Features

Who is the Capital One Platinum Designed For?

Capital One's Platinum Card is a card for people who need to build their credit and are looking for a card with a low annual fee. The credit line starts at $300, but after five months of regular payments members can access higher credit lines.

What are the Interest Rates for Capital One Platinum?

Cash advances and regular purchases have a fixed APR of 24.9%.

What Are the Fees for Capital One Platinum?

The Platinum card has a $19 annual fee: one of the lowest of its category, and there are no balance transfer or foreign transaction fees to consider. It does have a $35 fee for late payments and a $10 or 3% fee, whatever is greater, for cash advances.

What Is Capital One Platinum's Rewards Program Like?

Although Capital One's Platinum card does come with useful benefits and perks, it doesn't have an actual rewards program. Members who are regular with their credit card payments could see their score increase and qualify for cards that include rewards programs.

What about Capital One Platinum's Signup Bonus?

There is no signup bonus. However, the annual fee of $0 is waived for the first year, which is something.

Any Other Benefits Included with the Capital One Platinum?

The Platinum card comes with the regular benefits offered by all Capital One cards. That includes 24/7 customer service, travel accident insurance, price protection on purchases and a credit tracker. The credit tracker provides members with free and unlimited access to their FICO score, as well as tools help them manage and improve their score.

As a Platinum MasterCard it includes additional benefits such as extended warranty on purchases, auto rental insurance, travel accident insurance, 24-hour roadside assistance and price protection on certain items.

How Is Capital One Platinum Better Than Other Credit Cards?

Capital One's Platinum is one of the more inexpensive credit-building credit cards. It doesn't require a security deposit and its credit requirements are not hard to meet. Once you have established a regular payment history of five months, you can increase your credit limit, which is important for those who only qualify for a low initial credit limit. Unlike other credit cards design to build credit, it includes flexible payment options that grant 24-hour access to your accounts and allows you to pay online, by check or at a local branch.

  • Card Type
    Low APR Rewards
  • Customer Type
    Personal
  • Card Network
    Mastercard
  • Minimum Age
    18
  • Co-signing Allowed
  • Grace Period / Deferred Interest
    25
  • Late Payment Penalty
    $35
  • Minimum Interest Charge
    $1
  • Returned Payment Fee
    $35
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
  • Purchases APR
    24.99% - %
  • Balance Transfer APR
    24.99% - %
js-table-filter bizname-capital-one--quicksilver-cash-rewards-credit-card
0
js-table-filter ccard-type-139
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter cashback-135
13.24
0
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1994

  • Cashback
  • No Annual Fee
  • 0% Introductory APR
  • No Foreign Transaction Fee
Card Type Low APR
Card Type Balance Transfer
Card Type Rewards
Purchases APR 13.24%
Balance Transfer APR 13.24%
Intro APR period (months) 9
092
js-table-filter bizname-capital-one-platinum-card
0
js-table-filter ccard-type-139
js-table-filter ccard-type-136
js-table-filter free-fico-score-575
24.99
js-table-filter no-annual-fee-238
js-table-filter card-type-11
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-114

Est. 1988

  • Free FICO Score
  • No Annual Fee
  • No Foreign Transaction Fee
Card Type Low APR
Card Type Rewards
Purchases APR 24.99%
Balance Transfer APR 24.99%
089
js-table-filter bizname-capital-one-classic-platinum
0
js-table-filter ccard-type-139
js-table-filter ccard-type-136
js-table-filter free-fico-score-575
24.99
js-table-filter no-annual-fee-238
js-table-filter card-type-11
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-114

Est. 1994

  • Free FICO Score
  • No Annual Fee
  • No Foreign Transaction Fee
Card Type Low APR
Card Type Rewards
Purchases APR 24.99%
Balance Transfer APR 24.99%
087
js-table-filter bizname-capital-one--secured-mastercard
0
js-table-filter ccard-type-138
24.99
js-table-filter no-annual-fee-238
js-table-filter card-type-11
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-132
js-table-filter credit-required-113

Est. 1994

  • No Annual Fee
  • No Foreign Transaction Fee
Card Type Secured
Purchases APR 24.99%
Balance Transfer APR 24.99%
084
js-table-filter bizname-capital-one--ventureone-rewards
js-table-filter air-miles-136
0
js-table-filter ccard-type-139
js-table-filter ccard-type-136
12.24
js-table-filter travel-143
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-140
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1994

  • Air Miles
  • Travel
  • No Annual Fee
  • 0% Introductory APR
  • No Foreign Transaction Fee
Card Type Low APR
Card Type Rewards
Purchases APR 12.24%
Balance Transfer APR 12.24%
086
js-table-filter bizname-capital-one--venture-rewards
js-table-filter airlines-140
59
js-table-filter ccard-type-139
js-table-filter ccard-type-136
js-table-filter points-137
13.24
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter card-type-140
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1994

  • Airlines
  • Points
  • Travel
  • No Annual Fee First Year
  • 0% Introductory APR
  • No Foreign Transaction Fee
Annual Fee $59
Card Type Low APR
Card Type Rewards
Purchases APR 13.24%
Balance Transfer APR 13.24%
083
js-table-filter bizname-capital-one--quicksilverone-cash-rewards-credit-card
39
js-table-filter ccard-type-139
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter free-fico-score-575
23.24
0
js-table-filter no-introductory-apr-350
js-table-filter card-type-11
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-114

Est. 1994

  • Cashback
  • Free FICO Score
  • 0% Introductory APR
  • No Foreign Transaction Fee
Annual Fee $39
Card Type Low APR
Card Type Balance Transfer
Card Type Rewards
Purchases APR 23.24%
Balance Transfer APR 23.24%
Intro APR period (months) 9
081
js-table-filter bizname-playstation-card-from-capital-one
0
js-table-filter ccard-type-136
js-table-filter points-137
13.9
js-table-filter restaurants-142
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-114
js-table-filter credit-required-115

Est. 1994

  • Points
  • Restaurants
  • No Annual Fee
  • 0% Introductory APR
  • No Foreign Transaction Fee
Card Type Rewards
Purchases APR 13.9%
Balance Transfer APR 13.9% to 24.9%%
006
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Reviews

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0 votes

The variable APR of 20.9% is pretty good, considering that this is a card for people with low credit scores. I wish there wasn't an annual fee of $39, but it is what it is when you have bad credit. Hopefully I can use this card to up my score and apply to another with no fee and rewards. That's my plan.


0 votes

Great card to rebuild your credit and get where you want to go financially. I have also used the perks in terms of the extended warranty on purchases and my fiance and I used it for the travel accident insurance when we went to Bermuda recently. I also like having unlimited access to my FICO score.


0 votes

Good solid credit building card for those who need to get their credit on the right track. My score was low because life got in the way, but through my Capital one platinum card I was able to get my score to rise 60 points over the last 18 months and I am now doing a lot better. Glad I got this card.


0 votes

This card really helped me get my credit back on track. I was surprised that they even offered me a line of credit as bad as my credit history was looking. But thanks to Capital One I am rebuilding it once again!


0 votes

The initial credit limit is really low--at $300, so if you are in a big hurry to use the card,this isn't going to work. In the same respect, there is no signup bonus like zero interest for awhile, so also keep that in mind. This card is really for those who want to concentrate on building their credit score, which this can do.


0 votes

Whenever I have conversations with friends and family who are struggling with their credit and trying to raise their score, I recommend this card. I got it a couple of years ago to help raise my score, and I swear this was the main reason why I jumped 30 points. No kidding! I still have the card, but I also have others that I use. It's a good card that does what it's supposed to do.


0 votes

The credit tracker that comes along with this card makes it worth it, if nothing else. I've been happy to have ready access to my FICO score. It's helped me keep track of my progress and I was even alerted when my score went down recently. I was able to check into it and saw what was thankfully only a minor blip. I also like that the APR isn't astronomical as it could be.


0 votes

Great card. You may not get rewards, but you get a bunch of nice perks, including being able to get a look at your FICO score whenever you want. I have also used the benefits you get in terms of insurance when renting a car, which I do several times a year when I travel. I don't feel that the annual membership fee of $29 is all that bad. It's only a little over $2 dollars a year!


0 votes

I was looking for a card that would help me build my credit and has some rewards program, but came up short. I did discover this card and applied and I am seeing my credit score go up from it. I've also seen that Cap One has some other cards with rewards for people with better credit, so I am going to keep climbing this mountain until I get my credit score up higher!


0 votes

Pretty good card for someone with poor credit, but don't apply for this if your credit is medium. I say this because this card is just okay for anyone else but someone struggling with credit issues. There is a $19 annual fee after the first year and big late fee payments and cash advance fees. There is no rewards program.


0 votes

I realize that I have fairly poor credit, but I'm not overly thrilled with the interest being so high. I think that it could be a little lower considering there is no reward program attached to this. I am pretty happy with the low annual fee, though.


0 votes

I find in life that the best way to get things done is to see the results as you go. That's what makes this credit card so great for actually raising your credit score. Like when you are on a diet and are able to check the scale, with this credit card you are able to check your FICO score. Truly motivating!


0 votes

Okay card. I know a lot of people like it, but I am not thrilled with the interest rate. 20.9% isn't something to celebrate. I keep my balance low and try to pay it off every month so I don't have to pay this, but if I am ever able to not pay, it can get expensive interest wise. I also don't like having to pay an annual fee on top of the interest. And there's no rewards, so you can't use any to pay off your annual fee. So ... average experience for me. More Less


0 votes

I have to say that getting this card was a bit of a relief. I say that because until I found it necessary to get this card to build up my credit score, prior I had rewards cards. With those cards I was always trying to figure out if I was buying the right thing and all that stuff. Now I just spend money; pay it off and watch my credit score slowly rise.


0 votes

Rebuilding your credit seems to take FOREVER. I guess it's a lot like losing weight. At any rate, I started what seems like an uphill battle about four years ago and had been making progress. Then I decided to get a credit card to see if that would help, so I applied for Capital One's platinum card. I was shocked to see--through the FICO score they supply--that indeed this is helping!


0 votes

I love this card. It has helped me to get my credit usage under control and I have raised my FICO score. I also like how I can check my score any time I want! I am a little obsessive about checking it, but they don't seem to care. I've also had some good luck using their cool “what if” simulator in terms of my credit.


0 votes

Big Capital One fan here. My mom and dad have had their cards forever, so as a pretty newbie borrower, I started with this card. I saw my FICO score go up in just six months and I am now looking at getting one of their other many great cards. If you are new to borrowing, I would suggest starting with this card and working your way up from here.


0 votes

I initially got kind of a low credit limit--$1000. It didn't really help me purchase what I wanted to, but in retrospect that is probably good, because I didn't use the amount but did continue to make smaller purchases, which I was able to pay off—on time. The on time factor is important to mention, because since I did that, they have raised my credit limit like they say they will. I didn't turn around and use the credit limit, though. Like I said, I've learned. I'm going to keep ... it simple and keep raising my FICO score—which thanks to this card I can also check! More Less


0 votes

I do have a credit score that could use a little boosting, which is why I applied for this card. On the other end of the spectrum, I have a credit history that isn't all that bad, so when I got the requisite $300 credit limit to start I almost laughed. Almost. Then I almost cried. Fortunately, after five payments they raise the limit. I called at that time to get it raised to as high as possible. I seem to have succeeded.


0 votes

If you need to build your credit, get this card immediately! I got it about a year ago and have seen my credit score go up a whole 20 points. I did nothing else but use this card. I am so thrilled. I would recommend not using more than 60 percent or so of your CL at one time, and pay it off every month.


0 votes

When I signed up for this card awhile back, I didn't even really consider the travel benefts with the card, such as travel accident insurance. Well, it turned out that I needed that insurance a few weeks ago when I went on a trip and got into a minor (thankfully) accident.


0 votes

There aren't any bells and whistles with this card. You don't get any rewards so to speak, except for some insurance if you travel and some roadside assistance if you need it. You don't have to pay it the first year, but the annual fee of $29 is due and payable the second year. I have to say, though, that the $29 is not all that high. All-in-all this is a good card for you if you want to use it to build credit.


0 votes

The credit limit you get with this card initially is not all that great at just $300, but it's the first step! If you take it and pay your bill on time, which isn't too hard considering your credit limit, you will get your credit limit raised. The better you do, the more it rises.


0 votes

This card is a perfect little package for people who want to raise their credit score. Not only does it actually work, as long as you pay your bill on time and don't keep maxing out the card, but the card also allows you access whenever you want to your FICO score. This means you can see how your score is rising.


0 votes

I wanted to transfer some higher interest rate cards to here, so I did, because there is no transfer fee. If there was a transfer fee, though, I probably wouldn't have done it, because I might have broken even. The interest rate on this one is just okay.


0 votes

My sister got this card a couple of years ago when she was having some trouble with her credit after losing her job. I figured I didn't need to know much about the card because at the time things were going good for me. Well, fast-forward to today. Things aren't going all that great thanks to a failed marriage and an overspender of a husband, so I found myself applying for one of these cards, too! I got one and it's been going great.


0 votes

Really like how I have ready access to my FICO score with this card. They also have some monitoring devices that help you determine the best thing to do to imporve your credit score and your financial picture overall. The annual fee of $39 isn't bad for all you get.

0 votes

I have had this card for little more than 6 months and have made great gains in my credit score with it. I started out with a score just under 600 as reported by Credit Karma and a CL of $300 on the card. I kept the utilization of the card low and paid on time. Got the $500 CL increase as promised after 3 on-time payments. My Credit Karma score has jumped to 660 since then. My son has had the same experience with his ... card also. He has gone from a Cedit Karma score of 620 to about 700 in the few short months he has had his. Can't really comment on the customer service since I have never had the need to contact them. We are able to pay bills and review purchase history on-line and through apps on phone. I would highly recommend this to anyone starting to build or rebuild credit. Most important thing is to keep balance low and payoff each month. More Less


0 votes

I used this card over Christmas and now three months later I'm seeing that it helped with my credit score. Can't figure out what else it would have been that helped, cuz I didn't do anything else different. I've been trying to rebuild my credit for three years now and finally found this card is the answre!


0 votes

Great card if you wish to build credit and aren't interested in any bells and whistles. I have seen my credit score go up exponentially since I got this card, and all I'm doing is paying it off on time! There are a few perks that you do get, including credit tracking. You can see your FICO score whenever you sish.


0 votes

I like the fact that this card helps you if you are trying to rebuild your credit. I am doing that and have been seeing some incremental upward climbing of my credit score, so I think it works. I'm just payed the annual fee for the second year--wasn't too much at $19.


0 votes

Not too high annual fee for this card of just $29. I've found that many of these cards that give you the chance to build your credit back up again are kind of pricy in that area. I have also found that they aren't always effective, but this card is. I've seen my credit score go up 15 points in a few months. I know, because they give me my FICO score with this card, too!


0 votes

I like this card, but I'm not thrilled with the interest rate I got, which I think is just too high. My credit isn't horrible. It's just okay. I feel that I got an interest rate for bad credit. It shouldn't be as high as it is. At any rate, I plan on paying it off each month, so I don't have to pay this interest rate. Maybe it's a deterrent to keep you paying so you raise your score?


0 votes

My credit was unfortunately pretty crummy when I applied for this card. I got an intiial limit of $300, and I thought, geez, I've really sunk low! But after I paid on time for five payments or so, they gave me an increase in my credit line, and it's been going up from there. I can now see what a valuable tool this is for getting you back on track and not giving you too much credit too soon.


0 votes

I really like how this card doesn't charge a transfer fee. I had a card carrying a 29% horrible interest rate, so I transferred the balance to my new Platinum card. Now I am at least paying lower interest. That has meant that I've been able to pay off a bigger portion of the card. Now that I am only using about 55% of the credit line on my card I'm seeing my FICO rise, too.


0 votes

I was a little hesitant to apply for this card because of its lack of perks, but my credit score was low, so I figured beggars can't be choosers. I applied and got approved and got a little credit limit. I also got access to my credit score through FICO, which I found to be great to have. I am seeing some increase in my score, so it must be doing something!


0 votes

This card does have a fee after a year, but it's only $19. It also doesn't have any rewards points or anything. But what it does have is the ability to check your FICO score whenever you want. I really like that, because it allows me to see if having this credit card and all of the other things I'm doing to build my credit are helping. So far they are definitely helping!


0 votes

Great little card. I take it everywhere. I have used the extended warranty on some big purchases, and that has saved me a lot of hassles and money! I would rather not pay any annual fee, but if I have to pay one, $29 isn't all that painful. And then those extras like the warranty coverage do make up the difference.


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