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
530
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 538 user ratings.
Commented at Mar 25, 2015

Applied for this card six months ago with a trans/exquifax score in the high 500's. Was instantly approved for 300 CL even with a defaulted card in the past and come collections. Charged my card a few times a month and paid in full, was recently granted a CL of 2,300 without asking via credit steps! The credit tracker app is a helpful tool and customer service with capital one has always been well. Also I was granted 1000 CL for a capital one quicksliver which gives me a intoduction to a rewards card. I suggest capital one for anyone looking at a quality company to build credit with.

Review by DN77
Commented at Mar 25, 2015

This card is perfect for rebuilding your credit. Intially started off with a $500 CL after five months of responsible usage my CL increased to $2500 without even asking! Definately, give this card a shot if you are serious about building credit.

Review by Cr3ditno0b
Commented at Mar 23, 2015

worse customer service ever!EVER!!!!!!!!!!!

Review by k121
Commented at Mar 21, 2015

This is an okay starter card, and was my starter card nearly 9 years ago. I still have it, but it is the highest interest rate of my cards on the one that I got through Capital One. They aren't generous with credit limit increases, so after all this time it has only went to 2250 from the original 500. I only keep it to keep my credit aged.

I also have a second one that was converted to a Capital One Platinum from an HSBC card, and it is still at the 19% rate, but Cap 1 is even more stingy with a CLI on it. It just got bumped to 1300 after 8 years of having it. Ohh well, I have only 31 dollars of balance between both of these, and I only keep them becaue they are my two oldest cards to keep stuff aged.

Review by scottyspot
Commented at Mar 21, 2015

I started out with a secured line(which I still have) since it happens to be my oldest cc. Then, I applied for their regular card after 1 year and got approved with a $500 CL which will automatically increase after 5 months according to an email they sent to me shortly after my approval. I started out with a credit score of 530 or so and I'm currently at 630(all w/in a year's time). Keep purchases to a minimal and pay off the entire balance every month BEFORE your billing cycle ends. The due date is irrelevant, if you pay the bill off or as much as you can before the end of the billing cycle, then that's the amount that will reflect to the credit bureaus.

Review by aprilsavery

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.