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
603
average
534
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 563 user ratings.
Commented at Apr 19, 2015

Really No Rewards but overall Great Card CL went from 300 to 1200 in 5 months Love Capitol One

Review by jrome76
Commented at Apr 17, 2015

I applied for Capital One back in October 2014, I was approved for $300, not much but I was so appreciative as I am in the rebuilding stages. Used my card often and paid 75%-100% off each month. I also applied for the Quicksilver card in January 2015 and was approved for $500! I was super excited, I use the card just like my first card. To my surprise when I logged into my account (4/16/15) my first card was increased by $2k, I am now at a credit limit of $2,300!! I couldn't believe it and actually logged out of my account and logged back on just to make sure, haha. I can't wait to see my cli with my Quicksilver as I an enrolled in the credit steps program on both. I started with a CS in the 550's and I am currently in the 620's and by the end of the year should be in the 690's. Slowly but surely moving up so I can each my goal of high 700's. Thanks Capital One for helping me reach my goals! Also, 

Review by ShugICT
Commented at Apr 15, 2015

I have had this card for about a month and want to say that I do recommend Capital One for anyone in the process of rebuilding credit. First I got their secured card and then this one. In hindsight I wouldn't have even needed to get the secured card. Go to their preapproval page and see what they have for you. I actually still have a charge off from Capital One showing on my credit reports and still got two cards with them. (charge off is falling off the end of this year though). A credit card is a must to boost your scores.

Review by TryingToUnderstand
Commented at Apr 15, 2015

I applied for capital one platinum  Feb 2014 on line and was approved instantly for $ 300 not much but appreciated since i had less then stellar credit. They

put me on the 5 step program and said pay on time for 5 months and get CLI of $750 i was extremely surprized and delighted when i logged on one day to

check balance to find my new CL was $ 1300  This was in sept 2014 Just kept making payments 5 times more then minimum in April althrough patient i

did not receive automatic CLI So i called and was informed to request  CLI via telephone computer or apply on line. I choose to take the plunge on line

it was easy and very fast a few questions then pushed submit. To my surprize i was instantly approved for new CLI of $ 3,300. So in just over 1 year i

advanced $ 3,000 So have faith you can rebuild credit with capital one. Next stop will be Venture card which i will apply for end of year my beginning score was 531 ck

score as of april 2015 625 ck. should be 680 by end of year. Good luck to all those rebuilding and starting out. You can succeed  with the help of capital one.

Review by gatorman
Commented at Apr 14, 2015

I signed up 5 months ago - had previous chargeoffs, and some very close to the limit cards. Was approved for $300 with credit steps. (Not immediately.. denied online, card showed up a few days later in the mail)

Paid roughly $150 - $400 through the card every month for 4 months, and ran about $600 through it on the final month.  (Used the cards full credit, immediately paid it off, did it again, immediately paid.. making sure the balance was 50% or less of available credit when the statement hit each month) On month 5, my statement is supposed to hit today/tomorrow, and I logged in to see my credit line jumped from $300 to $2300.

I also was able to apply for a QuickSilver One (and get approved with $500 limit) DURING month #5, before the credit increase. That card too is enrolled in credit steps and will automatically jump in 5 months with good payments. Repeating the above strategy with that card. 

Well done Capital One - you secured a new customer for life with that program. Give someone a chance to save time in their life, and they will love you forever for it. 

Review by 300to2300

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.