The best Capital One starter card is the Capital One Platinum Credit Card because it is available to people with limited credit and has a $0 annual fee. Capital One Platinum does not offer rewards, but it does help cardholders build credit by reporting to the three major credit bureaus monthly. Plus, cardholders become eligible for a credit limit increase in as little as 6 months.
That’s not the only option, though. Capital One offers several good starter cards. They include credit cards for students, rewards cards, business credit cards, and even options for people with damaged credit. Which you choose really depends on who you are and how much you plan to spend.
Best Capital One Starter Cards
For people with no credit who expect to spend at least $2,600 per year, Capital One QuicksilverOne is the best starter credit card Capital One has to offer. It gives 1.5% cash back on all purchases, with no earning limit, but charges a $39 annual fee. Folks looking for a fresh start might want to begin with Capital One Platinum Secured for high approval odds. It requires a deposit of $49, $99 or $200 but guarantees a $200 credit limit.
One great quality that all Capital One starter cards share is $0 foreign transaction fees. No Capital One credit cards charge them. So, you won’t have to pay extra when buying from foreign-based merchants. All Capital One starter cards also offer $0 balance transfer fees, though they do not have any kind of introductory 0% APR on balance transfers.
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