Capital One Platinum Secured Card
Why this is your pick
Requires as little as a $49 deposit for a $200 credit limit — the most accessible secured card for those with very limited cash. No annual fee, reports to all 3 bureaus, and Capital One's credit-building tool helps you track your progress.
Pros
- $49 minimum deposit (lowest available)
- No annual fee
- Visa — accepted everywhere
Cons
- No rewards program
- Upgrade path less clear than Discover
- Lower initial credit limit ceiling