capital one platinum mastercard points

With rewards earned on every purchase, your day may look a little bit brighter. You'll also have the flexibility to redeem your rewards at Amazon.com. Platinum Mastercard® from Capital One · Get the credit you need with no annual fee. · Annual Fee · Purchase Rate · Automatic Credit Line Reviews · CreditWise · Fraud. Instead, if you're interested in a rewards card or one with an intro deal, use the Capital One Platinum to build up your credit, so you're more.

: Capital one platinum mastercard points

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Capital One Platinum, Journey or Quicksilver One?

Capital One Platinum Credit Card vs. Capital One Quicksilver Cash Rewards Card

While the Capital One Quicksilver Cash Rewards Credit Card and the Capital One Platinum Credit Card come from the same issuer, they are two very different credit cards designed for different types of cardholders.

The Capital One Quicksilver is an easy-to-use cash how to check your visa debit card balance rewards card intended for consumers with excellent credit. With 1.5 percent cash back on every purchase, you can rack up points quickly and redeem them for a check, statement credit, gift capital one platinum mastercard points and PayPal or Amazon purchases.

By contrast, the Capital One Platinum card is a credit-builder card designed for consumers with average credit. The Platinum card also provides the opportunity to get a credit limit raise if you pay your bill on time for at least six months.

We compared the features, benefits and fees of these two cards side-by-side to help you determine which card might be best for you.

Main details

Welcome bonusEarn a $200 cash bonus once you spend $500 on purchases within 3 months from account openingN/A
Rewards rateEarn unlimited 1.5 percent cash back on every purchaseN/A
Intro APR0 percent intro APR for 15 months on purchases and balance transfers, then 14.99% certificate of deposit vs savings account 24.99% variable APRNo introductory rate; variable APR of 26.99%
Annual fee$0$0

Capital One Quicksilver Cash Rewards vs. Capital One Platinum highlights

Determining which of these two cards deserves a spot in your wallet may come down to your chase business account accept credit card payments score and what benefits you want in a credit card. If your credit score is lower than you would like it to be, and you want a card that helps you build a more robust credit profile, the Platinum card may serve your needs. But if you’ve already got stellar credit and it’s cash back rewards, a welcome bonus and a 0 percent intro APR you’re after, Capital One Quicksilver fits the bill.

Here are some factors to consider as capital one platinum mastercard points compare the two cards:

Welcome bonus winner: Capital One Quicksilver

The Capital One Platinum card doesn’t offer a welcome bonus, which is not uncommon among credit cards for consumers with lower credit scores.

New cardholders of the Capital One Quicksilver can receive a $200 cash bonus after spending $500 on purchases within the first three months of opening an account. While the $200 bonus isn’t the best available, it’s consistent with most cards that don’t charge an annual fee. The $500 spending requirement should be easily attainable; you only have to spend an average of $166.66 for three months to earn the welcome bonus.

Rewards rate winner: Capital One Quicksilver

The Capital One Platinum’s primary purpose is to help cardholders build credit, not earn cash back rewards. To that end, the card doesn’t have a rewards program.

By contrast, providing cardholders with cash back rewards is the main benefit of the Capital One Quicksilver credit card, which is why it takes the cake in this category. The card is perfect for those who want to earn better-than-average rewards without a lot of hassle. You’ll earn 1.5 percent cash back on every purchase, which makes it easy to know exactly how much you’ve earned.

And unlike other cash back cards, there’s no limit to the number of points you can earn, and no restrictive categories or activations to deal with.

Annual fee winner: Tie

Neither the Capital One Quicksilver nor the Capital One Platinum come with an annual fee. You also won’t get charged foreign transaction fees with either card.

Intro APR winner: Capital One Quicksilver

Since Capital One Platinum doesn’t have an intro APR offer, the card comes up short in this category.

Capital One Quicksilver offers a 0 percent APR rate for 15 months on purchases and balance transfers. After that, the APR converts to a variable rate between 14.99 percent and 24.99 percent, depending on your creditworthiness.

When deciding whether to transfer a balance, always factor the balance transfer fee into your decision. In this case, Capital One charges a 3 percent fee on any balance amounts you transfer within the first 15 months of opening your account.

Which card earns more?

The Capital One Platinum card focuses on helping you build credit, so it doesn’t offer a cash back program. Meanwhile, Capital One Quicksilver delivers 1.5 percent cash back on every purchase, with no limits, making it the easy winner here.

Capital One Quicksilver Cash Rewards vs. Capital One Platinum spending example

With no rewards program, you won’t earn any cash back with the Capital One Platinum credit card. But with Capital One Quicksilver’s 1.5 percent cash back program, you’ll earn $15 for every $1,000 you spend using this card. Here are some guidelines to illustrate your potential earnings with the Quicksilver card.

$1,000 per month$15/month or $180/year$0
$1,500 per month$22.50/month or $270/year$0
$2,000 per month$30/month or $360/year$0
$2,500 per month$37.50/month or $450/year$0
$3,000 per month$45/month or $540/year$0

While it’s always nice to earn cash back, remember to pay your outstanding balance in full each month, or interest charges could cut into any cash rewards you earn.

Why should you get the Capital One Quicksilver?

You play go fish online with friends consider the Capital One Quicksilver card if you already have excellent credit and you’re looking to get cash back for your purchases without jumping through a lot of hoops. The Quicksilver card offers 1.5 percent cash back on every purchase, and there’s no limit to the amount you can earn. There’s also no minimum threshold you must meet to redeem your rewards. What’s more, your rewards are good for as long as you maintain an active account.

If you have a big purchase coming up, or if you want to pay down high-interest debt accounts, the Quicksilver’s 0 percent introductory APR for 15 months on both purchases and balance transfers may be a good fit for you. Incidentally, the Quicksilver card’s regular APR (14.99 percent to 24.99 percent variable) is lower than the Platinum card’s standard rate (26.99 percent variable).

Additional benefits

Capital One Quicksilver provides worthwhile Mastercard benefits such as $0 fraud liability and identity theft protection. Other benefits include travel accident insurance, travel assistance services and extended warranty protection.

Like many credit cards, Quicksilver allows you to freeze your account if you misplace your card. However, Quicksilver is one of the few cards that enables you to use your mobile app to activate the freeze. Additionally, you can create a virtual credit card number connected to your account to keep your credit card information safe.

Redemption options

You can redeem rewards in the form of a statement credit or a check. Quicksilver even allows you to set up automatic redemptions at a set time during the year or when your rewards reach a specified threshold ($25, $50, $100, $200, $500 or $1,500).

You can redeem your rewards as credits for previous purchases, gift cards and PayPal or Amazon purchases.

Recommended credit score

The Capital One Quicksilver card is available to borrowers with good to excellent credit scores. As such, you should have a FICO score above 670 or a VantageScore above 661.

Why should you get the Capital One Platinum?

If your credit scores are below average and you’re looking to build your credit, consider the Capital One Platinum credit card. The Platinum is a great starter card for someone with a thin credit profile or anyone looking to rebuild their credit.

The Capital One Platinum doesn’t require an annual fee or a high credit score. As a new cardholder, your credit limit may be low, but Capital One will automatically consider you for a higher credit limit in as little as six months. If you don’t use the higher credit limit, you could lower your credit utilization ratio, which could positively impact your credit scores.

Additional benefits

The Capital One Platinum is a Mastercard, which means you’ll get valuable Mastercard benefits like zero liability protection, emergency card services, identity theft protection and more.

You can use CreditWise to access your VantageScore 3.0 credit scores and credit monitoring (you also get this access with the Quicksilver).

Redemption options

Unfortunately, the Capital One Platinum doesn’t offer a rewards program or subsequent redemption options. The Platinum is best suited for consumers who want a hassle-free card that can help them build their credit.

Recommended credit score

Capital One suggests fair credit scores are needed to qualify for its Platinum card. Generally, a fair credit score falls between 580 and 669 for FICO and 601 to 660 for VantageScore. While no credit score can guarantee you’ll be granted a credit card, your odds of approval generally improve the higher your scores are.

The bottom line

If you’re comparing the Capital One Quicksilver Cash Rewards card and the Capital One Platinum card, your decision likely rests on the strength of your credit score and what you want your card to do. If you’re looking for a simple, no-frills card that’ll help you improve your credit if you use it responsibly, the Platinum is a good capital one platinum mastercard points, if you already have excellent credit and you’re looking for a card that rewards bmo harris auto loan payoff phone number with cash back for your spending—with no limits—then the Quicksilver card might be an excellent addition to your wallet. There are no bonus categories or promotion activations to worry about, and you can even automate your redemptions.

If you’re still unsure about either of these cards, take a look at the best credit cards for every type of cardholder to consider your other options.

Источник: https://www.bankrate.com/finance/credit-cards/capital-one-platinum-credit-card-vs-capital-one-quicksilver-rewards-credit-card/

Platinum Mastercard from Capital One Review

If orange and rockland electric power outage map trying to improve your credit score, this card may help. It can sometimes be difficult to get approved for a credit card if you don’t have good credit, but you may qualify for this card even if your credit is only considered “fair.”

It offers a few features that can help you build credit, such as an automatic credit limit increase in as little as six months. This adds positive payment information to your credit report, while decreasing your credit utilization ratio if you’re carrying a balance on any of your credit cards. Both of these activities—paying on time and lowering the percentage of credit that you’re using—are some of the best ways to improve your credit score.

Pros
  • No annual fee

  • Accepts applicants with fair credit

  • Quick access to a higher credit limit

Cons
  • High interest rate

  • No rewards, sign-up bonus, or introductory APR

Pros Explained

  • No annual fee: You won’t pay any fees to keep this card from year-to-year. As long as it doesn’t tempt you into debt, keeping it open indefinitely can help increase your credit score.
  • Accepts applicants with fair credit: You only need fair credit to be approved for this card. It says so right on the CapitalOne website. Experian defines “fair” credit as a score between 580 and 669. 
  • Quick access to a higher credit limit: Cardholders will automatically be considered for a credit limit in as little as six months. Making on-time payments and raising your credit limit may also help your credit score, as long as you keep your balance low.

Cons Explained

  • High interest rate: This card has a high interest rate if you carry a balance from month-to-month. This might provide enough motivation for you to pay off your balance each month, but if it doesn’t, you could end up paying a lot of money in interest.
  • No rewards, sign-up bonus, or introductory APR: Many other cards offer these features, but not this one. Instead, if you’re interested in a rewards card or one with an intro deal, use the Capital One Platinum to build up your credit, so you’re more likely to be approved for one of those other cards later. 

The biggest reason to get this card is if you’re still working to build your credit, so that you can qualify for a better credit card or better loan terms later on. The Platinum Mastercard from Capital One can help you do this, as long as you use the card responsibly.

How to Get the Most Out of This Card

The best way to utilize the Platinum Mastercard is to use it as a tool and be intentional with how much you spend. The purpose of this card is to build credit, and the two best ways to do so are to make on-time payments and keep your credit utilization below 30% at all times.

To begin, take your credit limit and find out what 30% of it is. For example, if your credit limit is $1,000, you never want a balance of more than $300 on the card at a time. You can have a bill on autopay on your credit card (assuming it's less than 30% of your limit) and then immediately pay it off when the payment processes.

Capital One Platinum’s Excellent Perks

The Capital One Platinum card isn’t meant to be a travel card packed with perks. However, it does offer one great perk we think is worth mentioning:

  • No foreign transaction fee: If you like to travel a lot this can save you tons of money. It's rare that this type of card has no foreign transaction fee.

Capital One Platinum’s Other Features

  • Auto rental collision damage waiver
  • Extended warranties
  • Lowest advertised price match 
  • Travel assistance service

Customer Experience

Capital One is rated third among 11 credit card companies in a 2021 J.D. Power U.S. Credit Card Satisfaction Study. It scored 815 points out of 1,000, just below the industry average of 809.

The company does offer a couple of features that make your experience better, though. A unique account feature lists all monthly recurring transactions, so you can easily scope out any charges for subscriptions or services you're no longer using and cancel them.

Capital One also offers CreditWise, a tool that, among other things, gives you access to your credit score and monitors your credit report for changes. That’s valuable information when you’re trying to build credit.

Security Features

CreditWise also scans the “dark web” and lets you know if your Social Security number ends up somewhere it shouldn’t.

Anyone can capital one platinum mastercard points up for CreditWise without applying for a Capital One card, so even if you decide not to get the card it still may be worth using the tool.

Capital One also offers security and account alerts through Eno, its text-based assistant. You can lock your card if you lose it or if it’s stolen to immediately prevent anyone from using it until you can report it stolen. Finally, Capital One offers virtual credit card numbers you can use while shopping online, so you don’t have to share your real credit card number over the internet. 

Capital One Platinum’s Fees 

The Capital One Platinum card doesn’t come with a lot of fees—and none of them are out of line with industry standards.

Источник: https://www.thebalance.com/capital-one-platinum-review-4693260

Capital One has positioned itself as a recognized financial brand in America, celebrated as one of the nation’s top 10 largest banks. Its identity as a banking authority doesn’t come without a considerably large product backing.

Whether you’re looking to build credit, take advantage of cash back bonuses, or need a card to support your travel expenses, Capital One (not to be confused with the less-respected Credit One) offers consumers a selection of cards designed to support a variety of lifestyle habits and necessities.

Cash Back Rewards

Although Capital One labels some of its cards as being for excellent credit, that’s a fairly loose requirement and it doesn’t necessarily mean you need credit scores above 800. In most of those cases good credit history should suffice, although there’s more to the application decision than just credit scores.

Rewards
Spending Rewards
  • 8% cash back on tickets at Vivid Seats
  • 4% cash back on:
    • Dining
    • Entertainment
    • Streaming Services
  • 3% cash back at Grocery Stores
Introductory Bonus
  • $300 cash bonus for spending $3,000 in the first 3 months
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR15.99% - 24.99% Variable
  • Balance Transfer Fee$0
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRN/A
  • Late FeeUp to $39
  • Returned Payment FeeSee Terms
  • Additional Cards Annual Fee$0
  • Foreign Transaction FeeNone

The information related to Capital One Savor Cash Rewards Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

The Capital One Out of state deer tag south dakota Cash Rewards Credit Card is made for foodies, with a focus on dining out. If your typical habits include the daily coffee trip or frequent nights out on the town you could find valley state bank garden city ks good value here, but check out the SavorOne below for a similar no-fee option.

Rewards
  • Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99% - 24.99% variable APR after that
  • No foreign transaction fee
  • No annual fee
Rewards
Spending Rewards
  • 8% cash back on tickets at Vivid Seats (through January 2023)
  • 3% cash back for:
    • Dining
    • Grocery stores
    • Streaming Services
    • Entertainment
  • 1% cash back on all other purchases
Introductory Bonus
  • $200 cash bonus for spending $500 in the first 3 months
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APR0% intro on balance transfers for 15 months
  • Regular Balance Transfer APR14.99% - 24.99% Variable
  • Balance Transfer Fee3%
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeN/A
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One SavorOne Cash Rewards Credit Card is a lesser version of the Savor, but that doesn’t make it a worse card. Its (slightly) lower rewards are compensated by no annual fee and an intro APR, and depending on how much you’ll spend on dining and entertainment, it could easily be a better pick than the Savor.

Rewards
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited capital one platinum mastercard points cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99%-24.99% variable APR after that
  • $0 annual fee and no foreign transaction fees
Rewards
Spending Rewards
  • 1.5% cash back on all purchases
Introductory Bonus
  • $200 cash bonus for spending $500 within 3 months of account opening
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APR0% intro on balance transfers for 15 months
  • Regular Balance Transfer APR14.99% - 24.99% Variable
  • Balance Transfer Fee3%
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeN/A
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One Quicksilver Cash Rewards Credit Card is a solid flat-rate card, without any category restrictions to consider. This makes it ideal to fill in the gaps between the bonus categories of your other cards. If you can’t qualify for this card you may qualify for the QuicksilverOne below, which is similar but with an annual fee.

Rewards
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Earn cash rewards without signing up for rotating categories
  • Be automatically considered for a higher credit line in as little as 6 months
  • Monitor your credit profile with the CreditWise® app, free for everyone
  • $0 fraud liability if your card is ever lost or stolen
  • No limit to how much cash back you can earn, and cash back doesn't expire for the life of the account
  • Help strengthen your credit for the future with responsible card use
  • Get customized alerts and manage your account with the Capital One mobile app
Rewards
Spending Rewards
  • 1.5% cash back on all purchases
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR26.99% Variable
  • Balance Transfer Fee$0 at this Transfer APR
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeSee Terms
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One QuicksilverOne Cash Rewards Credit Card could be a capital one platinum mastercard points choice if your credit isn’t the best. This credit card offers decent flat-rate rewards with no limit but lacks a one-time bonus, and comes with a small fee.

Insider tip

Capital One cash back has no expiration date, and, unlike cash back earned with many issuers, can be redeemed in any amount. This allows you to redeem whenever and in whatever increment you’d like for the life of the account.

Travel Rewards

Card & RewardsAnnual FeeCredit Level
Capital One Venture X Rewards Credit Card
  • 10X miles per dollar for Hotels and Rental Cars booked through Capital One Travel
  • 5X miles per dollar for Flights booked through Capital One Travel
  • 2X miles per dollar for every other purchase
  • 100,000 bonus miles for spending $10,000 in the first 6 months; up to $200 in statement credits for vacation rental purchases like Airbnb and VRBO
$395Excellent
Capital One Venture Rewards Credit Card
  • 2X miles per dollar on all purchases
  • 60,000 bonus miles for spending $3,000 in the first 3 months
$95Excellent
Capital One VentureOne Rewards Credit Card
  • 1.25X miles per dollar spent on all purchases
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
$0Excellent
Rewards
  • Earn 100,000 bonus miles when you spend $10,000 on purchases in the first 6 months from account opening, equal to $1,000 in travel
  • Limited-time Offer: Receive up to $200 back in statement credits for vacation rentals charged to your account within your what is capital works deductions year
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get our best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel, plus unlimited 2X miles on all other purchases
  • Escape the airport crowd and recharge before your flight with unlimited access to all-inclusive amenities at the Capital One Lounge and at 1,300+ Priority Pass lounges worldwide
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
Rewards
Spending Rewards
  • 10X miles per dollar for Hotels and Rental Cars booked through Capital One Travel
  • 5X miles per dollar for Flights booked through Capital One Travel
  • 2X miles per dollar for every other purchase
Introductory Bonus
  • 100,000 bonus miles for spending $10,000 in the first 6 months; up to $200 in statement credits for vacation rental purchases like Airbnb and VRBO
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR16.99% - 23.99% Variable
  • Balance Transfer Fee$0 at this Transfer APR
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeN/A
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One Venture X Rewards Credit Card is a new entry, coming with access cd rates today chase bank the new Capital One Travel airport lounges. Cardholders get complimentary access with two free guests, and additional guests have a reduced fee. You won’t find many Capital One lounges yet, but the card also has a Priority Pass Select membership to back it up.

There’s a nice selection of valuable travel perks, like a $300 annual credit, annual bonus miles, and fee credits for Global Entry or TSA PreCheck.

Rewards
  • Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get our best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • No foreign transaction fees
Rewards
Spending Rewards
  • 2X miles per dollar on all purchases
Introductory Bonus
  • 60,000 bonus miles for spending $3,000 in the first 3 months
Balance transfers

A balance transfer is a fidelity bank and trust charles city iowa to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR15.99% - 23.99% Variable
  • Balance Transfer Fee$0 at this Transfer APR
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeN/A
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One Venture Rewards Credit Card was created for travelers of all kinds. You can transfer miles to participating airline partners, and you’ll even get an expedited airport security statement credit — a rare find on a card at this fee level.

When you redeem for travel with Capital One, there are no blackout dates or seat restrictions whatsoever, and your miles will never expire.

Rewards
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get our best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Enjoy 0% intro APR on purchases and balance transfers for 15 months; 14.99% - 24.99% variable APR after that
Rewards
Spending Rewards
  • 1.25X miles per dollar spent on all purchases
Introductory Bonus
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APR0% intro on balance transfers for 15 months
  • Regular Balance Transfer APR14.99% - 24.99% Variable
  • Balance Transfer Fee3%
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeNone
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The information related to Funny words that start with m One VentureOne Rewards Credit Card has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.

If you like the Venture card but you’d rather not pay an annual fee, the Capital One VentureOne Rewards Credit Card might suit you better. You’ll earn rewards at a lesser rate, and the welcome bonus is smaller, but you’ll also get a 0% intro interest rate.

Insider tip

In addition to your usual redemption options, Capital One travel rewards cards offer an interesting feature known as the Purchase Eraser. It allows you to redeem your rewards to cover past travel purchases.

Building Credit: Unsecured and Secured Credit Cards

Rewards
  • Pay no annual fee
  • Be automatically considered for a higher credit line in as little as 6 months
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier. Just hover your card over a contactless reader, wait for the confirmation, and you're all set
  • 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 build your credit through responsible use of a card like this
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR26.99% Variable
  • Balance Transfer Fee$0 at this Transfer APR
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeN/A
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

The Capital One Platinum Credit Card is a simple card made for people with average or limited credit, and could make a good stepping stone up to more rewarding credit cards. Consider it if you’re still navigating the credit-building process and are having trouble qualifying for better cards, but also check out the Journey Student card below, a similar option but with cash back rewards (it doesn’t require you to be a student).

Rewards
  • No annual or hidden fees. See if you're approved in seconds
  • Building your credit? Using the Capital One Platinum Secured card responsibly could help
  • Put down a refundable security deposit starting at $49 to get a $200 initial credit line
  • You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
  • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
  • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
  • Monitor your credit with CreditWise from Capital One. It's free for everyone and frc lung volume your credit does not hurt your credit score
Balance transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

  • Intro Balance Transfer APRN/A
  • Regular Balance Transfer APR26.99% Variable
  • Balance Transfer Fee$0 at this Transfer APR
How to Transfer a Balance on a Credit Card
Fees
  • Penalty APRNone
  • Late FeeUp to $40
  • Returned Payment FeeNone
  • Additional Cards Annual FeeN/A
  • Foreign Transaction FeeNone

If your credit is poor and you’re ready to work your way back up, the Capital One Platinum Secured Credit Card can help you do just that.

As a secured card it requires a security deposit to fund your credit line, but in this case you’ll be asked to make a starting deposit of $49, $99, or $200, depending on your creditworthiness. No matter which amount you’re required to deposit, you’ll get an initial credit line of $200 (you can deposit more for a higher credit line).

It’s a small credit limit, but most secured cards give you a limit that simply matches your deposit. The Capital One Secured card also automatically considers you for a higher credit line after six months, another feature that sets it apart from other cards of this type.

Student Credit Cards

Источник: https://www.creditcardinsider.com/credit-cards/capital-one/

Capital One Quicksilver vs. Capital One Platinum: Which One Is Right For Your Wallet?

Different kinds of credit cards cater to different types of customers. Some cards, for example, are easy to qualify for and are designed to help you build credit. Others are intended instead to maximize rewards — but may be restricted to customers with top-notch financial credentials.

The Capital One Platinum Card is one of the first types, designed for those with fair credit who want a card with no fees. The Capital One Marquette savings bank rates Cash Rewards Card is one of the second, offering great cardholder perks but only to borrowers with good or excellent credit.

It's important to explore all your options to see which card meets your needs, so let's take a close look at each to find out whether the Quicksilver vs. Platinum is the better choice for you.

Capital One Quicksilver vs. Capital One Platinum

Both the Capital One Quicksilver and the Capital One Platinum Mastercard charge no annual fee and no foreign transaction fees. But that's where the similarities end. Here's what you need to know about the key features of each of these two cards.

Capital One Quicksilver Cash Rewards Credit Card

Capital One Quicksilver

Capital One Platinum Credit Card

Capital One Platinum

Annual fee$0 $0
Early spend bonusEarn a $200 cash back bonus after spending $500 in the first 3 months of account opening Unlimited access to CreditWise: a free monitoring tool that won't damage your score
Earning rate1.5% cash back rewards on every purchase, every day
Redemption methods
  • Cash
  • Statement credit
  • Gift cards
  • Paypal
  • Amazon
N/A
Intro APR0% intro APR on new purchases for 15 months (then 14.99% to 24.99% (variable))N/A
Annual creditsNone None
Travel perks
  • Complimentary concierge service
  • 24-7 travel assistance services
  • Travel accident insurance
N/A
Other benefits
  • Extended warranty
  • 0% introductory APR
  • "Eno" virtual assistant
  • Automatic credit line reviews after six months
  • "Eno" virtual assistant
Foreign transaction feeNone None
Credit neededGood, ExcellentFair
Learn how to applyLearn how to apply

What both cards excel at

The Capital One QuickSilver is a $0-annual-fee card, and it charges no foreign transaction fees. This makes it affordable for use both at home and abroad. The Capital One Platinum also has no foreign transaction fee and a $0 annual fee.

The Capital One Quicksilver also offers several convenience features that make shopping and using your card simple. This includes Eno, the Capital One Virtual Assistant that's available 24/7 to answer questions and that monitors your card romantic restaurants in san jose provide you with alerts, as well as Tap to Pay.

The same convenience services are available with the Capital One Platinum. The Platinum card comes with Eno, and Tap to Pay, so you can use a virtual assistant to get alerts and use your card for contactless transactions.

5 important differences between Capital One Quicksilver vs. Capital One Platinum

Although both cards offer similar benefits, there are important differences between the Quicksilver and the Platinum related to qualifying requirements; new cardmember bonuses; rewards; interest costs; and the credit building tools each card offers. You need to consider these differences when you compare credit cards.

1. Credit requirements

The Capital One Platinum card is designed to help cardmembers build credit over time with responsible use. Fair credit borrowers might qualify for this card, which makes it a great option if you don't have much of a credit history or if you have a fair credit score. You can also find out if you're pre-approved for this card without damaging your credit score. Typically, when you apply for a new card, you get a hard inquiry on your credit report that doesn't drop off for two years. Too many inquiries hurts your score, so you don't want to waste a hard inquiry on a card you can't qualify for.

The Quicksilver, on the other hand, is targeted towards borrowers with good to excellent credit. The qualifying requirements for this card are much more stringent, so this us air force academy is likely a better fit for people who don't need help improving their credit.

2. Rewards

The Capital One Quicksilver provides 1.5% cash back rewards on every purchase, every day, and there's no limit to how much cash back you can earn. While the Quicksilver's earning rate isn't as generous as what you might get with other cards, like the Chase Freedom Unlimited, it offers a simple, easy rewards program. You don't have to worry about activating bonus categories, or keeping track of what types of purchases earn you extra rewards.

The Platinum card, on the other hand, doesn't offer a rewards program at all. Although this is common among cards that help you improve your credit score, some credit-builder cards do provide at least some points, miles, or cash back.

If you’re interested in earning rewards, the Quicksilver is your best option out of the two cards. Learn more in our Capital One Quicksilver Cash Rewards review.


3. New cardmember bonus

When you sign up for the Quicksilver, you can earn a one-time $200 cash back early spend bonus. Although you have to fulfill spending requirements — specifically, charging $500 worth of purchases on your card in the first 3 months after opening the account — this is still a reasonably generous bonus.

By contrast, there's no new card member bonus for the Platinum card.

4. Introductory interest rate

As a new card member, you'll be eligible for a 0% intro APR on new purchases for 15 months with the Quicksilver card. After the introductory rate expires, your regular interest rate on the card will increase to the card’s regular variable APR, which is 14.99% to 24.99% (variable).

The Platinum card doesn't offer an introductory APR; instead, the standard interest rate applies right away.

5. Credit building tools

Both the Quicksilver and the Platinum Card amazon fire stick account access to Creditwise via the Capital One website or mobile app. Creditwise is a useful personal finance tool that allows you to see your credit score an unlimited number of times, monitor your credit profile, and use features designed to help you build credit. And it's free to use, even if you don't have a Capital One card.

Only the Platinum Card offers automatic credit line reviews, though. Once you've become a cardholder, Capital One will review your financial situation after six months and you could potentially be granted a credit usaa home claims phone number increase. A higher credit line not only gives you more borrowing power, but it might also help raise your credit score by making it easier to maintain a favorable credit utilization ratio.

The Quicksilver card doesn't come with automatic credit line increases, so if you want more borrowing power, you'd have to call and request it.

The Platinum Card could be your best option out of the two if you have fair credit and you’re looking for a card that offers automatic credit line increases. Learn more in our Capital One Platinum Card review.


Which card should you choose?

The best credit card for you will depend upon your unique financial situation. If you have good credit and can qualify for the Capital One Quicksilver Cash Rewards Card, it's likely a better option than the Capital one platinum mastercard points One Platinum Card.

With the Quicksilver, you'll benefit from access to a rewards program, which Platinum card doesn't offer. You'll be eligible for a new cardholder bonus the Platinum card wouldn't provide. And you'll get cardholder perks the Platinum doesn't offer including travel accident insurance, an introductory APR, and an extended warranty on eligible products.

If your credit is only fair, though, the Platinum could be a good option to help you build credit. The process of automatic credit reviews after six months to see if you're eligible for a credit limit increase is a major benefit of the Platinum card for people trying to build credit.

FAQs

Which is better, the Capital One Quicksilver or the Capital One Platinum?

The Capital One Quicksilver could be better suited for those with good to excellent credit than the Capital One Platinum. That's because it offers rewards when the Platinum Card doesn't, and it also provides better cardholder perks.

The Platinum, however, is likely a better option for those with fair credit who will not qualify for the Quicksilver. The card is designed to help you get access to an increasing line of credit over time as your financial credentials improve.

What credit score do you need for the Capital One Quicksilver?

Capital One indicates that you need good to excellent credit to qualify for the Quicksilver. Although the company doesn't specify a minimum credit score, you’ll likely need to meet the following parameters to qualify:

  • No record of payments that were more than 60 days late during the past year
  • At least a three-year history of having a loan or credit card with a minimum $5,000 limit.
  • No past bankruptcies or loan defaults in the past five years.

Generally, a good FICO credit score falls within the 670-739 range. Any score exceeding this lands in the very good to excellent range.

What credit score do you need for the Capital One Platinum?

Capital One's Platinum card is available to borrowers with "fair" credit. Capital One doesn't specify exactly what credit score the company considers to be "fair" credit. However, it defines fair credit as:

  • Defaulting on a loan in the past five years OR
  • Having a personal credit history that is shorter than three years long

Generally, a fair FICO credit score falls within the 580-669 range.

What is the credit limit for the Capital One Platinum?

The minimum credit limit on the Capital One Platinum capital one platinum mastercard points is $300. However, you may associated bank 24 hour telephone banking eligible for a larger credit line depending on your financial situation.

Does Capital One offer automatic credit line increases?

The Capital One Platinum card, and certain other Capital One Cards, offer automatic credit line reviews. That means Capital One will look at your financial credentials after six months without you having to ask them to.

However, you aren't guaranteed a credit line increase when they review your credentials. You could potentially earn one if you've shown you're a responsible customer that makes monthly payments on time.

The bottom line

The Capital One Quicksilver Cash Rewards Credit Card and the Capital One Platinum Credit Card are both good options that cater to people in very different situations.

If you have a limited credit history or average credit, the Capital One QuicksilverOne Cash Rewards Credit Card may also be worth a look. This card does come with a small annual fee of $39, but cardholders can earn unlimited 1.5% cash back on every purchase — a perk that the Platinum card doesn't offer.

Those with good or excellent credit might want to consider the Citi Double Cash Card. Like the Quicksilver, this credit card offers a $0 annual fee and flat-rate cashback rewards — cardholders get up to 2% cash back on all purchases: 1% as you buy and 1% as you pay. And while you won't earn a sign-up bonus with the Citi Double Cash, it does offer a generous 0% intro APR on balance transfers for 18 months (then 13.99% to 23.99% (variable)).

If you're interested in looking at options from other credit card issuers, check out our picks for the best cashback credit cards on the market.

Author Details

Christy Rakoczy

Christy Rakoczy Christy Rakoczy has a Juris Doctorate from UCLA Law School with a focus in Business Law, and a Certificate in Business Marketing with an English Degree from The University of Rochester. As a full-time personal finance writer, she writes about all things money-related but her special areas of focus are credit cards, personal loans, student loans, mortgages, smart debt payoff strategies, and retirement and Social Security. Her work has been featured by USA Today, MSN Money, CNN Money and more, and you can learn more at her LinkedIn profile.

More posts from Christy Rakoczy >

Источник: https://financebuzz.com/capital-one-quicksilver-vs-platinum

Capital One Aspire Cash Platinum Mastercard

Please note: All information about Capital One Aspire Cash Platinum Mastercard has been collected independently by Finder and this card is not available through this site.

Are you looking to earn cash back rewards on everyday purchases? If so, the Capital One Aspire Cash Platinum Mastercard could be for you.

This Mastercard lets you earn 1% cash rewards for every $1 spent on all purchases. There’s no limit to the amount of cash rewards you can accrue and the rewards themselves never expire. See if the Capital One Aspire Cash Platinum Mastercard is right for you.

Capital One Canada isn’t your traditional bank, so don’t expect to get offers for chequing, savings and investment accounts. What Capital One Canada does offer is a full suite of credit cards that can help you build and repair your credit.

Capital One Canada shouldn’t be compared with the major banks because it isn’t one. It doesn’t offer traditional bank accounts or investment services. If you’re looking for a credit card, Capital One Canada has many of the same offerings as the Big Five banks.

Compare credit cards for November 2021

Must read: Capital One reviews and complaints

Capital One‘s Aspire Cash Platinum Mastercard has been met with generally positive reviews. On Mastercard’s website, the card has an average user rating of 4.3 out of 5 stars based on around 400 reviews. The Aspire Cash Platinum Mastercard scores very well for online experience, customer service and account benefits.

The main benefits of the Capital One Aspire Cash Platinum Mastercard include the following:

  • No annual fee. You can get this card without having to pay an annual fee.
  • Generous rewards. This card lets you earn 1% cash rewards for every $1 spent on all purchases. There’s no limit to how much you can earn and there’s no expiry on your cash rewards.
  • Easy to redeem. Rewards can be redeemed online with just a few clicks.
  • Add authorized users. You can earn more rewards by adding an authorized user to your account for no additional fee
  • Travel benefits. Your Aspire Cash Platinum Mastercard covers you for travel accidents, car rental collision and baggage delay

Before you sign up for an Aspire Cash Platinum Mastercard, consider the following:

  • High interest rates. Even though you’ll save on annual fees, you’ll pay 19.8% local banks with free checking any outstanding balances, cash advances and balance transfers.
  • Credit limit. As with most Capital One Mastercards, the credit limit on this card is likely to be lower than some of the competition.

For customer service requests, you can call Capital One toll free at 1-800-581-3239 to speak to a representative. Customer support is also available on Twitter and Facebook. Questions submitted on social media are usually addressed within one business day.

Источник: https://www.finder.com/ca/capital-one-aspire-cash-platinum-mastercard

Find the card that fits your life

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      • The NEW AARP(registered trademark) Essential Rewards Mastercard (registered trademark) from Barclays

        The NEW AARP® Essential Rewards Mastercard® from Barclays

        • Earn a $150 Cash Back Bonus

          after spending $500 on purchases in the first 90 days

        • Earn 3% Cash Back

          on Gas & Drug Store purchases

        • Earn 2% Cash Back

          on Medical expenses

        • $0

          Annual Fee

      • AAdvantage(Registered Trademark) Aviator(Registered Trademark) Red World Elite Mastercard(Registered Trademark)

        AAdvantage® Aviator® Red World Elite Mastercard®

        • Earn 60,000 American Airlines AAdvantage® bonus miles

        • First checked bag free

        • Enjoy preferred boarding

        • $99

          annual fee

      • Image of the Barnes & Noble Mastercard®

        Barnes & Noble Mastercard®

        • Earn a $25 Barnes & Noble Gift Card

          after your first purchase

        • Get 5% back on all Barnes & Noble purchases

          when you use your card at any Barnes & Noble store or online at bn.com

        • Earn 2x points

          for every $1 spent at restaurants (excluding Barnes & Noble Café purchases)

        • $0

          annual fee

      • Carnival(Registered Trademark) World Mastercard(Registered Trademark)

        Carnival® WorldMastercard®

        • Earn $250 off your next cruise purchase

          after spending $500 in the first 90 days

        • Get a 10% statement credit

          when you book a Carnival shore excursion

        • Earn 2X FunPoints®

          for every dollar spent on purchases with Carnival

        • $0

          annual fee

      • Choice Privileges(Registered Trademark) Visa Signature(Registered Trademark) Card

        Choice Privileges®Visa Signature® Card

        • Earn 32,000 bonus points,

          enough to redeem for up to 4 free nights

        • Earn 5 points

          per $1 spent at eligible Choice hotels

        • Earn 2 points

          per $1 spent on all other purchases

        • $0

          annual fee

      • Diamond Resorts World Mastercard(Registered Trademark)

        Diamond Resorts WorldMastercard®

        • Earn 2,500 bonus Diamond Plus Points®

          after your first purchase or balance transfer

        • Earn 500 Diamond Plus Points®

          for every $2,000 in spend (excluding down payments)

        • Earn 2X Diamond Plus Points®

          on Diamond Resorts purchases (excluding down payments)

        • $0

          annual fee

      • Emirates Skywards Premium World Elite Mastercard

        Emirates Skywards Premium World Elite Mastercard®

        • Earn 60,000 bonus Skywards Miles

          after qualifying purchases

        • Save up to $499 off on up to 4 Emirates ticket purchases

        • Enjoy Emirates Skywards Gold tier membership during your first year

        • $499

          annual fee

      • Emirates Skywards Rewards World Elite Mastercard

        Emirates Skywards RewardsWorld Elite Mastercard®

        • Earn 50,000 bonus Skywards Miles after qualifying purchases

        • Save up to $99 off on up to 4 Economy or Business Class ticket purchases

        • Enjoy Emirates Skywards Silver tier membership during your first year

        • $99

          annual fee

      • FRONTIER Airlines World Mastercard(Registered Trademark)

        FRONTIER Airlines World Mastercard®

        • Limited-Time Offer: Earn up to 60,000 bonus miles

        • Earn toward Elite Status

          by earning 1 Qualifying Mile with every $1 spent on purchases or by flying Frontier

        • Earn 5x miles

          on eligible purchases at flyfrontier.com

        • $79

          annual fee

      • Hawaiian Airlines(Registered Trademark) World Elite Business Mastercard(Registered Trademark)

        Hawaiian Airlines®World Elite Business Mastercard®

        • Earn up to capital one platinum mastercard points bonus miles

          after qualifying purchases

        • One-time 50% off companion discount

          for roundtrip coach travel between Hawaii and North America on Hawaiian Airlines

        • Earn up to an additional 40,000 bonus miles

          after qualifying purchases every year

        • $99

          annual fee

      • Hawaiian Airlines(Registered Trademark) World Elite Mastercard(Registered Trademark)

        Hawaiian Airlines®World Elite Mastercard®

        • Limited-Time Offer: Earn up to 80,000 bonus HawaiianMiles after qualifying purchases

        • First checked bag free on eligible bags

        • One-time 50%-off companion discount

          for roundtrip coach travel between Hawaii and North America on Hawaiian Airlines

        • $99

          annual fee

      • Image of the Holland America Line Rewards Visa Card

        Holland America LineRewards Visa® Card

        • 2X points

          on Holland America purchases including onboard purchases

        • No foreign transaction fees

        • 5,000 bonus points

          after first purchase

        • $0

          annual fee

      • JetBlue Business Card

        JetBlueBusiness Card

        • Earn up to 70,000 bonus points

          after qualifying purchases

        • 6X points

          on eligible JetBlue purchases

        • 2X points

          at restaurants and office supply stores

        • $99

          annual fee

      • Apply for the JetBlue Card

        JetBlue Card

        • Earn 10,000 bonus points

          after spending $1,000 on purchases in the first 90 days

        • 3X points

          on eligible JetBlue purchases

        • 2X points

          at restaurants and eligible grocery stores

        • $0

          annual fee

      • Apply for the JetBlue Plus Card

        JetBlue Plus Card

        • Limited-Time Offer: Earn 70,000 bonus points 

        • 6X Points

          on eligible JetBlue purchases

        • 2X points

          at capital one platinum mastercard points and eligible grocery stores

        • $99

          annual fee  

      • Lufthansa Miles & More(Registered Trademark) World Elite Mastercard(Registered Trademark)

        Miles & More®World Elite Mastercard®

        • Earn up to 75,000 award miles

          after qualifying account activity

        • Earn 2 award miles per $1 spent

          on ticket purchases directly from airline partners

        • Receive 2 complimentary

          Lufthansa Business Lounge Vouchers annually

        • $89

          annual fee

      • NFL Extra Points Credit Card

        NFL Extra PointsCredit Card

        • Earn 10,000

          bonus points

        • Earn 2X points

          on NFL and team purchases 

        • Financing on ticket purchases

        • $0

          annual fee

      • Priceline VIP Rewards(Trademark) Visa(Registered Trademark) Card

        Priceline VIP RewardsVisa® Card

        • Earn 5X points

          for every $1 spent on Priceline bookings

        • Earn 2X points on gas and restaurant purchases including delivery services

        • Earn 10,000 bonus points after qualifying purchases

        • $0

          annual fee

      • Princess Cruises(Registered Trademark) Rewards Visa(Registered Trademark) Card

        Princess Cruises® RewardsVisa® Card

        • Earn 10,000 bonus points

          after you use your card for the first time

        • Earn 2 points

          per $1 spent on all Princess purchases

        • Earn 1 point

          per $1 spent on all other purchases

        • $0

          annual fee

      • RCI Elite Rewards Mastercard

        RCI® Elite Rewards®Mastercard®

        • 2,500 Bonus Rewards

          after your first purchase

        • 5X Rewards

          for every $1 spent on all eligible RCI purchases

        • 2X Rewards for every $1 spent on all eligible travel purchases

        • $0

          annual fee

      • The NEW AARP(Registered Trademark)Travel Rewards Mastercard(Registered Trademark) from Barclays

        The NEW AARP® Travel RewardsMastercard® from Barclays

        • Earn a $150 Cash Back Bonus

          after spending $500 on purchases in the first 90 days

        • Earn 3% Cash Back

          on Airfare, Hotel Stays and Car Rentals

        • Earn 2% Cash Back

          on Restaurant purchases

        • $0

          Annual fee

      • Upromise(registered trademark) Mastercard(registered trademark)

        Upromise®Mastercard®

        • Earn $200 Bonus Cash Back Rewards

          after spending $500 on purchases in the first 90 days.

        • Earn 1.529% cash back rewards on your purchases when your Upromise Program account is linked to an eligible College Savings Plan, or 1.25% cash back rewards on your purchases if your Upromise Program account is not linked.

        • Upromise Round Up lets you round up your purchases so you can get more cash back rewards.

        • $0

          annual fee

      Источник: https://cards.barclaycardus.com/banking/cards/

      Citi is an advertising partner

      Jump to:Read full review

      Pros

      • $0 annual fee, balance transfer fees or foreign transaction fees

      Cons

      • Outrageously high APR, no rewards system, low credit limit

      If you have a spotty credit history or no credit history, the Capital One Platinum Credit Card is worth considering. This card offers the potential to build good credit without paying an annual fee.

      With an over-the-top APR of 26.99% (Variable), the Capital One Platinum Credit Card may seem unattractive for many consumers. However, for those with mediocre credit or starting to build their credit history, the Capital One Platinum Credit Card may be the place to start.

      Unlike many cards offered to consumers in the lower credit ranges, you won't have to worry about expensive fees with the Capital One Platinum Credit Card. This card offers a $0 annual fee and a balance transfer fee of $0 at this Transfer APR. If you don't have the best credit score, you stand a solid chance of qualifying for this card. As long as you pay your statement in full each month, this could be a decent starter card for many.

      Capital One Platinum Credit Card benefits and features

      If you don't have good or excellent credit, it can be challenging to get a credit card that offers rewards with relatively low or no annual fees. While the Capital One Platinum Credit Card does not offer any rewards, the features on this card can help you build your credit and qualify for a better option.

      No annual fee or balance transfer fees

      With a $0 annual fee, the Capital One Platinum Credit Card could be a handy tool to rebuild your credit for free. The balance transfer fee is also $0 at this Transfer APR — many credit cards charge 3%-5% to move a balance from another card. We've compared the Capital One Platinum Credit Card to measurable subprime cards to illustrate the unwarranted amount of fees you may face:

      Annual fee$0$59$35
      Foreign transaction feesNoneNone3% of each Transaction in U.S. dollars
      Balance transfer fee$0 at this Transfer APRN/AN/A
      Other feesNoneNone-Inactive account fee: $10 per month after 12 months of no activity
      -Dormant account fee: $10 per month after 36 months of no activity
      -Garnishments/levies: $150 per incident

      The biggest selling feature of the Capital One Platinum Credit Card is the minimal amount of fees that come with this card, which isn't usually the case with comparable options. With any card, it's a good idea to check if there are any hidden fees buried in the terms and conditions.

      Dangerously high APR

      The major downside to the Capital One Platinum Credit Card is its high annual percentage rate, at 26.99% (Variable). Credit cards geared at users with fair or poor credit scores notoriously carry high APRs.

      Therefore, it's crucial to never carry a balance on this card. Your initial credit limit will likely be small, so the best practice is to use less than 30% of that limit. To build your credit score, you should make small, regular charges and pay off the balance in full by the due date.

      Monitor your credit score with CreditWise

      With all Capital One credit cards, the Capital One Platinum Credit Card offers users access to the Capital One CreditWise service to monitor their credit score. If you're trying to rebuild your credit, CreditWise is a handy way to track your progress without hurting your score. Note that the score provided on CreditWise is different from your FICO Score, but both take into consideration the same factors:

      • On-time payment history
      • Credit account history
      • Credit utilization ratio
      • New credit inquiries
      • New credit or loan accounts
      • Credit limit availability

      No foreign transaction fees

      If you've used a credit card outside the U.S., you may be familiar with foreign transaction fees. These charges can be as much as 3% of your purchase when using a currency other than U.S. dollars. With the Capital One Platinum Credit Card, you won't be charged any foreign transaction fees — a compelling feature that can help you save money when traveling internationally.

      Preapproval tool

      Your credit score takes a hit every time you apply for a new credit card. Thankfully, you can use Capital One's preapproval tool to check your eligibility for the Capital One Platinum Credit Card, the Capital One QuicksilverOne Cash Rewards Credit Card and the Capital One Platinum Mastercard. The preapproval tool is a soft inquiry and will not affect your credit score — advantageous for those worried about their already rocky scores.

      How does the Capital One Platinum Credit Card compare to other credit cards?

      The Capital One Platinum Credit Card isn't the only card geared toward users with low credit. We compare this option to a few other cards, including ones that offer a rewards system.

      Capital One Platinum Credit Card vs. Citi Simplicity® Card

      The Citi Simplicity® Card comes with a unique introductory offer — an introductory APR of 0% for 12 months on Purchases and 0% for 21 months on Balance Transfers. After this period ends, your APR will be 14.74% - 24.74% (Variable), depending on your creditworthiness. You'll also have to pay a Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.

      If you've struggled with reducing your credit card debt in the past, the Citi Simplicity® Card can be a useful tool. There's a $0 annual fee with this card, but no rewards system either. Like the Capital One Platinum Credit Card, the Citi Simplicity® Card serves a particular purpose.

      Capital One Platinum Credit Card vs. Discover it® Secured Credit Card

      The Discover it® Secured Credit Card is a secured card — meaning you'll have to put down a security deposit that will determine your credit line — but comes with the potential to earn a sign-up bonus and ongoing rewards. After eight months, Discover begins automatic reviews to determine if you can transition to an unsecured credit line and have your deposit returned. If you decide to close your account, you'll receive your deposit back.

      Secured cards rarely offer a sign-up bonus, but Discover gives you an Wells fargo one 800 number Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match. The card also offers 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, 1% unlimited cash back on all other purchases - automatically.

      The Discover it® Secured Credit Card will almost always be a better option for most people, so long as you're comfortable with putting a security deposit down to open a card.

      ValuePenguin's verdict

      Everyone has to start somewhere. It's a principle that applies to a lot of things, including credit cards; in the case of starting (or restarting) to build credit, the Capital One Platinum Credit Card is a good place to start.

      As your financial situation improves and you can steadily pay your bills on time, you could upgrade to a better Capital One product, such as the Capital One Quicksilver Cash Rewards Credit Card. In any case, it's essential to recognize the how to find account number on pnc APR on this card from the get-go, stay diligent about making payments and not get in over your head.

      The information related to Capital One Platinum Credit Card, AvantCard Credit Card, OpenSky® Secured Visa® Credit Card and Discover it® Secured Credit Card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.

      Источник: https://www.valuepenguin.com/capital-one-platinum-credit-card
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