CA
Capital One Guaranteed Mastercard® Card review
This Capital One Guaranteed Mastercard® review will show you how this credit card can be a powerful tool for you to build or repair your credit history.
by Aline Augusto
Capital One Guaranteed Mastercard® Card: repair your credit with a guaranteed card approval
In this Capital One Guaranteed Mastercard® review, you’ll learn about a credit card with guaranteed approval for those who want and need to repair or build a credit history. So, if you are interested in establishing a good financial path, this Mastercard might be worth considering. Check out the summary right below.
Credit Score | All scores considered |
Annual Fee | $59 |
Regular APR | From 19.80% on purchases and balance transfers to 21.90% on cash advances |
Welcome bonus | None |
Rewards | None |
How to get a Capital One Guaranteed Mastercard®?
Repair or build your credit with a Capital One Guaranteed Mastercard® credit card. Check out how to apply!
Although it charges an annual fee, the card has some security features and exclusive travel benefits. Keep reading to learn all about it.
Learn how a Capital One Guaranteed Mastercard® works
Capital One offers a credit card that helps you repair or build your credit history and score.
Usually, it is not easy to get a card if you don’t have enough credit. If you don’t manage to have at least a good credit score, you won’t be considered to be approved to have a credit card.
However, some companies offer the opportunity for you to apply for a card, be approved, and start building a good credit path with responsible usage.
That’s how the Capital One Guaranteed Mastercard works. In summary, it guarantees your approval, and you need to meet only four simple requirements, as follows:
- You must be at the age of majority;
- You haven’t applied for an account more than one time in 30 days;
- You don’t have a pending application or an existing Capital One account;
- You haven’t had an account in bad standing in the past year.
So, if you meet those requirements, you can apply for a Guaranteed Mastercard and be approved right away.
Then, you may enjoy the benefits the card offers, including Purchase Assurance, Extended Warranty, Zero Liability, Price Protection Service, and more.
Also, the credit card offers Travel Assistance, Common Carrier Travel Accident Insurance, Baggage Delay, Loss Damage Waiver, and Car Rental Collision insurance.
Therefore, as you will be enjoying all the benefits, you will be able to improve your credit with responsible use of the card.
The annual fee is $59, and the APR ranges from 19.80% to 21.90%.
You will be redirected to another website
Credit score recommended
This card is designed to help people to establish or repair credit. So, all credit scores are considered in the application.
But, you must meet four simple requirements as described above.
Capital One Guaranteed Mastercard® credit card highlights
The main benefit of holding a Capital One Guaranteed Mastercard is the possibility of improving credit in a simple way. All you must do is responsibly use the card because the approval is guaranteed no matter what your credit score is.
Although it charges an annual fee, this Mastercard comes with an essential security package and offers a good travel benefits package for those who travel regularly.
Besides insurance, the card covers you with assistance and protection service. But, before deciding if this card suits you, check out the list of advantages and disadvantages below.
Advantages
- It helps you to build or repair credit;
- It offers essential security features;
- It has a simple requirements list for application;
- It provides a good travel benefits package;
- It offers an easy-to-use app for you to manage your account.
Disadvantages
- It charges an annual fee;
- The APR is relatively high;
- You must be a new customer to apply for this Capital One credit card.
- Conteúdo Recomendado: How to apply for a Capital One Guaranteed Mastercard®?
Apply for a Capital One Guaranteed Mastercard®
If you need to repair or establish credit, check out how easy it is to apply for a Capital One Guaranteed Mastercard.
How to get a Capital One Guaranteed Mastercard®?
Repair or build your credit with a Capital One Guaranteed Mastercard® credit card. Check out how to apply!
Aline Augusto
Aline Barbosa
Senior Editor
Trending Topics
LoanConnect or Fairstone Loans?
Which one is best: LoanConnect or Fairstone Loans? Check out our post to find the best loan platform for your financial needs!
Keep ReadingPlastk Secured Card review: a card to build credit
Do you need a card to help you build credit? If so, read our Plastk Secured Credit Card review to learn about this incredible card!
Keep ReadingQuestrade Investing full review
Questrade is a Self-Directed Investing account full of investments choices at low costs for Canadians! Read the Questrade Investing review!
Keep ReadingYou may also like
Aeroplan® Credit Card review: Up to 50k bonus points
Get an Air Canada's Aeroplan® Credit Card review. Earn up to 3X points on all purchasesa and 500 bonus points for every $2k spent in a calendar month!
Keep ReadingApply for the Chase Slate Edge℠ and Improve your Finances!
Need to consolidate your credit card balances or make a big purchase without paying interest? If so, you might want to apply for the Chase Slate Edge℠!
Keep ReadingFederal Pell Grant: receive up to $7,395
Get the details on what a Federal Pell Grant is! Receive payments to cover your college costs. No need to pay back! Read on!
Keep Reading