Pay no annual fee
Get access to a higher credit line after making your first 5 monthly payments on time
Fraud coverage if your card is lost or stolen
Use online banking to access your account, even from your smartphone, with our mobile app
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 strengthen your credit for the future with responsible card use
Rates, fees & offers
APR: 26.99% Variable APR
Cash Advance APR: 26.99%, Variable
Balance transfer fee
Foreign transaction fee
Recommended credit score
Editor's overall rating
Pros and cons
Qualify with average credit
No annual fee
No foreign transaction fee
The Capital One® Platinum Credit Card is an excellent option if your goal is to build credit or raise your credit limit.
The $0-annual-fee card reports to all three major credit bureaus, and it charges no foreign transaction fees and no penalty APR for late payments. A key feature is that it gives you the opportunity for an increased credit limit after you make your first five monthly payments on time.
The card doesn’t earn rewards, and its ongoing APR is The ongoing APR is 26.99% Variable APR, so it’s not ideal to carry a balance. It’s better used as a tool to improve your credit. For more information, see NerdWallet’s full review.