Capital One · Cash back · Visa/Mastercard
Capital One Platinum Secured: what it's really worth
The Capital One Platinum Secured has a no annual fee. For a typical household spending $2,070 a month, it's worth about $0 in year one and $0 each year after.
Annual fee$0
Sign-up bonusNone
Net value · year 1$0
Net value · each year after$0
Is the annual fee worth it?
No annual fee — nothing to lose by keeping it open, which also helps your credit history.
How you earn
| Category | Rate | Value per $1 | Per year* |
|---|---|---|---|
| Dining | — | 0.0¢ | $0 |
| Groceries | — | 0.0¢ | $0 |
| Hotels | — | 0.0¢ | $0 |
| Flights | — | 0.0¢ | $0 |
| Gas | — | 0.0¢ | $0 |
| Streaming | — | 0.0¢ | $0 |
| Everything else | — | 0.0¢ | $0 |
*At typical monthly spending: dining $300, groceries $500, hotels $80, flights $100, gas $150, streaming $40, everything else $900.
Credits and perks
- Automatic credit-limit reviews
- Foreign transaction fee: none
Who it's for
- Starting or rebuilding credit with a deposit as low as $49
- Not ideal: Earning rewards — it has none
Can I get it?
- Recommended credit: Fair / building · $49, $99 or $200 refundable deposit for a $200 line (based on your credit)
- Capital One rules: Generally approves about one new Capital One card every 6 months. Bonuses may be limited if you've had the card in the last 48 months.
- Visa/Mastercard: Capital One issues this card on either Visa or Mastercard — check the logo on yours. Both are accepted almost everywhere, but Costco warehouses take only Visa.
Check the current offer at Capital One
Similar cards
Chase Freedom Unlimited$627 year 1 · $0 feeWells Fargo Active Cash$697 year 1 · $0 feeCiti Double Cash$697 year 1 · $0 feeCapital One Savor Cash Rewards$650 year 1 · $0 fee
Updated Oct 30, 2026.