Capital One® Standard Platinum |
The Capital One® Standard Platinum card is deisgned for people with a limited credit history - normally those who are young or who otherwise need to begin building up a credit history. Because of this, the card is obtainable by borrowers with a credit rating that is average or lower. It's a good card if you're looking to take your credit rating in a positive direction.
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- 0% on purchases until October 2008. After that, variable APR, currently 17.8%
- No annual fee
- Exclusive savings: up to 40% on featured deals and 10% on everything else at the Capital One Saving Zone on Yahoo! Shopping
- No balance transfer fees
- $0 Fraud Liability for unauthorized use if your card is lost or stolen
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| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
3 Months* |
17.8%* |
None* |
None* |
Needs Improvement* |
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The Capital One® Standard Platinum Card - Interest Rates
The Capital One® Standard Platinum does have a 17.8% interest rate, but that is to be expected of a card for people with poor credit. It's important to remember that having no credit history is as detrimental than continually defaulting on credit card payments. So it is advisable to sign up for a credit card for the sole purpose of building a solid credit history. Though the card does have a high interest rate than other cards, building a good credit history can be the foundation to apply for a card with a lower rate.
Discounts and Rewards with the Capital One® Standard Platinum
One the best selling points about this card is 40% savings on featured products, and 10% savings on Yahoo! Shopping and other locations. The card also lives up to its "Platinum" name, offering services such as travel insurance, accident insurance, roadside assistance, and extended warranties.
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