutes right from your mobile device
- Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
- *View the cardholder agreement
See additional details for OpenSky® Secured Visa® Credit Card
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