What Is the Difference Between the Capital One Low Rate Guaranteed Mastercard and the Capital One Guaranteed Secured Mastercard?
The most notable difference is the annual fee. The Capital One Low Rate Guaranteed Mastercard has an annual fee of $79. While the Capital One Guaranteed Secured Mastercard has an annual fee of $59.
Should I Get the Capital One Low Rate Guaranteed Mastercard?
Anyone who travels often and needs additional travel benefits such as baggage delay and travel insurance may get this card. It also comes with travel assistance, which can be helpful when you're travelling outside your province or abroad.
Will the Capital One Low Rate Guaranteed Mastercard Improve My Credit Score?
The Capital One Low Rate Guaranteed Mastercard is designed to help you build or rebuild your credit. Capital One sends monthly reports to the credit bureaus. As long as you make your payments on time, you should see an improvement in your credit score.
How Do I Qualify for the Capital One Low Rate Guaranteed Mastercard?
To be approved for the Capital One Low Rate Guaranteed Mastercard, you must:
- Be the age of majority in your province/territory (at least 18 or 19 years old)
- Have no prior active Capital One accounts or pending applications
- Have a Capital One account that’s been in good standing in the last year, where applicable
- Have no applications filed for a Capital One account more than once in the previous 30 days
Does the Capital One Low Rate Guaranteed Mastercard Offer Rewards?
While the Capital One Low Rate Guaranteed Mastercard has many perks, it doesn’t offer any cashback reward or points.
Does the Capital One Low Rate Guaranteed Mastercard Have a Welcome Bonus?
Although the card comes with some fantastic perks, there's no traditional upfront welcome bonus. But you can maximize the benefits to get the most out of the card.
Is the Capital One Low Rate Guaranteed Mastercard Accepted Everywhere?
Since it operates on the Mastercard network, it can be used anywhere that accepts Mastercard.
