Capital One® Classic Platinum Credit Card

The following table shows the features, rates, and other key data for the Capital One® Classic Platinum Credit Card offer in Capital One offers. These terms are updated on a daily basis by the database. If you wish to apply for the card, you may do so securely on its official website by clicking the Apply Now button below:
Capital One® Classic Platinum Credit Card Apply Now
  • Get the credit you need with a competitive rate
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account–even from your smartphone with our mobile app
  • Pick the monthly payment due date that works best for you
  • Pay however you want - by check, online, or at a local branch, all with no fee
  • Get access to your account 24 hours a day, 7 days a week
  • Start building for the future with features that can help you get there
Intro APR Purchases Intro APR Balance Transfer Regular APR Annual Fee Credit Needed
N/A* N/A* 20.9% Variable* $39* Fair Credit*
Intro APR Purchases N/A*
Intro APR Balance Transfer N/A*
Regular APR 20.9% Variable*
Annual Fee $39*
Credit Needed Fair Credit*

Credit Score Needed

Capital One® Classic Platinum Credit Card is generally for people with Fair Credit, though other factors besides credit score can also determine whether a particular application is accepted. See more Capital One offers.

Most Helpful User Review

Commented at Oct 7, 2010

Pro:I had a credit score of 512 CK. I got approved for $500 and it has gone up to $1500 after one year. My credit score is now 630. Make sure you keep ure balance under 30% usage. i.e. my limit is $1500 so i keep my balance under $450. That is what's building my credit.

Con:Always pay on time b/c the fee is $40 and intrest kicks in after your first year.

Review by foxsbaby23

User Reviews

Average Rating: 7.8 out of 10 based on 1008 user ratings.
Commented at Aug 22, 2014

I decided to apply for this card on a whim even though CK says I had poor odds. Applied with a 578 CK score and was instantly approved for a $300 limit. Applied Saturday, got an email my card was in the mail Monday and received it yesterday (Thursday)  I didnt see anything about a credit steps program though. I will keep yall posted.

I am in the rebuilding process after going crazy in college (just graduated and got my first job a week after graduation) so I am thankful Capital One took a chance on me.

Review by infamousines
Commented at Aug 17, 2014

I was approved for the card the end of May 2014 I use 71% utilization with a $300.00 CL But I pay it off in full a week or more head of the due date is that Good or Bad or should I pay more then the Maximin then pay the difference off next month because I want my credit limit to Increase or do I have to wait the full six months for and increase...I am new to using credit cards I always paid cash for everything..but having a credit card is so helpful at times..

Review by kjarrett1991
Commented at Aug 14, 2014

My credit score was not "great". It is reported at 620. I used the First Premier and Credit One bank cards (with a $300 credit limit) for a year. I did not miss any payments but i was utilizing about 80% of my credit limit. I decided I needed additional accounts to show good payment history. I applied for Capital One and was given a $2000 credit limit with one year of 0% APR (which increases to 18% after a year). As long as payments are made ontime, and you do not go over your credit limit, there are no issues. I have never had an issue with ANY Credit Card when I make my payments ontime.

Review by Jester87
Commented at Jul 31, 2014

I noticed that a lot of criticism has been about Capital One not giving a lot of credit limit increases, so I thought I would share my experience which has been a bit different. When I applied for this card two years ago, my credit score was around 600 with a lot of negative indicators on my credit report.  I was approved for $500, which I was grateful for since my credit wasn't the best. Six months later, it was bumped to $750 without my initiation, which was a nice surprise.

About a year later (six months ago) I had gone from a part-time to a full-time position, raising my salary up quite a bit (about $36k, not great but more than what I was making when I applied). Some negative indicators had also fallen off of my report, bringing my score to about 660-670. I asked for an increase online (filled out a short online form), and was approved for $2,250. Then just last month, I noticed that the limit went up to $3,750, and this was again without my initiation.  I was pretty happy with this as it brings down my utilization, helping my credit score a bit more.

In a few more months more negative indicators should fall off of my report, so I'm curious to see if this changes anything.  I'm not sure why my credit limit increases have been more fruitful than others in my situation, but I thought I'd share my experience to show that it is totally possible to get increases on your account.

Just fyi; I tend to use my card often for big purchases, and I do leave a bit on my card (so I do pay some interest).  For example, I recently went to Las Vegas and booked the room on my card.  I didn't pay the whole thing off, but I did pay a big chunk of it ($500 out of $700).  I don't know if this contributes to my increases, but it does show them that I use my card for big purchases and I pay off a good amount, but they are still making some money off of me with interest.  It might be something to consider.

Review by jaycee19
Commented at Jul 30, 2014

I got approved quickly and got my card in less than a week.  Great card for building credit.  0% APR for 15 months, which is great compared to secured cards.  Looking forward to growing my credit worthiness.  It feels great to feel like someone is giving me a chance to rectify old bad decisions/habits.

Review by anndaisy

Credit Limit

If approved for the card, the issuer will notify you of the credit limit on your card. Please see the Capital One® Classic Platinum Credit Card for complete terms, conditions, and details of the offer.

+ This information is provided through a relationship with Credit Karma members have received approvals with these TransUnion New Account credit scores. Please note that because other factors may affect credit card approval, these approval metrics are only guidelines and approval is not guaranteed.