How hard is it to get the Capital One Platinum?

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.

It generally takes around 7 to 10 business days for a new Capital One credit card to arrive, although sometimes it can take less than that. But there is no way to request expedited shipping for new cards. To get a replacement card, on the other hand, takes 4-6 business days. Plus, if you pay for expedited delivery, it will only take 2-3 business days. ... read full answer

Here’s how long it takes for a Capital One credit card to arrive:

• New cards take around 7-10 business days to arrive, following account approval. You can’t pay to speed this up.
• Replacement cards take 4-6 business days to arrive. You can cut that timeframe in half by paying the expedited delivery fee.
• You may receive a decision instantly. However, sometimes it can take 7-10 business days for Capital One to process your application.
• You can expect to have your Capital One credit card in hand anywhere from 2 weeks to a month after you apply.
• Eligible cardholders can use their Capital One credit card before it arrives if they download the Capital One app. The app shows you all the card details. Keep in mind that not everyone is eligible for this feature.

If you’re in the market for a Capital One credit card, there are plenty of good options. You can check out our editors’ latest picks for the best among them and weigh your options.

The Capital One Platinum credit limit is $300 or more, depending on your creditworthiness. So, you’re guaranteed at least a $300 spending limit if you’re approved for the card, and if your credit score and income exceed what Capital One is looking for, you could definitely start off with a higher limit.

Keep in mind that you aren’t stuck with your starting Capital One Platinum credit limit forever. Capital One may increase your limit if you make your first 6 payments on time. You can also request an increase yourself. Many users report their limits increasing over time.

Here are some Capital One Platinum credit limit details:

• You’re guaranteed a credit limit of at least $300 if you’re approved for Capital One Platinum.
• Capital One Platinum accepts applicants with limited. If you have good credit or a lot of income relative to your debt, you’ll likely start with a higher limit.
• Capital One may increase your credit limit after you make your first 6 monthly payments on time. After the first 6 months, they will review your account periodically to see if you deserve a higher limit. Pay more than the minimum each month, if possible, to boost your chances.
• You can request a credit limit increase yourself by calling customer service at (800) 227-4825. You can also log into your Capital One account. Just choose “Request Credit Line Increase” from the “Services” tab. You’ll have to provide information about your income and employment for Capital One to make their decision.

So, you’ll get $300+ from Capital One Platinum to start. If you use your card responsibly, you’ll provide yourself with opportunities to increase your limit. But it’s best not to ask for an increase before six months of on-time payments, as you’ll probably be denied. If you do request an increase, Capital One may generate a hard inquiry, or “hard pull,” of your credit report. This will cause a slight drop in your credit score. That’s pretty standard.