Capital One’s best second chance credit cards are the Capital One Quicksilver Secured Cash Rewards Credit Card and the Capital One Platinum Secured Credit Card. Both cards are available to people with bad credit and have a $0 annual fee.
Capital One Quicksilver Secured and Capital One Platinum Secured each require a refundable security deposit, making them easier to get than unsecured credit cards for bad credit, and both report your account activity to the three major credit bureaus every month.
Rates & FeesRewards:Capital One Quicksilver Secured Cash Rewards Credit CardCapital One Quicksilver Secured Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
(see Rates & Fees)
Rewards: 5% cash back on hotels and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases
Minimum Deposit: $200
Annual Fee: $0
Minimum Credit Required: Bad
- Rates & FeesPartially-Secured:Capital One Platinum Secured Credit CardCapital One Platinum Secured Credit CardLearn MoreLearn Moreon issuer's website
(see Rates & Fees)
Rewards: N/A
Minimum Deposit: $49, $99 or $200
Annual Fee: $0
Minimum Credit Required: Bad
You may not be approved for a Capital One second chance credit card if there’s an open bankruptcy on your credit report or if you are either past-due or over the credit limit on a Capital One card. You can sign up for a free WalletHub account to see where your credit stands. You’ll get daily updates to your credit report and score, plus personalized credit analysis with advice on what you need to work on.
This answer was first published on 05/23/23 and it was last updated on 04/16/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
