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Save money and establish your
credit history with a low,
long-term rate.
Not available to residents of
QC, NT, NU, or YT
Guaranteed approval and a low,
long-term rate.
Are you new to credit?
New to Canada? Filed for
bankruptcy?
Then the
Low Rate Guaranteed Secured MasterCard
can help you establish credit
history while you enjoy the
benefits of having a credit
card, like being able to rent a
car, reserve a hotel room, or
buy things online.
And there's more. You also get a
great low, long-term rate,
saving you money on interest
payments.
Using your Capital One
MasterCard responsibly can help
you establish or re-establish
your credit history as long as
you pay your bills on time.
To qualify for Guaranteed status, you
must:
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Be at least the age of
majority in your province of
residence;
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Reside in AB, BC, MB,
NB, NL, NS, ON, PE or SK;
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Not have an existing
Capital One account, not
have applied for a Capital
One account within the last
65 business days or have a
Capital One account that is
not in good standing within
the last 12 months before
applying;
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Provide security funds,
if required, by cheque or
money order. (Please do not
send post-dated cheques or
cash.)
In addition, we have a number
of checkpoints to ensure your
identity stays safe during the
application process. If we're
unable to confirm your identity
during the application process,
you'll need to pick up your card
in person at a Canada Post
outlet and provide further
identification. If Canada Post
is unable to provide this
service in your region we'll
contact you to make further
arrangements.
MasterCard Benefits.
-
$0 fraud liability for
unauthorized use
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24/7 customer service
online or by phone
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Master RoadAssistTM
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MasterCard Global
ServiceTM
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With MasterCard
PayPassTM
With a
secured card you’re given
credit, just as you would with
any credit card, but you’re also
required to provide security
funds before you can access your
credit. These security funds
could be as low as $75. Also, we
report your payment information
to the credit bureaus each
month, giving you the ability to
build your credit history.
Apply Online at Capital
One's Website
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