Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the Capital One Secured Credit Card different from a prepaid card?

0
Posted

How is the Capital One Secured Credit Card different from a prepaid card?

0

• A secured card is a credit card. We report payment information to the three major credit bureaus—providing the opportunity to build your credit with responsible use. Missing payments may hurt your credit score. Prepaid cards are not like secured credit cards. Prepaid cards are like debit cards. Since they do not report to the major credit bureaus, prepaid cards cannot help you build your credit. If you are interested in a Capital One prepaid card, please visit www.capitalone.com/prepaid.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123