What is the best Capital One first time credit card? This question is about Capital One Credit Cards

What is the best Capital One first time credit card?

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This question is about Capital One Credit Cards

Lisa Cahill, Credit Cards Moderator

@lisacahill • 04/16/22 This answer was first published on 04/07/21 and it was last updated on 04/16/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The best Capital One first time credit card is the Capital One Platinum Credit Card because it is available to people with limited credit and has a $0 annual fee. This card doesn’t require a security deposit to open an account, and it comes with the opportunity for a higher credit limit in as little as 6 months.

Best Capital One First Time Credit Cards

Best For No Annual fee: Capital One Platinum Credit Card
Best For Rewards: Capital One QuicksilverOne Cash Rewards Credit Card
Best For Students: Journey Student Rewards from Capital One
Best For Credit Building: Capital One Platinum Secured Credit Card

To give you a bit more context, the Capital One QuicksilverOne Cash Rewards Credit Card is Capital One’s first time credit card for rewards, giving 1.5% cash back on all purchases. But it comes with a $39 annual fee.

For students, there’s the Journey Student Rewards from Capital One, which has a $0 annual fee and gives 1% cash back on all purchases, 1.25% when paying the bill on time (except for 5% back on hotels and rental cars booked through Capital One Travel).

Another Capital One first time credit card option is the Capital One Platinum Secured Credit Card. It’s also designed to help people establish credit. It reports to the major credit bureaus just like an unsecured credit card, except that you’ll have to pay a refundable security deposit to open the account. You’re guaranteed a starting credit limit of $200 with an initial deposit of either $49, $99 or $200, depending on the specifics of your credit history.

How To Qualify For The Best Capital One Credit Cards

It’s important to note that when you’re a first-time credit card user, you normally have no credit history. A Capital One first time credit card is ideal for helping you establish that credit. In time, you’ll qualify for some of the best Capital One credit cards with lower interest rates, higher credit limits, and better rewards and benefits.

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Best Capital One Credit Cards for No Credit

Build Credit: Capital One Platinum Credit Card
Cash Back: Capital One QuicksilverOne Cash Rewards Credit Card
No Annual Fee: Capital One Quicksilver Secured Cash Rewards Credit Card
For Students: Journey Student Rewards from Capital One

All these cards will allow you to establish a credit history and build a good credit score over time. But you have to pay the bills on time and keep your spending in check. Keep in mind that if you pay your bill on time for the first six months, you’ll also be considered for a credit limit increase.

Ultimately, if you’re not loyal to Capital One, you can check our editors’ latest picks for the best credit cards for people with no credit to weigh your options.

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What are the Capital One credit card requirements?

The main Capital One credit card requirements are that an applicant must be at least 18 years old with a valid Social Security number or Individual Taxpayer Identification number. Applicants must also meet specific residency, income, and credit requirements. Some requirements may vary depending on the card.

Capital One Credit Card Requirements… read full answer

18+ years old

Physical U.S. address (no P.O. boxes)

Proof of enough income to make the monthly minimum card payment

bad to good credit or better

Social Security number or ITIN

Checking or savings account

If you apply for a Capital One card, it’s important that you enter all required information completely and accurately. Knowingly reporting false or misleading information on a credit card application is a federal crime.

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What is the easiest Capital One credit card to get?

The easiest Capital One credit cards to get are the Capital One Platinum Secured Credit Card and the Capital One Quicksilver Secured Cash Rewards Credit Card. Both cards are available to applicants with bad credit and require a refundable security deposit, making them easier to get approved for than Capital One’s unsecured credit card offers.… read full answer

Easiest Capital One Credit Cards to Get

Bad Credit Capital One Platinum Secured Credit Card
Bad Credit Capital One Quicksilver Secured Cash Rewards Credit Card
Limited Credit: Capital One Platinum Credit Card
Limited Credit: Journey Student Rewards from Capital One
Limited Credit: Capital One Quicksilver Student Cash Rewards Credit Card
Limited Credit: Capital One SavorOne Student Cash Rewards Credit Card
Limited Credit: Capital One Spark Classic for Business

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Your credit score isn’t the only thing that will affect your ability to get approved for a Capital One credit card. Your income and debt will play a big role, too. But figuring out which Capital One credit card to apply for doesn’t have to be a guessing game. Capital One lets you check which of its cards you pre-qualify for, without hurting your credit score. Pre-qualifying for a card means your odds of approval are very high, should you decide to submit an official application.

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