From Yahoo Finance: 2025-03-20 18:32:00

The Capital One Platinum Credit Card is a good option for those with poor to fair credit. It offers a $0 annual fee and the opportunity for credit line increases with responsible card use. While it lacks rewards, it provides access to CreditWise for credit monitoring. No foreign transaction fees make it ideal for international use.

For those looking for rewards, the Capital One Platinum Card may not be the best choice. However, it offers benefits like automatic credit line reviews and access to CreditWise. It can help improve credit over time and does not charge monthly or annual fees. Consider other cards as your credit improves for more rewards.

Capital One is a reputable issuer that ranks high in customer satisfaction. The Platinum Card is available for those with fair credit and has no annual fees. The high APR of 29.99% makes it important to pay off balances in full monthly. There are no rewards or additional perks like travel insurance.

If the Capital One Platinum Credit Card doesn’t suit you, consider alternatives like the Quicksilver Secured Cash Rewards Card. It requires a refundable security deposit and offers cash back rewards on purchases. Over time, you can earn your deposit back and qualify for a higher credit limit. The OpenSky Secured Visa is another option with no credit check required and rewards on select purchases.

For college students with limited credit history, the Capital One Savor Student Cash Rewards Card is a good choice. It offers cash back rewards across various categories and a $50 bonus after spending $100 in the first three months. No annual fee makes it a great option for those building credit.



Read more at Yahoo Finance: A bare-bones card for building credit