All About the Platinum Mastercard From Capital One

Looking for an introductory credit card? The Platinum Mastercard from Capital One could be a good option


Whether you’re looking for your first card or rebuilding your credit, applying for a credit card is a big decision. The next step is finding a card with features you want and the flexibility to make daily life a little less stressful. That’s where the Platinum Mastercard® from Capital One could come in.

When used responsibly, a card like this could be a good choice to continue building your financial future. It has many features that can help make the day-to-day a little more manageable. 

No Annual Fee

Budgets can be tight when you’re building—or rebuilding—credit. Every dollar counts. That’s why the Platinum Mastercard has a $0 annual fee. 

Keep in mind that other cards designed for people in this stage of their credit journey may charge an annual fee.

Credit Limit Increase

With the Platinum Mastercard, you’ll automatically be considered for a higher credit limit in as little as six months. Capital One will review your account and notify you if you’ve been approved for additional credit. 

As you grow financially, consider choosing a credit card that has benefits that can grow with you. Using your card responsibly could increase your chances of getting a credit limit increase.

Tap to Pay

Want to pay at checkout up to 10 times faster without having to hand your card to a cashier? The Platinum Mastercard is contactless. Simply hold or tap your card on a contactless-enabled reader, wait for the confirmation and you’re all set. Wondering how to tell if your card or the merchant terminal is contactless? Look for the symbol—it’s those four curved lines.

Simplicity, speed, security and touch-free safety are just a few of the benefits of having a contactless credit card.  

Manage Your Account 

Capital One offers a number of tools to help you manage your account, wherever you are.

Eno, Your Capital One Assistant

Eno looks out for you and your money around the clock, reaches out if it spots something unusual and helps you fix it. That includes monitoring your transactions and notifying you when Eno finds unusual account activity like duplicate charges. Eno also lets you keep your actual card number private when shopping online. By adding Eno to your browser, you can pay with a virtual card number instead.1

Capital One Mobile App

No matter what’s happening in the world or how busy you get, you can manage your account anywhere, anytime with the Capital One Mobile app. You can pay your bill, view your balance and transactions, and more. 

CreditWise

CreditWise from Capital One is a free credit-monitoring tool that can help you keep a close eye on your credit. It’s free for everyone, even if you’re not a Capital One cardholder. With CreditWise, you can discover key factors that may impact your TransUnion® VantageScore® 3.0, get alerts when something meaningful changes on your TransUnion and Experian® credit reports and more. And don’t worry—checking your credit report won’t hurt your credit score.2

Instant Purchase Notifications

Keep track of your spending in real time. You can get alerts the moment your card is approved for a new purchase. Plus, you can set up alerts to notify you about your balance and recurring payments.3

Flexible Payment Dates

Do you have your monthly budget carefully planned out? No worries. Pick a monthly due date for your bill that works best for you.

AutoPay

When you’re keeping track of what seems like a hundred things, throwing in another date to remember can feel overwhelming. If you don’t want to worry about manually paying your credit card bill each month, you can set up AutoPay for your account.

Help Protect Your Account From Fraud

Scammers are almost always working overtime. But Capital One credit cards have security features that can help you detect potential fraud. 

$0 Fraud Liability

If your card is ever lost or stolen, you won’t be responsible for unauthorized charges.4

Card Lock

Card lock is another feature you can use if your card is ever lost or stolen. With just a few taps, you can easily lock your card from use. This can also be helpful if you misplace your card. And if you find your card or want to use it again, you can unlock it just as easily.5

Security Alerts 

It only takes a few taps for you to help stop fraudulent activity in its tracks. When you add your phone number to your account, you’ll automatically get alerts if Capital One notices potentially suspicious activity on your account.

Save Money When Shopping

Capital One Shopping

Hunting down the best price for something eats up a lot of time. Capital One Shopping is a free browser extension that automatically scans the internet for coupon codes to help you find a lower price. Capital One Shopping is free and easy, and you don’t even have to be a Capital One customer to use it.6 

Apply to Get the Credit You Need and Benefits That Grow With You

Building or rebuilding your credit takes time and effort. It’s something to be proud of! So whichever card you choose as you continue on your financial journey, pick one that offers you the credit you need. But also make sure that card has features that can truly help make the day-to-day a little more manageable.


1Eno is learning all the time and may not catch everything. Eno service outages may occur. Capital One customers are responsible for regularly checking their account statements. Web access is needed to use mobile banking. Check with your service provider for details on specific fees and charges. Texting with Eno means you agree to chat about your account over SMS and receive recurring messages. Message and data rates may apply. Mobile phone carrier fees for text messages may apply.

Some or all Eno features may not be available to all Capital One customers, depending on the types of accounts held. For example, certain bank accounts are not eligible to text with Eno, and email notifications, app notifications and virtual card numbers from Eno may not be available for certain credit cards.

The Eno browser extension for virtual card numbers is only available in certain web browsers, and enrollment is required. Virtual card numbers are not available for debit cards and some credit cards.

2Your CreditWise score is calculated using the TransUnion® VantageScore® 3.0 model, which is one of many scoring models used by lenders. It likely won’t be the same model your lender uses, but it is an accurate measure of your credit health. The availability of the CreditWise tool depends on our ability to obtain your credit history from TransUnion. Alerts are based on changes to your TransUnion credit report.

3To receive instant purchase notifications and certain other account-related alerts, you must turn them on in your Capital One online account.

4Claims of unauthorized use and $0 fraud liability are subject to investigation.

5Some activity may continue, including returns, credits, payments, interest, dispute adjustments, other account fees, purchase transactions during system downtime and certain other exempted transactions.

6Capital One Shopping is a free browser extension available to Capital One and non-Capital One card customers. Enrollment required. Savings and available coupons vary.

Capital One Shopping Credits are subject to terms and conditions that are available at capitaloneshopping.com and are separate from any rewards you may be earning on a Capital One rewards credit card. Signing up for Capital One Shopping does not enroll you into any credit card rewards program.

The Capital One Online Privacy Policy does not cover the Capital One Shopping Services. The Capital One Shopping Privacy Policy can be found at https://capitaloneshopping.com/our-terms/privacy-policy.

Learn more about Capital One’s response to COVID-19 and resources available to customers. For information about COVID-19, head over to the Centers for Disease Control and Prevention

Government and private relief efforts vary by location and may have changed since this article was published. Consult a financial adviser or the relevant government agencies and private lenders for the most current information.

We hope you found this helpful. Our content is not intended to provide legal, investment or financial advice or to indicate that a particular Capital One product or service is available or right for you. For specific advice about your unique circumstances, consider talking with a qualified professional.

The Platinum MasterCard From Capital One

Pay no annual fee and automatically be considered for a higher credit line in as little as 6 months.

Learn More

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