Credit Cards

Capital One® Guaranteed Mastercard® review: a great starter card with easy approval

The Capital One® Guaranteed Mastercard® is the perfect card for someone with a low credit score. Its easy approval rates can help you increase your credit score while also getting travel benefits and zero liability protection.

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Capital One® Guaranteed Mastercard®: Easy approval to establish or repair your credit!

capital one guaranteed mastercard
The Capital One® Guaranteed Mastercard® will help you build a strong credit score. Source: The Credit Stacker.

We know applying for a credit card with a low score sometimes feels like a losing battle. Whether you are someone with a not-so-great financial history, or someone who is getting a credit card for the first time, all you need is a starting point. In this Capital One® Guaranteed Mastercard® review, we’ll show you just how to get started.

capital one guaranteed mastercard

How to apply: Capital One® Guaranteed Mastercard®

If you are looking to rebuild your credit score because yours is not so good, the Capital One® Guaranteed Mastercard is here to help you with that.

  • Credit Score: You can apply even with a bad score.
  • APR: 19.8%.
  • Annual Fee: There’s a $59 annual fee.
  • Fees: 2.5% Foreign Transaction Fee.
  • Welcome bonus: No welcome bonus is available at the moment.
  • Rewards: No rewards are available at the moment.

So if you are looking to rebuild or repair your credit score and need a card that will approve you even with a low score, look no further. The Capital One® Guaranteed Mastercard is here to help you with that.

With basic requirements, you can get easy approval and enjoy all of its benefits. Read below some of its features, and keep reading this review for more information.

Capital One® Guaranteed Mastercard®: is it good?

The Capital One® Guaranteed Mastercard® it’s a perfect option if you don’t have a good financial history. You can rebuild your credit and improve your chances of getting approval on apartment rentals, mortgages, and better interest rates on loans. 

In addition you can count on the Travel Benefits and Zero Liability Protection, which covers any unauthorized purchase made on your card.

Also, being a part of the Mastercard network, the Capital One® Guaranteed Mastercard® card can be used everywhere Mastercard is accepted, including ATMs. 

Should you apply for Capital One® Guaranteed Mastercard®?

joyful young businesswoman celebrating improved credit score
You can get a good credit score with the help of a good credit card. Source: Freepik.

Although this card offers a great opportunity to restore and build credit, there are some points to consider before applying. You can read the pros and cons below in our Capital One® Guaranteed Mastercard® review.

Pros: 

  • Easy approval (conditions may apply), even if you have a poor credit score;
  • Capacity to establish or repair credit with sensible use;
  • Zero liability protection;
  • Travel Privileges;
  • Global Acceptance;

Cons:

  • Its Annual Fee of $59;
  • Interest Rates of 19.8%
  • Low credit limit: the maximum limit you can get is $2,500, a point to consider if your intention is to make large purchases

Credit scores required for application

Capital One® wants to help people build a good credit history and make it easy for someone who is looking for their first credit card to get guaranteed approval. So, people of all types of credit scores are welcome to apply.

Capital One® Guaranteed Mastercard: how to apply for this card?

If you meet the criteria for this card and want to apply, it’s as easy as getting approved for it. You can do it online! And within minutes, start to build credit for the future, with travel benefits and zero liability protection. Check the following post to learn how!

capital one guaranteed mastercard

How to apply: Capital One® Guaranteed Mastercard®

If you are looking to rebuild your credit score because yours is not so good, the Capital One® Guaranteed Mastercard is here to help you with that.

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