
Designed for those with average credit, the Capital One Platinum Credit Card allows cardholders to be automatically considered for a higher credit line in as little as 6 months. It has an annual fee of $0 and also charges no foreign transaction fee.
Because credit limits tend to be lower for those with average credit, access to a higher credit line can be beneficial. The Capital One Platinum can help you if your goal is to build credit or raise your credit limit.
In addition, to help you keep track of your finances, you’ll get 100% free access to the Capital One Credit Tracker enabling you to access your credit score, a credit simulator, and other tools that will help you monitor your credit profile.
This is overall an attractive option if you have average credit. However, the high interest rate means you won’t want to carry a balance from month to month.
Capital One Platinum Summary
![]() With the Capital One Platinum Credit Card: This card can help build your credit with responsible card use and be automatically considered for a higher credit line in as little as 6 months. Get access to your account 24 hours a day, 7 days a week with online banking from your desktop or smartphone, with Capital One's mobile app. Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges. You're able to pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you Monitor your credit score with CreditWise from Capital One. It's free for everyone. This card comes wit no annual or hidden fees. See if you're approved in seconds |
Conclusion
Although you won’t earn rewards with the Capital One Platinum Credit Card, you’ll still gain valuable benefits that will help you build your credit. Such benefits include a higher credit line, fraud coverage, and a credit tracker. With no annual fee and these perks, this card can be worth looking into if you have average credit. Eventually, you might get a better Capital One card, like the Capital One Quicksilver Cash Rewards Credit Card.
If your credit is good or you’re looking for something else, find out which card is fit for you by checking out our complete list of credit card promotions today!