Capital One Low Rate Guaranteed Secured MasterCard

Capital One Low Rate Guaranteed Secured MasterCard

Capital One Low Rate Guaranteed Secured MasterCard
Description: 

The Capital One Low Rate Guaranteed Secured MasterCard allows you to establish or repair your credit while enjoying a low interest rate. It has guaranteed approval and provides a simple way to obtain a credit card for people who are new to the country or have recently declared bankruptcy.
The annual interest rate on this card is 14.9% for purchases and balance transfers and 19.8% for cash withdrawals. It has a minimum credit limit of $300 and requires a security deposit of as little as $75. The annual fee is $69. This card has no insurance benefits but roadside assistance and account balance coverage can be added for additional fees.

Overview

Version:
Standard
Card Type:
MasterCard
Credit required:
Bad
Issuer: 
Capital One
Minimum Income: 
$20,000
 

Annual Interest Rates

Interest Rate: 
14.9%
Cash Advance: 
14.9%
Balance Transfer: 
19.8%
Grace Period: 
25 days
Minimum Payment: 
$10 or 1% (whichever is greater)
 

Annual Fees

Annual Fee: 
$69
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Account Balance Coverage
Age to Qualify: 
Under 70
Monthly Premium: 
$0.89 (per $100 of outstanding balance)
Maximum Benefit: 
$10000
 

Rewards

Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
No
Travel Accident Insurance: 
No
Travel Medical Insurance: 
No
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
No
Baggage Insurance: 
No
Road Insurance: 
Yes*
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.