Capital One Secured vs. Wells Fargo Secured Credit Card

Updated Jan 3, 2021

Fact checked

Please note: The Wells Fargo Secured Credit Card has been discontinued, and it is not available on our site.

The Capital One Platinum Secured Credit Card has a $0 annual fee, while the Wells Fargo Secured Credit Card comes with a $25 annual fee. Both are secured credit cards for building credit, with no rewards program and no signup bonus.

Check out all other perks and features in the table below.

	Capital One Platinum Secured Credit Card Terms apply, see rates & fees	Wells Fargo Secured Credit Card Terms apply, see rates & fees
Finder rating
Finder rating	★★★★★ 4.4 / 5.0	★★★★★ 3.8 / 5.0
Best for
Best for	Growing your credit score and limit	Low annual fee for credit-building card
Welcome offer
Welcome offer	N/A	N/A
Rewards
Rewards	N/A	N/A
Purchase APR
Purchase APR	26.99% variable	20.49% variable
Annual fee
Annual fee	$0	$25
Balance transfer APR
Balance transfer APR	26.99% variable	20.49% variable
Cash advance
Cash advance	APR: 26.99% variable Fee: $10 or 3% of the transaction, whichever is greater	APR: 25.49% variable Fee: $10 or 5% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee	None	3% of each transaction or $3, whichever is greater
Late payment fee
Late payment fee	Up to $40	$37
Additional cardholder fee
Additional cardholder fee		$0
Interest-free period
Interest-free period	25 days	25 days
Minimum interest
Minimum interest	$0	$1
Minimum credit score
Minimum credit score	300	300
Card type
Card type	Credit	Credit
Learn more
Learn more	Read review

Compare secure credit cards

Name	Product	Filter values	Minimum deposit required	Purchase APR	Annual fee	Minimum Credit Score
Capital One Platinum Secured Credit Card			$49, $99 or $200	26.99% variable	$0	New to credit	A no-annual-fee secured card that separates itself from the pack with a $200 credit limit after making a more affordable than average deposit of $49, $99 or $200.	Apply now View details	Compare	loading Fetching your data...
Applied Bank® Secured Visa® Gold Preferred® Credit Card			Starting at $200	9.99% fixed	$48	300	No credit check is required for this secured card. Make a deposit of at least $200 to open this card and get a low 9.99% fixed APR on purchases.	Apply now View details	Compare	loading Fetching your data...

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Megan Horner

Megan Horner is the credit cards publisher at Finder. She's passionate about helping you find the best credit cards to meet your financial needs — whether that's earning great rewards or improving your credit score. Megan's expertise has been spotlighted on Lifehacker, CreditCards.com, American Banker and featured on news broadcasts across the country.

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Capital One Platinum Secured Credit Card vs. Wells Fargo Secured Credit Card