Yes. The Capital One Quicksilver Secured Cash Rewards Credit Card is one of the best first-time credit cards because it doesn’t charge an annual fee, has a relatively low minimum security deposit and offers unlimited cash back rewards on purchases. The issuer also reports all account activity to credit bureaus, which means that responsible use will help you build and establish your credit score.

The minimum you can deposit on your Capital One Quicksilver Secured Cash Rewards Credit Card account is $200, and the maximum depends on your overall creditworthiness upon evaluation. That maximum amount ranges between $1,000 and $3,000.

The Capital One Quicksilver Secured Cash Rewards Credit Card is a Mastercard product. That means you can use it anywhere in the world where merchants accept Mastercard. Capital One does not charge any foreign transaction fees for international purchases either.

You can apply and get approved for the Capital One Quicksilver Secured Cash Rewards Credit Card even if you have a credit score as low as 300. This is a secured card, which means your security deposit works as a collateral (and your spending limit), so it’s much easier to get than unsecured cards. However, you must meet all eligibility criteria from Capital One to get the card.