Capital One Platinum is built for people who want a very simple credit-building card, not for rewards or travel. It works best as a low-friction everyday card for small purchases and on-time payments while you establish or rebuild credit.
All information about Platinum has been collected independently by MaxRewards. Platinum is no longer available through MaxRewards.
Building payment history
No annual fee credit use
International purchases
This card is worth considering if your main goal is building credit with a straightforward, no-annual-fee card. There is no rewards program to learn, no annual fee to offset, and no foreign transaction fee, which is a nice extra for a starter card.
For most established cardholders, though, this is not a long-term wallet card. It does not earn cash back or points, and the ongoing perks are limited. If your credit is strong enough to qualify for a rewards card, you will likely get more value elsewhere. The real reason to choose Capital One Platinum is simplicity and access, not ongoing upside.
Capital One Platinum makes sense for someone focused on building credit and keeping costs simple. Once you qualify for a card with rewards, its role usually becomes limited.
50% off Handcrafted Beverages
Capital One cardholders enjoy 50% off all handcrafted beverages everyday at any Capital One Café nationwide. Find your Café.
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.
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.
Earn $2,000 Cash Back
Once you spend $30,000 in the first 3 months. Earn an additional $2,000 cash bonus for every $500K spent during the first year
Annual Fee
$150
Rec. Credit
Excellent
Earn 150,000 Miles
Worth $1,500
Once you spend $30,000 in the first 3 months from account opening
Annual Fee
$395
Rec. Credit
Excellent
Earn $1,000 Cash Back
Once you spend $10,000 in the first 3 months from account opening
Annual Fee
$0 intro for first year; $95 after that
Rec. Credit
Excellent
