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 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: 7.6 out of 10 based on 326 user ratings.
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
Commented at Aug 17, 2014

So, this is actually my first credit card. See I'm building up my credit and as of now it's at 630. In the past, I made a huge mistake letting someone use my name and they defaulted on their payments and screwed my name badly. So I started working up getting my credit back to where it is suppose to be. That's when I received an offer in the mail from capital one. At first I was skeptical thinking they would just turn me down but once I completed the application, it took a while to go through and then it read that I was approve for a 300 dollar CL. It's not much but it's something to start off with. I know I will eventually get a CL increase. I'm very big on taking care of my bills. But if you have fair credit and is looking to build then this will be the card for you. I'm still waiting for my card in the mail. 

Review by BLKPanther24
Commented at Aug 14, 2014

I am 24, single mom, just starting back in college, ck score 603, and I was instantly approved for cl of $300. my credit had been damaged due to some medical bills that I didnt even realize existed after some health issues. application process took 10 mins on the phone customer service was lovely.  After reading the reviews, I believe that the issue with not getting approved is probably their annual income...but this was a great experience for a first time credit card owner! :)

Review by Anonymous
Commented at Aug 14, 2014

I had tried another of the cards from Barclays Bank. It had showed an average approval score being in the 630 range, which is exactly what my CK rating is. I applied with the usual feeling of denial looming and sure enough, I have a letter coming in the mail telling me why I was denied. 

A couple days passed and I receieved the email about the new hard inquiry on my credit profile. I logged in just to verify that it was for the Barclays bank, which it was. Once logged in, I saw an offer for the Cap One Platinum card. I clicked it just to see what it was and it showed a "very good" chance of approval. Having already been denied in the previous days, I figured I would give it one more shot. The processing screen seemed to take forever and I was just waiting for the denial screen to come up, but instead it was an approval! I was approved for $3000! Im glad that I was finally approved for a new card so that I can start to rebuild my credit.

I hope this helps anyone considering this or both of these cards. 

Review by kmtrn1
Commented at Aug 8, 2014

love this card

Review by angelprahl

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.