Card Details

Bank Name: Capital One
Network Type: Mastercard
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (3.7)


Annual Fee: $59
Additional Card Fee: $0
Purchases Interest Rate: 19.8%
Cash Advance Interest Rate: 19.8%


  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

Guaranteed MasterCard Review

Welcome Bonus:
Guaranteed MasterCard snapshot
Capital One Guaranteed MasterCard Review

Top features at a glance: Guaranteed credit card approval Establish or repair your credit Zero Liability protection, so you won't be held responsible for unauthorized use of your card
Guaranteed MasterCard Rewards
Guaranteed MasterCard Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
Guaranteed MasterCard User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

Guaranteed MasterCard FAQs

Other Recommended Credit Cards


Everyday Benefits:

Price Protection Service Purchase Assurance Extended Warranty

Travel Benefits:

Common Carrier Travel Accident Insurance

Car Rental Collision/Loss Damage Waiver

Baggage Delay Travel Assistance

Editor`s Review:

The Guaranteed Mastercard from Capital One is a unique and exciting product. This card offers guaranteed approval for applicants who meet some basic criteria. This card carries an annual fee of $59 and an annual interest rate of 19.8% on purchases, balance transfers, and cash advances.

This card's main feature is guaranteed approval, provided the applicants meets four basic criteria. Those criteria are (1) the applicant has reached the age of majority in his or her province or territory; (2) the applicant has not applied for a different Capital One account in the 30 days preceding the application for this card; (3) the applicant does not have an existing Capital One account; and (4) the applicant has not had a delinquent Capital One account in the year preceding the application for this card. Provided an applicant meets these four basic criteria, he or she is guaranteed to be approved for this credit card, regardless of his or her credit history or current credit score. Additional benefits include price assurance, purchase protection, extended warranties, a suite of travel insurance products, and zero-liability fraud protection.

The bottom line: The Capital One Guaranteed Mastercard is the perfect card for Canadians seeking to repair their credit. Using a credit card responsibly is one of the most effective ways to improve one's credit score and overall credit history. But it can be quite difficult to get a credit card in the first place for consumers with less than perfect credit. This card recognizes that consumers are more than just a number on their credit reports. We recommend the Capital One Guaranteed Mastercard for any Canadian looking to either establish a credit history or repair their credit. Doing so can go a long way toward setting oneself up for financial success in the future.

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Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.