All about the Capital One Platinum card

Applying for a credit card can be a big decision. Often, the first step is finding a card that meets your needs. And if it comes with additional benefits, that can be even better.

The Capital One Platinum card can be a great option if you’re working to establish or build your credit.

What you’ll learn:

• The Platinum card is for people with fair credit. If it’s used responsibly, by doing things like paying statements on time every month, you can build your credit scores.

• The Platinum card has no annual fee and doesn’t require a security deposit. View important rates and disclosures.

• Platinum cardholders are automatically considered for a credit limit increase in as little as six months.

• The Platinum card can help you keep your money safe with features like security alerts and $0 fraud liability for unauthorized charges.

The Platinum card from Capital One is an unsecured credit card geared toward those with fair credit. Plus, no security deposit is required to open an unsecured credit card account. View important rates and disclosures.

If you’re approved for the Platinum card, you’re automatically considered for a higher credit line in as little as six months. And with responsible credit habits, you can use the Platinum card to help build your credit scores.

Check out some of the benefits of the Platinum card:

Not every credit card issuer reports credit activity to the credit bureaus. But Capital One does. That means you can use your credit card to build credit—as long as you use it responsibly by doing things like paying your monthly statements on time.

The Platinum card requires no annual fee, so you can keep more money in your wallet. View important rates and disclosures.

Speed, simplicity, security and touch-free use are benefits of having a contactless credit card like the Platinum card. You can just tap, pay and go.

With the Platinum card, you don’t have to pay foreign transaction fees when you use your card outside the U.S. View important rates and disclosures.

Capital One offers these features to help you keep your money safe and accounted for.

Check your balance, view your transactions, get alerts, pay your bill and more—all through the Capital One Mobile app.

Eno looks out for you and your money around the clock. It can reach out if it spots something unusual on your account, like a duplicate charge. Also, you can ask Eno questions about your account online, in the mobile app or through text.

You can shop online more securely with virtual card numbers, which are randomly generated card numbers that are linked to your credit card account. When you shop with virtual card numbers, your actual card number isn’t shared with merchants.

Sometimes, keeping track of bill payment due dates can get a little complicated. But at Capital One, you can customize automatic payments, choose your monthly payment date and more.

The Platinum card can help protect your account and identity with security features like: 

• Fraud alerts: When you add your mobile phone number to your account, you’ll get notified if Capital One notices potentially suspicious activity.

• Card lock: Card lock can help if your card is ever lost or stolen. With just a few taps, you can easily lock your card from being used to make most new purchases. And unlocking it when the issue is resolved is just as easy.

• $0 fraud liability: If your card is lost or stolen, you won’t be responsible for unauthorized charges.

Here are some general steps to take when applying for a Platinum card:

• Gather information: Be prepared to share some personal information, including your full name, date of birth, Social Security number (SSN), physical address and estimated gross annual income.

• Get pre-approved: Before you decide to apply, you can check to see whether you’re pre-approved for the Platinum card or other Capital One cards. Pre-approval from Capital One is quick and won’t hurt your credit scores.

• Choose your application method: There are several ways to apply for a Platinum card, such as online, in person at a Capital One Café, or by phone or mail. If you apply for the Platinum card online, you could get an almost immediate response to your application.

Here are the answers to some common questions about the Platinum card:

The Capital One Platinum card is for people who are building their credit. There’s no annual fee and no security deposit required. View important rates and disclosures. Plus, cardholders are automatically considered for a credit limit increase in as little as six months.

If you’re new to credit or searching for your next credit card, Capital One can help.

• See whether you’re pre-approved for credit cards, without harming your credit scores. 

• If you’re looking to build your credit with responsible use, explore other cards for people with fair credit. 

• Earn cash back on every purchase, every day, with a cash back rewards card. 

• Monitor your credit report and score with CreditWise. It’s free and using it won’t hurt your credit.