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
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that 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
Learn to apply easily for the Avant Personal Loan
Do you want to apply for the Avant Loan? It's fast, easy, and secure. Stay here to learn more about this loan.
Keep Reading3 Best student credit cards: choose yours!
Discover the 3 best student credit cards on the market, and learn what is really important when deciding which one is the best for you.
Keep ReadingDelta SkyMiles® Reserve American Express Card review
Read our Delta SkyMiles® Reserve American Express Card review if you want a top-of-the-line credit card with travel benefits!
Keep ReadingYou may also like
Application for the HSBC Cash Rewards Mastercard® card: how does it work?
We love a good cashback with no annual fees. That's the case with the HSBC Cash Rewards Mastercard® card. Take a look at how to apply.
Keep ReadingA guide to the best online banks in Canada 2022
Learn what you need to know about the best online banks in Canada and make an informed decision about your finances. Read on for more!
Keep ReadingScotiabank Preferred Package Account Review
Explore our in-depth Scotiabank Preferred Package review for insights on its unlimited transactions, savings perks, and fee waiver criteria!
Keep Reading