Capital One Platinum Credit Card Review

By Thomas Donaldson

Capital One Platinum Credit Card

(361 reviews)

Apply Now

on Capital One's secure site

  • Reports to the credit bureaus and builds your credit when used responsibly
  • Pay no annual fee and no foreign transaction fees
  • Use your card wherever Mastercard is accepted
  • $0
  • Average, Fair, Limited
Product Details
  • Click "APPLY NOW" to apply online
  • Pay no annual fee
  • Be automatically considered for a higher credit line in as little as 6 months
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier. Just hover your card over a contactless reader, wait for the confirmation, and you're all set.
  • Pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you
  • Get access to your account 24 hours a day, 7 days a week
  • Help build your credit through responsible use of a card like this

Our Expert Review

Why We Like It

Offer Rating

4/ 5

By Our Editorial Team

Key Benefit

This no annual card comes with everything you need to build credit.

Compare Credit logomarkEditor

For consumers looking to build their credit with a no-frills credit card, the Capital One Platinum Credit Card might just be the card for you. This card doesn't distract with all the bells and whistles and can build your credit when used responsibly. What makes this card shine is that there is no annual fee. That's pretty rare for a credit card available for consumers with fair credit or a limited credit history.

There is no rewards program with this card, but some analysts say that's the good thing for folks who are just starting out with credit because they won't be incentivized to overspend. The Capital One Platinum Credit Card also comes with some complimentary credit management tools and resources to help you succeed with building credit.

You can monitor your credit profile for free with the CreditWise® app and you'll even be automatically considered for a higher credit line in as little as 6 months. The APR is rather high at 26.99% (Variable), so we don't recommend that you carry a balance on this card.

Pros & Cons


  • It's rare to find a card for people with Fair/Limited Credit that doesn't charge an annual fee
  • Extra tools and resources to keep you informed on your credit building progress
  • No foreign transaction fees makes this a great choice for traveling abroad


  • The APR of 26.99% (Variable) is quite high, but that's normal for card for fair credit consumers
  • There's no rewards program with this credit card

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