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
  • Pay no annual fee
  • 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
  • Help strengthen your credit for the future with responsible card use
602
average
546
lowest
Intro APR Purchases Intro APR Balance Transfer Regular APR Annual Fee Credit Needed
N/A N/A 24.9%* Variable $0 Fair Credit*
Intro APR Purchases N/A*
Intro APR Balance Transfer N/A*
Regular APR 24.9% Variable*
Annual Fee $0*
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 657 user ratings.
Commented at Jul 29, 2015

Love Capital One!! Got this card with a 550. Now I am a 683. Just got a $1000 increase on my credit line. Started with a $500 credit line, now I'm at $1500. Very very happy....

Thank You Very Much! Capital One

Review by Benjamen33
Commented at Jul 29, 2015

Just starting my second year in college and I don't really have any way to build my credit I don't have anything in my name to contribute to my own credit except for my school loans. So I thought it would be clever to get a credit card and use it for only the  necessities such as gas and what not to start establishing myself! This card is seriously great! No annual fee what so ever and I got approved with a credit limit of $300 with a credit score as low as 570-574. I was super excited! 

Review by AlexandriaNoelNowak96
Commented at Jul 28, 2015

I was in the processing of rebuilding my credit when I first applied for the card and I was instantly approved for a $500 credit line on my Quicksliver about 3 months ago now. I recently logged in to see if I can get an early increase and I was approved immediately for $1,000 so now my limit is $1,500. I have another Capital One card which is the platinum that I have a credit line of $500 as well. I will wait another 2 weeks before I apply for an increase. Also both cards are enrolled in the credit steps program. Would love to see what I get by Dec. just in time for Xmas. 

Review by NYgirl11213
Commented at Jul 26, 2015

I got this card just before coming back to the USA after living overseas for over 6 years. I wasn't sure I would be granted a card at all, but I was granted this one. When I arrived, my card had not. I contacted the company and they sent another out to me.

After that, I started using the card for almost all of my online transactions, but paying off the balance more than once a month in order to have use of the low (300$) limit, and not to have any interest accrue.

Apparently that strategy works for Captial One. Today I logged in to check my account and discovered my limit had been raised from 300$ to 2300$. A shock, but a pleasant one.

It appears that the usage of the card, combined with the payments, showed the system that I needed a higher limit. If your goal is to develop credit, and to increase the limit on this card, that seems to be a sound strategy. Always make sure you have the money to pay it off, rather than living from credit. Sure, I could use my bank card, but that links directly to my bank account, which I don't feel comfortable throwing around. I am afforded some protection by using this buffer method, and it helps me to develop credit/limits.

I rated this as 4 stars, because nothing is perfect, and I don't like to give that level of praise to anything, 4 is as high as I'd ever give.

Review by shingold
Commented at Jul 24, 2015

This card has helped me BIG TIME! I started with a $300 credit limit and when it was time for a limit increase it was raised to $3000.

My credit score came up 100 points when I was approved for this card. I currently have 2 other credit cards with my credit union for a total $1,100.

and some installment loan of $1,500.

within four months my credit score has gone from 510 to 650. I am preapproved for a home loan. truly amazing what happen when you take some time to pay some bills and clean your credit up.

Review by Anonymous

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.