Capital one platinum credit card

Apply Now View important rates and disclosures Get the credit you need with no annual fee. Credit Level: AVERAGE. Read all 0reviews. Find out more about the features online. APR representative variable.

The Platinum credit card by Capital One is a no-annual-fee card without many surprise costs. The fees it does charge, such as for late payments and cash advances, are industry standard. That’s all you need to build credit inexpensively. Capital One Platinum is a great starter credit card for people with limited credit history or no credit at all. Just make sure to pay the monthly bills on time and keep your.

However, it’s “ Platinum ” by name only — don’t expect any perks, privileges, or meaningful rewards. And with a high 26. APR, make an extra effort to pay your bill in full each month. How do you activate your capital one card?

How to settle with Capital One? It comes with $annual fee, balance transfer fee or foreign transaction fee. The ongoing APR is on the high side, which is typical for a “ credit builder” card , but it also offers a decent collection of cardholder perks, which isn’t typical for this kind of card.

Choosing the best credit card for you. They can be used to spread the cost of a one -off purchase like a holiday, or for everyday expenses like online shopping and groceries. There are many different credit card providers to choose from. Each with their own interest rates, offers. Capital One states that the CapOne Platinum card is designed for those with average credit.

However, reports exist of consumers getting approved with fair credit (as low as 580). The card is also a good choice for those with lower income. Capital One Classic PlatinuThis credit builder card is a great way to build up your credit score. Provided you stay below your credit limit – up to £5– and make your minimum monthly payments, your score should rise. The representative APR is 29.

This is everything you need to know to make a good choice. Having no annual fee and a low credit limit makes it easy to build credit and make on-time monthly payments. Because this card doesn’t have any purchase rewards, it’s a good idea to upgrade to a better card when you establish good credit. Banks, issuers and credit card companies do not endorse or guarantee this content, are not responsible for it, and may not even be aware of it. You’ll get an initial credit line that may be lower than you desire, but if you make your first five payments on time, you’ll automatically be given a higher credit limit.

Capital One has informed me that monthly payments on my balance does not go towards the principal of the cash advance only towards the credit card balance until the credit card balance is paid in full. Then the cash advance amount will be eligible to be paid in full. Therefore Capital One is making money off the cash advance balance without any consumer option to pay it off or pay it down.

Managing your CapOne Platinum card account is easy with the Capital One Mobile app. Convenient and Simple Online Account Access. Capital One provides an easy-to-use mobile app for managing your CapOne Platinum card.

You can set up handy payment reminders, keep track of your transactions, and monitor your account at. Of course, this doesn’t mean you’re guaranteed an increase, but many reviewers report jumps from $3to $0or more.