Capital One Guaranteed Mastercard Review

This card is designed to empower individuals looking to build or rebuild their credit history.

Whether you’re new to credit or working towards improving your credit score, the Capital One Guaranteed Mastercard offers accessible approval, making it a fantastic choice for those with limited credit history or past credit challenges. With responsible use, you can demonstrate your creditworthiness over time and open doors to better financial opportunities.

CREDIT CARD

Capital One Guaranteed Mastercard

Establish or repair your credit Price Protection Service

Improve your credit:

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What sets the Capital One Guaranteed Mastercard apart is its potential for a credit limit increase with consistent on-time payments and responsible credit management. As you build positive credit habits, you’ll have the opportunity to qualify for a higher credit limit, giving you more purchasing Unlock the possibilities and start building a brighter credit future today!

Guaranteed approval for rebuilding credit

The Capital One Guaranteed Mastercard offers guaranteed approval for individuals looking to rebuild their credit. This means that if you meet the basic eligibility criteria, such as being of legal age and not having an existing Capital One account or pending application, you are likely to be approved for this card.

This feature makes the Capital One Guaranteed Mastercard an excellent choice for those with limited or poor credit history who are seeking to improve their credit score. By responsibly using this card and making on-time payments, you can demonstrate creditworthiness over time and work towards achieving better financial health.

If you’re looking for a credit card that provides a pathway to rebuilding credit with guaranteed approval, the Capital One Guaranteed Mastercard is a valuable option to consider.

Capital One Guaranteed Mastercard benefits

Price Protection

Price protection allows cardholders to receive a refund of the price difference if they purchase an item and then find it advertised at a lower price within a specified time frame. This service provides peace of mind and ensures that cardholders get the best deal on their purchases, making it a beneficial perk for savvy shoppers looking to save money.

Purchase Insurance

It offers coverage for eligible items purchased with the card against theft or accidental damage for a specified period after the purchase date. This insurance can provide reassurance and financial protection in case valuable items are lost, stolen, or damaged shortly after purchase, offering peace of mind to cardholders.

Zero Liability Protection

With zero liability protection, if your Capital One card is used for unauthorized purchases, you are not held responsible for those charges. Whether you shop in-store, online, or internationally, knowing that you have zero liability protection can give you confidence in using your card securely and responsibly.

24/7 customer service

Capital One offers 24/7 customer service support for all Capital One credit card holders, including those with the Capital One Guaranteed Mastercard. This round-the-clock service allows cardholders to receive assistance at any time of day or night, whether they have questions about their account, need help with a transaction, or want to report a lost or stolen card.

Extended warranty

This means your purchases will be covered beyond the manufacturer’s warranty, giving you extra peace of mind against mechanical breakdowns or defects. With extended warranty protection, you can shop confidently, knowing that your purchases are backed by additional coverage, making your Capital One card even more valuable.

Travel benefits

Travel benefits for unsecured cardholders include valuable perks like common carrier travel accident insurance, travel assistance services for emergencies, delayed baggage coverage, and rental vehicle insurance. These benefits provide added protection and convenience while traveling, making your Capital One card a valuable companion on your trips.

Mastercard Global Service

Mastercard Global Service is a 24/7 assistance program available to Mastercard cardholders, including Capital One Mastercard users. It offers emergency card replacement, cash advance services, and assistance with reporting lost or stolen cards worldwide. This service provides essential support for travelers and enhances the convenience and security of using a Capital One Mastercard internationally.

Who can apply?

To qualify for the Capital One Guaranteed Mastercard, applicants must meet specific criteria. They must be of legal majority age in their province or territory, not have an existing Capital One account or pending application, and not have applied for a Capital One product within the last 30 days.

Additionally, applicants for the secured version of the card must be able to provide the required security funds. These criteria ensure eligibility and adherence to Capital One’s application guidelines for the Guaranteed Mastercard.

How to Apply for the Capital One Guaranteed Mastercard

Applying for a Capital One Guaranteed Mastercard is easier than you think:

1. Go to the Capital One website and look for Capital One Guaranteed Mastercard
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

FQAs

What is the Interest Rate?

The Capital One Guaranteed Mastercard offers a standard interest rate of 19.80% applicable to purchases, balance transfers, and cash advances. This rate is consistent across various transactions, providing clarity and simplicity for cardholders.

Is There an Annual Fee?

Yes, there is an annual fee of $59 for the Capital One Guaranteed Mastercard. This fee is relatively modest compared to other credit-building cards and is an important factor to consider in the overall cost of maintaining the card.

Can I Add Authorized Users?

Cardholders of the Capital One Guaranteed Mastercard have the option to add authorized users to their account. These users will have their own card and card number but will share the primary cardholder’s line of credit and benefits.

Are There Any Rewards?

The primary focus of the Capital One Guaranteed Mastercard is to assist cardholders in building or repairing their credit. As such, it prioritizes credit-building features over rewards.

CREDIT CARD

Capital One Guaranteed Mastercard

Establish or repair your credit Price Protection Service

Improve your credit:

APPLY NOW You will be redirected