Capital One Platinum Secured vs Chase Freedom Rise®
Side-by-side comparison
| Capital One Platinum Secured | Chase Freedom Rise® | |
|---|---|---|
| Annual fee | No annual fee | No annual fee |
| Welcome offer | No current offer | $25 statement credit |
| Dining | 0x | 1.5x |
| Groceries | 0x | 1.5x |
| Gas | 0x | 1.5x |
| Travel | 0x | 1.5x |
| Streaming | 0x | 1.5x |
| Everything else | 0x | 1.5x |
| Est. yearly rewards* | $0 | $437 |
| Points type | Cash back only | Pools with Chase → transferable |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Capital One Platinum Secured | Chase Freedom Rise® |
|---|---|---|
| Welcome bonus | None | $25 statement credit |
| To earn it | No minimum spend | Set up autopay in first 3 months |
| Est. first-year value* | $0 | $462 |
| Est. ongoing value / yr* | $0 | $437 |
The Chase Freedom Rise® wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Capital One Platinum Secured | Chase Freedom Rise® |
|---|---|---|
| Lounge access | None | None |
| Annual credits | None | None |
| Points & redemptions | Cash back only | Transferable (paired with a premium card) |
On perks and redemptions, the Chase Freedom Rise® earns transferable points with a higher redemption ceiling, while the other is capped nearer a flat cent. Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
Only the Chase Freedom Rise® earns transferable points. Its Chase Ultimate Rewards move to World of Hyatt, United, Air Canada, Southwest, and British Airways Avios, where a point can be worth several cents on a premium-cabin redemption, far above its cash value. The Capital One Platinum Secured pays flat cash back, worth about a cent, so its ceiling is nearer a penny per point no matter how you redeem.
The verdict
On a typical year of household spending, the Capital One Platinum Secured earns about $0 a year in rewards and the Chase Freedom Rise® about $437, valuing every point at a flat 1 cent. The Capital One Platinum Secured has no annual fee, so its rewards are all profit. The Chase Freedom Rise® has no annual fee, so its rewards are all profit. Counting rewards and any credits, the Chase Freedom Rise® delivers more total value, about $437 a year more for a typical spender, mostly because it earns more where you spend most, on everything else and groceries. The bigger difference is the ceiling: the Chase Freedom Rise® earns points you can move to travel partners for outsized value, while the Capital One Platinum Secured pays plain cash back. Favor the Chase Freedom Rise® if you will use travel transfers, the Capital One Platinum Secured if you want simplicity. On the sign-up bonus, the Chase Freedom Rise® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Chase Freedom Rise® if your spending leans toward dining, groceries, gas.