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 a $0 intro 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
  • Pay by check, online, or at a local branch, all with no fee - and pick the monthly due date that works best for you
  • Get access to your account 24 hours a day, 7 days a week
602
average
538
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.

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: 8.2 out of 10 based on 583 user ratings.
Commented at May 28, 2015

I was surprised that I was apporved for this card with my cs. I have a 300 CL. They also offer a CS tracker and according to them its higher than Credit Karma. But I do like it so far I haven't had any problems.

Review by NatRenee
Commented at May 26, 2015

I applied for this card at the recommendation of Credit Karma as a good way to build and establish credit. But as soon as I did my credit score dropped one hundred points and five months later has yet to recover. 

Review by TA1982
Commented at May 20, 2015

I applied for this card after numerous unsolicited mail from Capital One. Not only was the application process fast and smooth, I was approved instantly. I have nothing but great praises for Capital One. 

Review by ale8012
Commented at May 19, 2015

I was approved for $300 card with a very low CS of 527! I applied for another card 31 days later and was approved for another $300 CL. with a guarantee increase on both after 5 months of on time payments. Ok listen up this is the important part...All the people complaining haven't done their homework. Right after I received the cards and made my first payment I called to see if I was eligible for the Quicksilver upgrade and they said yes! No credit check nothing just like that I have 2 rewards cards earning 1.5 cash back with horrible credit! I didn't even have a job I am a full time college student with a $25000 dollar income! So there is no annual fee then after one year you pay $19 bucks a year and if you sign your card or cards online you can access the upgrade info yourself! They are there and people don't even look or call for the free upgrade just sitting there. My updated Quicksilver cash back rewards were available right away to start adding up on the regular card until my Quicksilver card came in the mail, so you don't even have to wait for that! So I pay off the balance a few times a month and stop using it a couple days before the due date then pay off the balance so I pay no interest ever and on top of that they pay me cash every month! So I thank you CO for the second chance and I will always stay with this amazing company!

Review by Chrady07
Commented at May 16, 2015

1st Credit card after years of collections on bills and not caring about my credit. Approved with CK score of 579. Using only for gas and emergency groceries and paying off in full during my free check each month. 300CL with chance to increase.

Review by cluckmann

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.

+ This information is provided through a relationship with CreditKarma.com. 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.