There is no Capital One member fee because you don’t have to pay just to be a customer. And there are no member dues or anything like that because Capital One is a bank, not a cooperative like a credit union. But there are some Capital One member fees for specific credit cards. For example, Capital One Venture does not have a membership fee the first year your account is open but charges $95 per year after that.
Capital One credit card membership fees can be charged as annual fees or monthly fees (annual fee divided by 12). Whether you’re charged by year or by month depends on how you apply. If you apply online, it will be set up for annual and you’d have to call customer service after approval to ask to switch to monthly. If you apply by phone, you can choose to have a monthly fee right from the start, if you want.
Not every Capital One card has a membership fee, and those that do charge such a fee differ in the price.
Here are the Capital One member fees by card:
- Capital One Platinum: $0
- Capital One SavorOne: $0
- Capital One Secured: $0
- Capital One Quicksilver: $0
- Capital One QuicksilverOne: $39 annually/$3.25 monthly
- Capital One Venture: $95 annually/$7.92 monthly ($0 the first year)
- Journey Student Rewards from Capital One: $0
As you can see, many Capital One cards don’t charge a membership fee at all. If your card is one of the few that does, the fee will be charged to your card like a normal purchase. That will happen each year after your account anniversary (or right away the first year).