Capital One Platinum Credit Card Review
The card_name is designed for those with limited credit or fair credit (FICO score of about 580 to 669). It has no annual fee and reports payments to all 3 credit bureaus.
Our Rating
4.4/5.0
Welcome Offer
No annual or hidden fees.
Annual Fee
$0
0% on Purchases
N/A
Reward Rate
None
0% on Balance Transfers
N/A
Welcome Offer
N/AFeatures & Benefits
| Security | Credit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Virtual Card Numbers, Card Lock |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay |
| Benefits | 24/7 customer service |
| Travel Perks | None |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Regular APR | 30.74% (V) APR |
What Credit Score Is Required to Get the Capital One Platinum Credit Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 03/10/2022 | Experian | ||
| Approved | 06/12/2021 | TransUnion | ||
| Approved | 04/06/2021 | Experian | ||
| Approved | 04/27/2022 | Not Provided | ||
| Approved | 09/11/2021 | Experian | ||
| Approved | 09/11/2021 | Equifax | ||
| Approved | 09/11/2021 | TransUnion |
- No annual fee
- No welcome bonus
- No rewards
- High APR
What Are the Best Alternatives?
Petal® 1 "No Annual Fee" Visa® Credit Card
Rating
4.5
Rewards Range
None
Annual Fee
$0
Petal® 2 "Cash Back, No Fees" Visa® Credit Card
Rating
4.6
Rewards Range
1% - 10%
Annual Fee
$0
Capital One QuicksilverOne Cash Rewards Credit Card
Rating
4.4
Rewards Range
1.5%
Annual Fee
$39
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FAQs
Capital One will try to provide a decision within 60 seconds of completing the online application. If additional information is needed, however, the application process can take 7 to 10 business days.
Yes, for those with fair credit (580 to 669). While it doesn't offer cash back rewards, it has no annual fee and reports payments to all three credit bureaus.
Capital One does report payments to all 3 credit bureaus (Equifax, Experian and TransUnion). With on-time payments, your credit score an improve.
Capital One does attempt to provide a decision within 60 seconds, but there is no guarantee. A decision could take as long as 7 to 10 business days.
No. It is a traditional credit card, not a secured card.
Yes. Our research has uncovered numerous individuals discharged from Chapter 7 bankruptcy who have qualified for the card.
Aim for a score of 570 or higher. While Capital One does not disclose a minimum score requirement, this card is designed for those with fair or average credit.
The minimum credit limit is $300, however, users have reported starting limits as high as $1,000, $1,500 and even $3,000.