CREDIT CARD DETAILS

Capital One Low Rate Secured MasterCard®
Issued by Capital One Canada

 


Capital One - Low Rate Secured MasterCard®

 
AIR (Purchase, Balance Transfer): 14.9%

AIR (Cash Advances): 19.8%

Annual Fee: $69

Security Funds: Minimum - $75

Category: Canada
 

Overview:

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:

  • Be at least the age of majority in your province of residence;

  • Reside in AB, BC, MB, NB, NL, NS, ON, PE or SK;

  • 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;

  • 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

  • 24/7 customer service online or by phone

  • Master RoadAssistTM 

  • MasterCard Global ServiceTM  

  • With MasterCard PayPassTM 

Apply Online at Capital One's Website

* Please see the credit card's application for additional and complete details regarding terms and conditions of offers. Reasonable efforts are made to ensure accurate information; however, please review the credit card terms and conditions on the credit card issuer's web site to ensure you have the most recent information on that credit card.

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