The Capital One® Platinum card is designed for those who have an average credit history and plan to take advantage of the common platinum benefits.
The best feature of this card is the low interest rate on purchases and balance transfers, plus it has a $39 annual fee. There is also a 0% APR on purchases until December 2008. This card provides common benefits and services including extended warranties for purchases and no liability for unauthorized purchases. Cardholders are also eligible to receive exclusive savings: up to 40% on featured deals and 10% on everything else at Capital One® Saving Zone(SM) on Yahoo! Shopping.
Therefore, those who have an average credit history and will take advantage of the reasonably low interest rates as well as the common platinum benefits will benefit most from what the
Capital One® Platinum card has to offer.
Review Date: August 20, 2008
Note: The review on this card was updated on August 20, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Intro Rate (Intro APR):
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0% on Purchases until December 2008 |
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Intro Applied Towards:
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Purchases |
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Additional Intro Details:
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A 0% introductory rate is available on purchases until December 2008. See terms and conditions for complete details. |
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Purchase APR:
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8.65% |
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Cash APR:
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22.65% |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
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Annual Fee:
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$39 |
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Additional Cardholders:
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$0 |
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Grace Period:
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25 Days |
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Late Payment Fee:
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Balance of $0 - $99.99 = $15 fee; balance of $100 - $249.99 = $29 fee; balance of $250 or more = $39 fee |
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Over the Limit Fee:
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Credit limit of $0 - $499.99 = $19 fee; credit limit of $500 - $999.99 = $29 fee; credit limits of $1,000 or more = $39 fee** |
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Cash Advance Fee:
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3% of amount of the cash advance, but not less than $10. |
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Balance Transfer Fee:
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None |
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Minimum Credit Limit:
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$300 |
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Maximum Credit Limit:
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$3,000 |
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Most Attractive Feature(s):
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| Common platinum benefits; 0% introductory rate; reasonably low APR on purchases. |
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Least Attractive Feature(s):
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| No extraordinary benefits or discounts. |
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Additional Features:
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$0 Fraud Liability for unauthorized use if your card is lost or stolen.
24/7 customer support and online account service.
Platinum Benefits including extended warranties, travel accident insurance, and 24-hour roadside assistance. |
| This card is for applicants with Average Credit. *See Capital One® important disclosures for more information. **Your over-the-credit-limit fee will be based on the amount of your credit limit at the time the fee is applied. |
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