- Sign-Up Bonus
- 0
- Spending Multipliers
- 0
- Credits & Features
- 1
- Fees
- 5
- Application
- 5
- Issuer
- NaN
Summary
- Sign-Up Bonus
- 0
- Spending Multipliers
- 0
- Credits & Features
- 1
- Fees
- 5
- Application
- 5
- Issuer
- NaN
The Capital One Platinum Credit Card is a no-annual-fee card designed for consumers with fair to average credit who are looking to build or rebuild their credit profile responsibly. While it does not offer a welcome bonus or rewards multipliers, it provides essential credit-building features like automatic credit limit reviews every six months, helping cardholders increase their purchasing power over time. The card also has no foreign transaction fees, making it suitable for occasional international use, and offers 50% off handcrafted beverages at Capital One Café, adding everyday value. Overall, the Capital One Platinum card is ideal for individuals who prioritize credit growth, financial stability, and low-cost access to a simple, reliable credit card without the burden of an annual fee.
Pros
Cons
Issuer
Spending Multipliers
Credits & Features
Application
- Capital One has a strict 1/6 rule, meaning you can only apply for 1 Capital One card every 6 months
- Consider having at least a credit history for 2 year
- Capital One usually pulls from all 3 major credit bureaus
- See if you are pre-approved before applying
- Capital One states that for fair credit, you may have defaulted in the past 5 years, or less than 3 years of credit history
Fees
- No Annual Fee
- No Foreign Transaction Fee
- Up to $40 late fee
- 28.99% Variable APR
- 28.99%APR for Cash Advance
- $5 or 5% of each cash advance amount (whichever is greater)
- 28.99% APR for Balance Transfer
- 4% of each transfer amount