Capital One Guaranteed Mastercard®

Welcome Bonus
No Welcome Offer
  • Guaranteed approval*
  • No annual fee
  • Accepted at Costco
Annual Fee
$0
Interest rates
Purchase Rates
29.90%
21.90% (QC)
Cash Advance Rates
29.90%
21.90% (QC)
Balance Transfer Rates
29.90%
21.90% (QC)
Capital One Guaranteed Mastercard
Capital One Guaranteed Mastercard®
No Welcome Offer
Apply Now

Offer

  • Guaranteed Approval*
  • May help you strengthen your credit history
  • 24/7 customer service
  • No annual fee
  • $300 - $7,000 credit limit
  • Valuable Mastercard benefits, plus Everyday and Travel benefits like Purchase Assurance and Extended Warranty
  • Add an authorized user for $0
  • Annual interest rate of 29.9% (21.9% in Quebec) on purchases, balance transfers, and cash advances
  • Security funds may be required

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $0
First Additional Card $0
Foreign Transaction Fee 2.5%

Advantages

Costco

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
$250,000
Flight Delay Insurance
Delayed Baggage Insurance
$300
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
31 day(s)
Hotel/Motel Burglary Insurance

This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
2 year(s)
Purchase Protection
120 day(s)
Mobile Device Insurance
Price Protection

Our review

The Capital One Guaranteed Mastercard is designed for those looking to build or rebuild their credit score without paying annual fees. Approval is guaranteed if you meet the basic eligibility criteria, and you can check your pre-approval without affecting your credit score using the Quick Check tool.

By using your card responsibly and making your payments on time, you demonstrate your ability to manage credit to credit reporting agencies, which helps gradually improve your credit history. Capital One regularly reports your file to the credit bureaus.

You get a credit limit of $300 to $7,000 (security funds may be required) along with all Mastercard benefits: Zero Liability, Mastercard Global Services, and 24/7 customer service. The card also includes a range of everyday protections, such as purchase assurance, extended warranty, and price protection service, as well as some travel coverage.

You can add an authorized user for free. The annual interest rate is 29.9% (21.9% for Quebec residents) for purchases, balance transfers, and cash advances.

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