Capital One® Platinum Credit Card

The following table shows the features, rates, and other key data for the Capital One® Platinum Credit Card offer in Capital One offers. These terms are updated on a daily basis by the CreditCards.org 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® Platinum Credit Card Apply Now
  • Start with no annual fee for the first year; $19 after that
  • 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
607
average
554
lowest
Intro APR Purchases Intro APR Balance Transfer Regular APR Annual Fee Credit Needed
N/A* N/A* 24.9% Variable* $0 intro for first year; $19 after that* Fair Credit*
Intro APR Purchases N/A*
Intro APR Balance Transfer N/A*
Regular APR 24.9% Variable*
Annual Fee $0 intro for first year; $19 after that*
Credit Needed Fair Credit*

Credit Score Needed

Capital One® 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 from all credit card issuers.

Most Helpful User Review

Commented at May 22, 2012

I've had this card for almost 2 years and FOR WHAT IT IS, its an incredible asset! I started rebuilding my credit in 2008 with an HSBC secured card with a $200 CL. I never asked for a CLI because all I was doing was putting one tank of fuel on the card per month and then paying it off. This kept me at my 30% goal of utilization and showed a healthy habbit of paying off my debts each month. After a year my score jumped from a 608 to a 670, which is when i applied for this card. I was instantly approved for a $350 limit and enrolled into the Credit Steps program (make payments on time and get instant CLI, etc...) After one year my CL jumped up to $1250 and has recently doubled to $2500. I used this card for all of my grocery/dining out purchases and cleared the balance each month. My score has jumped from a 670 to a 730 (TU/EX)  and I now use a Cap One Venture  (Sig. Visa - $7500 CL) for all of my purchases to rack up miles/points towards travel. I still keep both this card and my HSBC in the wallet (HSBC has a great Credit Monitoring program that allows me to pull my report/scores once a month from all 3 CB with no HP) to keep the AAoA up and to remind myself of where i started and where i am today. 

For all of you complaining about this card having a high APR or a low CL you really need to understand that this card is a tool for people looking to rebuild their credit. If you want a high limit apply for a Visa Signature Card (Chase Saph, Venture, Citi Pref etc..) but you better have a great CS and a good history or you will be instantly denied. For everyone trying to re-build there credit Capital One is a great place to start!

Review by Yogi969

User Reviews

Average Rating: 7.4 out of 10 based on 314 user ratings.
Commented at Apr 21, 2014

I Applied and recived my very 1st credit card! its only $300 limit with increase after 5months, gotta start somewhere. Thanks CapOne

Review by Druzz
Commented at Apr 21, 2014

When there are so many rewards cards out there you do not have to reward the bad behavior of Capital One.  After having a perfect payment record for 7 years they stopped my account because I missed a single payment.  My son was out of town and relying on that card but Capital One never called, e-mailed or notified me before they stopped the account.   W17hen I called to cancel the card they refused to honor over 300 dollars of rewards that I had acculmated.  I tried to work it out with them for over 8 months.  I finally complained through the federal govt. and had my rewards in 6 bweeks.   STAY AWAY.

Review by frankrizzo17
Commented at Apr 15, 2014

I got approved for this card with a cs of 550. CL was $300. After 6 months of on time payments I was increased to $500. This card has helped my score jump to 634. I was even able to get a $17 auto loan. The customer service is helpful, they were great with answering questions.  I have been very happy with the card and grateful for another chance at rebuilding my credit. 

Review by Anonymous
Commented at Apr 11, 2014

I was approved for this card three months after my bankruptcy was discharged. The limit at that time was $500.00. Here we are six months later and they just increased my limit to $1500.00. Needless to say, I am thrilled. I had always heard that i would be lucky to get an increase of $250.00 and that would be the max.

This is not true. Capital One is great. They have always treated me well.

They were also included in my bankruptcy so they do forgive. My fico score has gone from a 488 to a 653 in just months.

I was also approved for a Barclays Rewards card a month ago with a limit of $500.00.

I started out with a Capital One secured card a month after my discharge. The limit was only $300.00.

I also sucked it up and opened a First Premier card and a Credit One Bank (increased limit by $200.00 after first payment) card one month after my discharge.

Oh, and how can i forget about Finger Hut (increased limit by $600.00 after six payments). 

I always paid them all on time (a week before due date) and have always gone over 50% utilization however i pay down to a zero balance every month and it has worked out for me well.

Over the past two weeks, I have been approved for the following cards:

Walmart credit card (not Discover) with a $700.00 limit

Kay Jewelers $500.00 limit

Comenity Bank Gas card $250.00 limit - I had applied for a Comenity Bank Visa card and did not get approved so they sent me a Marathon gas card and we don't even have any Marathon stations in MA.    

I have been approved for a Lane Bryant card with a whopping $150.00 limit.

I have also been approved for a Pier 1 card with a $500.00 limit and a Eddie Bauer card with a $250.00 limit.

I had to call the recon number for the Pier 1 and Eddie Bauer card but it was easy. They just wanted to verify my identity because i had applied for four cards with Comenity all within 24 hours.

I hope this helps. I have a ton of inquiries but i have what i need and i will not apply for any additional cards for at least a year. I am hoping to get approved for a couple of premium bank cards within the next 18 months.

I was denied for a Discover, Citi card, Chase card, Bank of America card, Amex, etc. due to my bankruptcy..just an fyi

Hope this helps someone out there!     

Review by Anonymous
Commented at Mar 27, 2014

WHAT CAN I SAY 3 BANKRUPTCYS 1 THIS YEAR TO DISMISS THE SECOND BANKRUPTCYS 1 COLLECTION ACCOUNT AND A COUPLE OF LATE PAYMENTS  NO OPEN CREDIT CARD ACCOUNTS CREDIT SCORE OF 611 I WAS APPROVED INSTANTLY FOR INITIAL CREDIT LINE OF $1000 THANKS CAPITAL ONE FOR GIVING ME  A CHANCE TO GET MY CREDIT MOVING  IN THE RIGHT DIRECTION

Review by DTWNBADBOY

Credit Limit

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

+ Credit Karma users have received approvals with these TransUnion New Account credit scores. These approved metrics are only guidelines and approval is not guaranteed.