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 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
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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: 7.8 out of 10 based on 360 user ratings.
Commented at Oct 24, 2014

This card delivers as does Capital One!! I ruined my credit over the years, but they gave me a car loan( I got an awesome new car) and this new credit card, after an initial $500 credit limit, I charged regularly, not more then 25% of the limit, paid the balances in full, never just the minumum, after 6 payments I was given a new credit limit of $3,500!! This pushed by credit from Fair to Good!!! It works as advertised and is worth an annual fee!!! I will stay with Capital One!!!

Review by heartcapitalone
Commented at Oct 19, 2014

I'm still waiting to see how my experience goes but I will say this.  I took the offer to try to help rebuild my credit, and this card said no annual fee for the first year and what not.  Within 1 day of receiving this card and having it activated I was hit with a $39 member fee lol.  So much for the first year NO ANNUAL fee right?  Hell I should've at least had the opportunity to spend the first penny.

Review by Anonymous
Commented at Oct 19, 2014

I applied and was approved with a credit score of 598. Initial credit limit was only $300. It was supposed to increase to $500 after 5 on-time payments. My credit limit increased to $3,300 after 5 on-time payments. I have had Capital One before for a few years. I have never had any problems with them. However, this card has an annual fee and no rewards. I also have a Barclaycard that offers 2% back on most purchases. That has no annual fee. I average $500 on that card a month, while Capital One only gets around $50 of my money just to keep the account open while I build my credit. This company will have to issue me a rewards card and waive the annual fee in order to keep my business in the long term.

Review by Mike1001001
Commented at Oct 18, 2014

I applied for this card after paying off two collections accounts. Checked all three credit scores, ranging from 570-590. Didn't think I had a chance to get approved, but filled it out anyway. Got approved for a $300 limit, which I plan to use rebuilding my credit by making less than 30% charges on it and paying them off before their due date. Hopefully once I receive it and begin to use it, I get the same customer service that everyone else boasts about.

Review by Anonymous
Commented at Oct 18, 2014

I really screwed up my credit in my younger years, so when I checked my report last year around this time I had a score of 535. I then applied for a First Premeire CC, and was approved with a 300 limit. For the next 6 months I only used it 2x's per month just to fill my tank, and paid balance off in full every month. My credit score went up to 560. I then applied for this card, and was approved with a 300 credit limit, and they said if I used it every month for 5 months with ontime payments they would raise my limit to 500. Did the same with this card used it 2x's a month for gas in my wifes car, and paid in full each month. After I made my 5th payment I was looking for my credit increase, and what do you know. They didn't even raise my limit another 200 stinking dollars, they RAISED IT 2000 more dollars for a limit of 2300. yes, that right  two-thousand, and three hundred dollas..... Then that raised my credit score another 40 points up to 600!   Thanks, Captial One! You now have a customer for life!

Review by dm331974

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.