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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

07/13/2022 | Updated on 01/06/2023

Capital One Guaranteed Mastercard® Card: repair your credit with a guaranteed card approval 

Repair your score with this card. Source: The Mister Finance.
Repair your score with this card. Source: The Mister Finance.

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 ScoreAll scores considered
Annual Fee$59
Regular APRFrom 19.80% on purchases and balance transfers to 21.90% on cash advances
Welcome bonusNone
RewardsNone
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!

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%.  

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

Keep reading our Capital One Guaranteed Mastercard® review. Source: Pexels.
Keep reading our Capital One Guaranteed Mastercard® review. Source: Pexels.

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.

Pre-approved credit cards for low credit score available now

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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.

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!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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