The Capital One Platinum is built for someone who needs a basic credit card to establish or rebuild credit, not for earning rewards or travel perks. It works best as a simple everyday spending card for small purchases you can pay off in full each month.
All information about Platinum has been collected independently by MaxRewards. Platinum is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Building credit history
Starter everyday purchases
Capital One Café visitors
This card is worth considering if your main goal is getting a straightforward unsecured card and using it to build a stronger credit profile. With no annual fee, it can serve that purpose well enough if you keep your balance low, pay on time, and treat it as a credit-building tool rather than a rewards card.
For most established cardholders, there is not much reason to keep this as a primary card. It does not earn rewards, there is no welcome offer, and the main extra benefit is a discount at Capital One Cafés. The high APR also makes it a poor fit for carrying a balance, so its value depends almost entirely on using it responsibly to improve your credit.
The Capital One Platinum fits cardholders who want a no-annual-fee way to build or rebuild credit with an uncomplicated account. If you qualify for cards with rewards, this one is likely too limited to be your long-term everyday card.
Benefits
50% off Handcrafted Beverages
Capital One cardholders enjoy 50% off all handcrafted beverages everyday at any Capital One Café nationwide. Find your Café.
Eligibility
Good credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Annual Fee
$0
Purchase APR
28.99%
Variable
Transfer APR
28.99%
Variable
Cash Advance APR
28.99%
Variable
Foreign Transaction Fee
None
Balance Transfer
None
Cash Advance
$5
Late Payment
$40
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Recognition
Earn a one-time cash bonus of $2,000 plus for a limited time, earn a $500 Capital One Business Travel credit
Once you spend $30,000 in the first 3 months
Annual Fee
$150
Rec. Credit
Excellent
Earn 150,000 Miles
Worth $2,175
Once you spend $30,000 in the first 3 months from account opening
Annual Fee
$395
Rec. Credit
Excellent
Earn 100,000 Miles
Worth $1,450
Once you spend $10,000 on purchases within the first 3 months from account opening
Annual Fee
$95
Rec. Credit
Excellent
