Guaranteed Secured MasterCard® from Capital One Canada

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Quick Card Summary

• Guaranteed approval
• May help you strengthen, establish, or re-establish your credit history
• $0 fraud for unauthorized use

Ongoing APR	Setup Fee	Annual Fee	Credit Bureau Reporting	Credit Required
19.8%	$0	$59.00	Yes	Bad Credit OK

Creditnet's Full Review

The Guaranteed Secured MasterCard® by Capital One Canada is a good choice for Canadian residents who need to establish, re-establish, or strengthen their credit history. This guaranteed approval secured credit card is offered to people who have even had credit problems in the past. After you're approved, simply provide security funds as collateral and you'll receive a credit limit of $300 or more. Your security funds are fully refundable if you ever decide to close your account.

Because the Guaranteed Secured MasterCard® reports to credit bureaus, your monthly payment history can help to establish your credit history. Just make sure to always pay at least the minimum balance due on time each month.

Any balance transfers processed as part of your application will be charged a $0 transfer fee! Balance transfers requested afterwards are subject to a low fee of only 3% of the transfer amount.

Apply today for the Guaranteed Secured MasterCard®!

Offer details may have changed since the last update of the information on this page. Please see Fees, Terms & Conditions for updated and complete information.

Purchase Rates

Intro APR:	n/a
Intro Period:	n/a
Ongoing APR:	19.8%
Penalty APR:	See Terms*

Balance Transfer and Cash Advance Rates

Balance Transfers		Cash Advances
Intro APR✝ :	n/a	Intro APR✝ :	n/a
Intro Period:	n/a	Intro Period:	n/a
Ongoing APR:	19.8%	Ongoing APR:	19.80%
Penalty APR:	See Terms*	Penalty APR:	See Terms*
Transfer Fee:	3%	Advance Fee:	1%
Min. Transfer Fee:	n/a	Min. Advance Fee:	$5.00
Max. Transfer Fee:	n/a	Max. Advance Fee:	$10.00
✝ Must initiate transfer:	n/a

Miscellaneous

Other Rates		Credit Line		Penalty Fees
Foreign Transaction Fee:	2.50%	Min:	n/a	Late Payment:	n/a
Min. Interest Charge:	$10.00	Max:	n/a	Over the Credit Limit:	$29
				Returned Payment	$29.00