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
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 624 user ratings.
Commented at Jun 28, 2015

I had a capital one credit card when I was 18. I made very poor decisions at a young age. And long story short I maxed out the card and it was placed into collections. I recently started trying to clear up my credit. My Credit Karma score is a 628 and I paid off my capital one account in collections just last week. Applied for the capital one card and to my honest suprise was approved with a 300 credit limit. Very low to start but that's understandable with my score and my history with Capital One.  

Review by JayAcapella
Commented at Jun 27, 2015

I had a car loan through Capital One and fell behind on my payments. I caught up and paid off the car, but I was reluctant to apply for one of their credit cards due to my late payments. Anyway, I bit the bullet and applied. I was approved with a $1,000 limit in February 2015. I applied for a CLI this month (June 2015) and was approved for an additional $1,000. My current CLI is $2,000. I'm in the steps program so I don't know if I will get the instant increase since I already got one through a CLI online. I'll keep everyone updated.

Review by achantye
Commented at Jun 25, 2015

I messed up big time as a teenage mom, no one to walk me thru credit stuff ... You know the song and dance. Finally got serious about my finances, but was so bad off bankruptcy was my best option. My husband and I make very good money now. We were just deep in debt from our early mistakes. A month after I filed bankruptcy a credit counselor suggested a capital one card so I could start rebuilding credit. I applied and was approved for a $300 quicksilver one card. After my first statement for the quicksilver I applied for this card. Approved with a $500 cl. I'm still in bankruptcy. I'm happy with these two cards for now. Want to be responsible and make payments on these low balances. Credit score was 535 when I applied for the QSOne card. Now a 559 due to accounts being removed and the low debt to credit ratio. I use the QSOne card heavily for the rewards during the zero percent interest promo, but pay it off within a day or two. I carry very small if any balance since i only spend on what I had planned to buy with cash anyway. Great card so far. So glad they took a chance on me!

Review by kjbriscoe
Commented at Jun 25, 2015

I have awful credit so I was surprised that I was approved for 300.00 credit limit. 6 months later, my line has been increased to 750.00. Capital One did not gouge me like First Premiere does (pay us 95.00 to see what your credit limit is: no thanks First Premiere). Also, I requested an increase and was approved. This bank does not seem to say No a lot which is helpful when you need money in emergency situations. I look forward to improving my credit with this card. As long as you pay on time they will treat you well. I am impressed with this card. Oh, and they have a pretty cool service where you can pick a design for your card. It did not cost anything and they offer many neat backgrounds. It's just a nice gesture to members who appreciate their credit cards.

Review by ewest305
Commented at Jun 24, 2015

I got approve for this card five months ago when NO other card was an option for me. I started with a $500 CL and used this card all the time. I would max it out and pay it off the next day a few times a month paying for bills and things I needed to buy anyways. I mostly left little to no balance on this card when the statements came out so I paid almost nothing for interest charges. This card was the best tool I had in rising my credit score each month. I was automaticallly enrolled in the credit step program and was eagrly awaiting to see my $250 CLI. After I paid my 5th on time statement I was amazed to see I had a $2,000 CLI! I now have a CL of $2,500 on this card and my score is in a far better standing in just a short amount of time. Get this card. Use it correctly.

Review by dgeorge8

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.