What is the Capital One Platinum deposit?

The easiest way you can make a Capital One Platinum payment is either online or over the phone, by calling the number you see on the back of your card. Alternatively, you can make a payment in person, or by mail.

Here’s how you can make a Capital One Platinum payment:… read full answer

• Online: Log in to your account on com or the Capital One mobile app, then go to the “Accounts Summary” page and click on the Capital One Platinum followed by “Pay Bill.” After that, enter the information for the bank account you’re using to pay your Capital One Platinum’s bill. The money should be taken out in less than 24 hours.
  
  Be sure to submit the payment by the due date each month to avoid late fees. It’s also possible to set up auto pay online, where Capital One automatically withdraws a payment each month so you don’t have to remember to do it manually.
• Over the phone: If you decide to pay your Capital One Platinum by phone, call the number you see on the back of your card and enter your card number to speak to a representative. Then, give them the same bank account info that you’d enter online.
• In person: If you’d like to make a Capital One Platinum payment in person, there are several ways you can do so. You can go to a Capital One branch and pay there. Or, you can pay at Western Union or MoneyGram, but you’ll need to have your credit card number on hand to complete the transaction.
• By mail: To pay by mail, send a check or money order to:
  
  Capital One
  Attn: Payment Processing
  PO Box 71083
  Charlotte, NC 28272-1083
  
  Overnight Address
  
  Capital One
  Attn: Payment Processing
  6125 Lakeview Rd
  Suite 800
  Charlotte, NC 28269
  
  Write your account number on the check or money order. Capital One doesn’t accept cash by mail.

Keep in mind that payments via regular mail take the longest time to post. So, in order to avoid being late, always send your payments at least 5-7 days before your due date.

You can request a Capital One Platinum Credit Card credit limit increase online, through the Capital One mobile app, or by calling customer service at the number on the back of your card. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Capital One has on file. Capital One will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.… read full answer

How To Get a Capital One Platinum Credit Limit Increase Online

1. Log in to your online account or the Capital One mobile app.
2. Choose the Capital One Platinum card from the list of account options (if you have more than one Capital One card).
3. Click “I Want To...,” and then “Request Credit Line Increase.”
4. Enter your total annual income, employment status, occupation, how much you will spend monthly on the card, your mortgage or rent payment amount, and your desired credit limit.
5. Confirm the information entered and click “Submit” to complete the request.

You should receive a decision in just a few seconds. If you’re approved for a Capital One Platinum credit limit increase, the new limit is effective immediately.

Impact of a Capital One Platinum Credit Limit Increase on Your Credit Score

When you request a Capital One Platinum credit limit increase, Capital One will conduct a soft pull of your credit report, which does not affect your credit score. However, some Capital One Platinum credit limit increase requests may involve a hard pull, which will cause a short-term dip in your credit score. Capital One cannot do a hard pull without your permission.

Alternatively, you could be eligible for a Capital One Platinum credit limit increase without even requesting one. The Capital One Platinum card may offer an automatic credit limit increase if Capital One’s regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase involves a soft pull, which does not affect your credit score.