Abby McCole, Member
@abby_mccole
There is no Capital One Platinum inactivity fee, so you can use it as often as you like.
With that said, it is also worth noting that Capital One usually closes Capital One Platinum if you haven't used it for over a year, and only after notifying you. So, you should use your Capital One Platinum at least once per year.
Lastly, keep in mind that "inactivity" means that there has been no purchase, transaction or balance on the account.
Capital One Platinum Credit Card
People also ask
How often should I use my credit card to keep it active?
You should use your credit card at least once every three months to keep it active. However, make sure you use it more often than that if you want your credit score to improve at a faster rate. Not all issuers have the same policies when it comes to credit card inactivity. Some might never close an inactive card, while others might do it after only a few months. But there aren’t any major credit card companies that state they’ll close...
read full answerWhat happens if you don't use your credit card?
The short answer is that nothing is likely to happen if you don’t use your credit card for a few months. Not using your card could actually help your credit score if you have a $0 balance when you stop (contrary to some common myths about keeping a small credit card balance being beneficial).
The longer answer is that exactly what happens if you don’t use your credit card depends on which card you...
read full answerWill Capital One close a credit card for inactivity?
Yes, Capital One will close a credit card for inactivity after an extended period of time, but only after contacting the cardholder first. Capital One doesn't provide a specific time frame for closing credit card accounts due to inactivity, but it’s usually longer than 12 months.
What you should know if your Capital One credit card account is inactive:
- When the account has been inactive for too long, Capital One will notify the...
Did we answer your question?