Here’s how to apply for the Capital One Platinum card:
Online: Applying for the Capital One Platinum card online is the fastest and most straightforward way. You can either do it on sites like WalletHub or through their own website. Usually, a decision is provided instantly when you apply online. You will need to fill out a form with your personal, contact, and financial information.
Over the phone: You can also apply for the Capital One Platinum card over the phone at (800) 695-5500. When prompted, just say that you want to apply for this card and you will be connected to a representative.
At a branch: Another way to apply for the Capital One Platinum card is at a Capital One branch. Download the Capital One app or use this locator to find the nearest one.
Capital One Platinum uses all the major credit bureaus (TransUnion, Equifax and Experian) when deciding whether to approve you or not. The good side is that, if you do get approved, the issuer will report the card to all three, so you won't have to worry whether it shows up on your file everywhere or not.… read full answer
Yes, applying for the Capital One Platinum will result in a hard pull on your credit report. It is an unsecured credit card designed for people with limited credit (less than 3 years of credit history).
If you want to gauge your Capital One Platinum approval odds, you can check for pre-approval on Capital One's pre-approval page. Unlike an actual application, pre-approval will not affect your … read full answercredit score as it is based on a soft pull. However, if you get pre-approved and want to get the card, you will need to submit an actual application which will result in a hard pull on your credit report.
A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months. You can also check out some tips on how to minimize the credit score damage caused by a hard pull.
The credit score that you need for the Capital One Platinum Credit Card is at least 640. The Capital One Platinum Credit Card is also available to people with limited credit history, which means you may be able to get approved even without a credit score.
Other Capital One Platinum Approval Requirements
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Capital One Platinum Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer
If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Capital One Platinum credit score requirement. You can check your credit score for free, right here on WalletHub.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.