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 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
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: 7.6 out of 10 based on 331 user ratings.
Commented at Aug 28, 2014

I applied on 8/23/14 and was approved instantly for $3000 with a score of 651. I received my card today. What a feeling! I hit a rough patch after my divorce in 2010 now I feel like I'm on my way to credit rebirth!

Review by donnamarie71
Commented at Aug 26, 2014

Here's the thing. This is not the card for you if your hoping for fantastic benefits or super high credit limits. It is what it is which is a great card for building or rebuilding credit history, no more and no less. All you have to do is look at the average scores approved to understand this isnt a top tier card. For someone with zero credit history like myself the $300 starting limit was not a major issue. After the 5th statement that limit automatically increases and you can request a SP increase anytime, its not guaranteed but it is an option that doesnt result in another inquiry on your report. I find most of the people who complain about Capital One cards have unrealistic expectations. The only slight negative I have is regarding the online chat customer service option. That has been useless to me. However, I did get this card upgraded from a Platinum MC with an AF to a QS with no AF in less than a month using their FB message option, response within an hour and the representative was awesome. Utilize your resources people! 

Wait there's another negative. Everytime you submit an application for Capital One they pull all three of your reports. No bueno. Except for the BuyPower card I believe thats only EQ and is on my future wish list ~_~

FICO scores EQ 642 TU 639 EX 583 

Review by syc1031
Commented at Aug 26, 2014

I was one of the young and stupid, who received a "student special" credit card when I was in college.  Lost my head, ran up the card, and could never get out of debt.  Fast forward 15 years later, and I have a bankruptcy, medical bills and some collections accounts.  CK score of 598 and a "good chance" of being approved.  Figured what the heck, now is as good a time as any, and was pleasantly surprised to be instantly approved for a CL of $300.  Plan is to place a tank of gas on the card every couple of weeks and immediately pay it off.  That should keep me at my 20-30% usage.  Only bad thing I noticed is that between the CC app and an app for a rental house within the same 3-4 day period, my CK score dropped from 598 to 583.  That's ok.  I'll rebuild :)

Review by KirstenInAK
Commented at Aug 25, 2014

Just applied for this card with a credit score of 635 according to Credit Karma.  Approved immediately with a $2,000 line of credit.  Looking forward to using this card to rebuild my credit.

Review by Anonymous
Commented at Aug 17, 2014

I have had this card for a little over a year now. I received approval with a 553 credit score in may 2013 with a $300 limit , now it is August 2014 and my credit score is 641 and the credit limit for this card is $2500. I basically put a few small charges on it to equal to about 10% of the limit and paid it off every month. In the last few months I have been approved for a store card and the Capital One Journey. I would definately reccomend this card.

Review by AmandaM12345

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 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.