This question is about the Capital One Platinum Credit Card
Paddy Sullivan, WalletHub Credit Card Advisor
@PaddySully
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.
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 cancheck your credit score for free, right hereon WalletHub.
This answer was first published on 10/21/22 and it was last updated on 01/12/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
I am not happy with card at all. Yes. It was the first card that I applied for and was approved with a $300 limit. I have this card over 2 years and have not raised my credit limit once. I have applied for an increase several times in the last two years but "Notta", nothing. I finally called them a couple of weeks ago and was told that the reason I'm denied is because I had a card previously which is true and during when I was laid off my job I had to let it go into collections. So at that time I had a balance of less than $175. It was sold to a junk debt buyer who has added on a huge amount of interest. I offered to pay the balance to Cap One but they cannot accept because they don't own it, they wrote it off therefore the got a tax credit. They will not increase my limit until I pay this junk debt buyer the extoration money they want. They won't budge on the amount (probably because it's very little to begin with). So, if you have an old debt with Cap One and they approve you for a low limit card, I suggest you pay the old debt off before it's sold because evidently they have a relationship with junk debt buyers and will do the collection work for them! I wonder what they receive on return? 😡
People Also Apply For
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Capital One Platinum Secured Credit Card
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Capital One Venture Rewards Credit Card
Topaz, Member
@topazw
Your credit score definitely does not have to be in the 600's.. I promise you that my credit score was 511 when I got approved for a $300 unsecured Capital One Platinum Card. My card will be arriving sometime next week.
This answer was first published on 02/05/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
Michael, Member
@Mrmikeymoo
My FICO score was 550 at time of approval.
However I had no debt, except student loans. Debt was all paid off 1 month before application, and total debt was under $5,000.
This answer was first published on 12/05/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
People also ask
What credit score do you need for a Capital One credit card?
You need a credit score of at least 700 (good credit) for the best Capital One credit card offers. However, other options are available for people with lower scores. It is possible to get approved for a credit card from Capital One with limited credit history or a bad credit score, for example.
Capital One Credit Score Requirements by Card
- Capital One Venture Rewards Credit Card (see Rates & Fees): 700 (Good credit)
- Capital One VentureOne Rewards Credit Card (see Rates & Fees): 700 (Good credit)
- Capital One Quicksilver Cash Rewards Credit Card (see Rates & Fees): 700+ (Good credit)
- Capital One SavorOne Cash Rewards Credit Card (see Rates & Fees):...
How can I increase my credit score quickly?
The fastest ways to improve your credit score are to pay down your balances, dispute incorrect information on your credit report, make more frequent payments, and reduce credit utilization. Credit utilization (how much of your credit limits you use each month) contributes to a portion of your credit score that accounts for 20% - 30% of your overall score. So, an adjustment there can result in a big credit boost pretty quickly. Similarly, you can dispute...
What does credit score mean?
A numeric representation of your credit history and creditworthiness. Some people may refer to it as the FICO Score, which is the most popular type of score.
Nevertheless it is important to know that there are thousands of credit scores and a lot of lenders also build and use their own proprietary scores.
Our Thoughts:
The higher your score, the better your credit. Paying your debts on time can help your credit score skyrocket. It's...
mirby24, Member
@mirby24
I got approved with a 604 FICO score. I actually owe Capital One. I was shocked that I was approved.
This answer was first published on 06/06/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
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WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Capital One Savor Cash Rewards Credit Card and Journey Student Rewards from Capital One
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