All about the Capital One Platinum Mastercard

Whether you’re new to credit or rebuilding your credit, applying for a credit card can be a big decision. The first step is finding a card that meets your needs. And if it comes with helpful benefits, that can be even better. 

That’s where the Platinum Mastercard comes in.

What you’ll learn:

• The Platinum Mastercard is for people with fair credit. If it’s used responsibly, by doing things like paying statements on time every month, it could help build or rebuild credit.

• The Platinum Mastercard has no annual fee and doesn’t require a security deposit. View important rates and disclosures.

• Platinum Mastercard holders are automatically considered for a credit limit increase in as little as six months.

• The Platinum Mastercard can help you keep your money safe with features like security alerts and $0 fraud liability for unauthorized charges.

The Platinum Mastercard is an unsecured credit card for people with fair credit. 

If you’re establishing or rebuilding your credit, the card might help you get the credit you need—with no annual fee and no security deposit. View important rates and disclosures.

The Platinum Mastercard comes with a variety of benefits, including:

Budgets can be tight when you’re building credit. That’s why the Platinum Mastercard gives you the credit you need with a $0 annual fee. View important rates and disclosures. Other cards for people in this stage of their credit journey sometimes charge an annual fee.

With the Platinum Mastercard, you’ll automatically be considered for a credit limit increase in as little as six months. Using your card responsibly could increase your chances of receiving an increase.

Not every credit card issuer reports credit activity to the credit bureaus, but Capital One does.

Speed, simplicity, security and touch-free use are benefits of having a contactless credit card like the Platinum Mastercard. Hold or tap it on a contactless-enabled reader, wait for the confirmation, and you’re all set. 

To see whether a card or merchant terminal is contactless, look for four curved lines that resemble the Wi-Fi symbol turned on its side.

With the Platinum Mastercard, you don’t have to pay foreign transaction fees when you use your card outside the U.S. View important rates and disclosures.

Capital One offers helpful tools for managing your Platinum Mastercard account wherever you are.

You can manage your Platinum Mastercard account anywhere, anytime with the Capital One Mobile app. You can check your balance, view your transactions, get alerts, pay your bill and more.¹

Eno looks out for you and your money around the clock. It can reach out if it spots something unusual on your account, like a duplicate charge. You can also ask Eno questions about your account online, in the mobile app or through text.²

You can shop online more securely with virtual cards, which are randomly generated card numbers that are linked to your credit card account. When you shop with virtual card numbers, your actual card number is not shared with the merchant.

You can access your virtual card from Capital One by signing in to the Capital One Mobile app. Or use virtual cards by adding Eno to your browser^2,3 or by adding your Platinum Mastercard to Google Pay.

Sometimes, keeping track of bill payment due dates can get a little complicated. If you’d rather have your Platinum Mastercard payments made automatically each month, you can set up AutoPay for your account.

The Platinum Mastercard can help protect your account and identity with security features like: 

• Fraud alerts: When you add your mobile phone number to your account, you’ll get notified if Capital One notices potentially suspicious activity.

• Card lock: Card lock can help if your card is ever lost or stolen. With just a few taps, you can easily lock your card from being used to make most new purchases. And unlocking it when the issue’s resolved is just as easy.⁴

• $0 fraud liability: If your card is lost or stolen, you won’t be responsible for unauthorized charges.⁵ View important rates and disclosures.

Here are a few commonly asked questions about the Platinum Mastercard:

The Platinum Mastercard is for people who are building or rebuilding their credit. Some of its benefits include a $0 annual fee and no security deposit. View important rates and disclosures. Plus, cardholders are automatically considered for a credit limit increase in as little as six months.

You could see whether you’re pre-approved for the Platinum Mastercard. It’s quick and won’t impact your credit scores. Or you could compare the Platinum Mastercard to other Capital One cards to see if there’s a better fit for you.

New to credit or looking for your next credit card?

• Check for pre-approval offers with no risk to your credit score.

• Earn unlimited 1.5% cash back on every purchase, every day with Quicksilver.

• Explore Capital One’s credit cards for building credit with responsible use.