Tommy S Davidson, WalletHub Analyst
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 credit 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.
Capital One Platinum Credit Card
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