A secured credit card also requires a refundable security deposit, which is held as collateral for the account. No interest is applied to the security deposit.
Initial Credit Line. Make the minimum required security deposit and you'll get an initial credit line of $200. Plus, deposit more money before your account opens .
See how a secured card works, from funding to credit reporting.. That money is called a security deposit, and it tells the bank you're serious about making your .
Capital OneÂ® Secured MastercardÂ®. Compare this card. Apply Now. on Capital One's secure website. You will get an initial $200 credit line after making a security deposit of $49,. It's a credit card accepted at millions of locations worldwide .
You should get your Capital One Secured Credit Card in the mail within 2-3 weeks of paying your refundable security deposit. The card will be sent to you .