Reviews
Capital One Guaranteed Mastercard® Credit Card Review
Unveil the full potential of the Capital One Guaranteed Mastercard® in our comprehensive review. From credit-building features to security benefits, learn how it can be a key player in managing your finances.
Advertisement
Build a strong credit foundation while earning valuable benefits from Capital One!
If you’re currently struggling with your credit rating and looking for a reliable way to rebuild it, the Capital One Guaranteed Mastercard® Credit Card is a solid alternative.
Not only does this credit card gives you a second chance at credit, but it also offers an array of benefits to help you along the way. Check our full review to learn more about them!
Apply for the Capital One Guaranteed Mastercard®
Learn how to apply for a Capital One Guaranteed Mastercard® Card with our easy guide and start your journey towards a solid credit score!
- Credit Score: All credit scores are welcome to apply.
- Annual Fee: $59.
- Regular APR: 21.9%.
- Welcome bonus: N/A.
- Rewards: N/A.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Advertisement
Capital One Guaranteed Mastercard® credit card: how does it work?
Capital One is one of the biggest banking companies in the world. In Canada, it provides excellent credit cards for everyday use and also travel credit cards.
Guaranteed Mastercard® is the starter card for clients who are building a credit history. And with Capital One’s Quick Check® program, it’s easy to see whether or not you’ll get approved.
The card has three different versions, and you’ll get the one that suits your profile. The eligibility requirements are quite simple:
- The first requirement is that you must be at least the legal age of your province.
- Secondly, you don’t have any pre-existing Capital One account.
- Also, there can’t be any pending application made by you to get any other Capital One credit card.
- If you tried to apply, it can’t have been in the last 30 days.
- Finally, you can’t apply for the Guarantee Mastercard® if you‘ve been negligent with a Capital One account for the last year.
As you can see, there is nothing about your credit score there. But depending on your financial history, you will get the best offer for you for an unsecured or secured card.
Capital One Guaranteed Mastercard® Credit Card: should you get one?
We’ll present some pros and cons of the Capital One Guaranteed Mastercard® Credit Card to see if this is what you’re looking for:
Advertisement
Pros
- Everyone can apply, regardless of their credit score.
- Build up your score with monthly credit bureau reporting.
- Accepted everywhere Mastercard® is accepted.
- Enjoy peace of mind of having zero fraud liability.
- Get extended warranty and price protection coverage.
- Travel assistance and insurance coverage.
Cons
- You’ll have to pay a $59 annual fee.
- The APR is slightly higher than other Capital One credit cards.
- No rewards program.
Advertisement
Credit scores required
Capital One checks beyond your credit score when it comes to approval. Therefore, you can apply regardless of your credit standing as long as you meet their other requirements.
Capital One Guaranteed Mastercard® Credit Card application: how to do it?
Wondering how to easily apply for the Capital One Guaranteed Mastercard®? Check the following link for our easy application guide and start rebuilding your credit score today!
Apply for the Capital One Guaranteed Mastercard®
Learn how to apply for a Capital One Guaranteed Mastercard® Card with our easy guide and start your journey towards a solid credit score!
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Trending Topics
What is creditworthiness?
A definition and explanation of creditworthiness! Keep reading and learn how it can influence your finances! Start a wealthy life today!
Keep Reading750 credit score: what does it mean?
Your credit score is essentially your financial identity. Discover the advantages of a 750 credit score and how to achieve it!
Keep ReadingWells Fargo Autograph℠ Card review
Read our Wells Fargo Autograph™ Credit Card review, and learn how to enjoy multiple benefits. No annual fee, cash back rewards!
Keep ReadingYou may also like
Reflex® Platinum Mastercard® credit card review: is it worth it?
The Reflex® Platinum Mastercard® credit card is a solid choice for anyone looking to rebuild their credit scores. Learn more in our review!
Keep ReadingHow to earn extra money online: your guide to getting started
Learn how to earn money online with our step-by-step guide. We'll show you the best ways to make extra money home today!
Keep ReadingU.S. Bank Smartly™ Checking application: how does it work?
Looking to apply for U.S. Bank Smartly™ Checking? Let us guide you through the process and make banking easier than ever before.
Keep Reading