Are you looking for the Capital One Credit Card Application steps? Anyone who has been looking forward to adding the card to his/her fleet of cards must be in a trail for the card details, review and application guide. Well, we understand your concern. Hence, here we have provided a detailed review of the Platinum Credit Card by Capital One.
The Capital One Platinum Credit Card is a simple credit card with no annual fee and exclusive opportunities for increasing credit limit over time. If you have got average credit, then the credit card is something you can easily get approved.
However, it has high-interest rates associated with it. After you make 5 payments on time you will be able to apply for a higher credit limit. The card might be handy for ones who are looking forward to building credit. Capital One Bank offers a wide range of services including online account management benefits to the Platinum Credit Card customers. The most outstanding feature of the card is that there is no balance transfer fee associated with it.
Capital One Platinum Credit Card Benefits
- One of the foremost benefits of the Capital One Platinum Credit Card is that it can be approved even with an average credit score.
- It does not burden you with a high annual fee.
- There are no charges for foreign transactions.
- You can earn rewards on using the credit card for making purchases at grocery stores, gas stations and more.
- Get covered by $0 fraud liability. Thus you will not be liable for fraudulent activities.
- 24×7 easy online credit management and mobile banking apps.
Credit Card Rate and Fee
- The APR Rate for the Capital One Platinum Credit Card is 22.97%-26.97% based on your creditworthiness.
- You will have to pay 26.97% as APR for cash advances.
- The due date is 25 days after the close of each billing cycle.
- Annual Fee is $0.
- No transfer charges are levied by the bank.
- $10 or 3% of the amount is paid for cash advances.
- If you are late with payments then you have to pay $38 as late payment fee.
Capital One Platinum Credit Card Review
The Capital One Platinum Credit Card packs a wide range of platinum features. It does not have an annual fee or any foreign transaction charges. A credit card is a standout option for every individual who is looking forward to obtaining a low maintenance credit card.
Adding the credit card inside your wallet can be a good decision. It can help you increase credit score as well as manage finances. Furthermore, one can enjoy the Platinum MasterCard benefits which include- price protection, auto rental insurance, travel accident insurance, roadside assistance, and extended warranty coverage.
The customer can stay away from the penalty APR for late payment. If you ever failed to make the credit card bill payment on time you would not be burdened with a higher APR. Howbeit, you need to pay $35 as late payment fee.
Credit Requirements for the Capital One Platinum Credit Card
- For approval, the credit card applicant needs to have a good or excellent credit score.
- The applicant must have a Social Security Number.
- Be a resident of the United States.
How to Apply for a Capital One Platinum Credit Card
Step 1– In order to obtain the Platinum Credit Card, you need to visit the application page [www.capitalone.com/credit-cards/platinum] of the Capital One Platinum Credit Card.
Step 2– Scroll down and you will find the application form here. Enter the following details in the personal information section:
- Complete Name
- Date of Birth
- Social Security Number
- Select whether you are a U.S. citizen
Step 3– Proceed to the contact information section and enter the following data:
- Residential Address
- Email Address
- Primary Phone Number
Step 4– Now the financial information requires the following information:
- Select whether you have any bank account
- Choose employment status
- Total annual income
- Monthly rent/mortgage
Step 5– Enter additional information, check the box below if you have reviewed and agreed to the terms and conditions.
Step 6– View information disclosures and click ‘Continue’.
Check Application Status
If you have submitted the application then you can view the status of your application. To check your status you need to call on 1-800-903-9177.
Activate a Capital One Platinum Credit Card
Step 1– For activating a new Capital One Credit Card, go to the activation page www.capitalone.com/support-center/credit-cards/activate.
Step 2– For activating card online one needs to be registered in online banking. Log into your account and click on the ‘activation’ link there.
How to Log in
Step 1– For signing into an existing credit card account you must visit the login page of the Capital One Bank https://verified.capitalone.com/sic-ui/#/esignin.
Step 2– At the center of the webpage, there will be a login section. Enter the username and password linked to your account and click ‘Sign In’.
How to Reset Username or Password
Step 1– In case of lost login credentials you will be required to navigate to the login page and click on the ‘Forgot Username or Password?’ link below the ‘sign in’ widget.
Step 2– Enter some basic information including last name, SSN and birth date to verify identity and reset the password.
How to Enroll
Step 1– In order to set up online access, one needs to go to the enrolment page of the Capital One Bank verified.capitalone.com/enroll.
Step 2– Enter the Last Name, SSN and Date of Birth to find the account and set up internet banking.
Capital One Platinum Credit Card Bill Payment
Pay Bills Online
Step 1– For paying bills online the customer is needed to sign into his/her online banking account.
Step 2– Once logged in there will be the ‘Bill Payment’ button on the account management console. Click the option, enter a payment method and confirm payment.
Pay Bills through Mail
For repaying your credit card bills via mail you need to prepare a check and send it to the address below:
Capital One Attn:
PO Box 30285 Salt Lake City, UT 84130-0285
Capital One Bank Overview
Capital One Financial Corporation is the issuer of the Capital One Platinum Credit Card. It offers a wide range of credit cards that are handy in day to day cash management as well as meet further requirements of the customers. The bank is based in the United States with its headquarters at Virginia. The Capital One Investing and Paribus are the subsidiaries of the financial institution.
At the verdict, you might consider the Capital One Platinum Credit Card a card that is worth obtaining. For new customers, the review and benefits of the credit card are worth reading. If you are thinking of getting the card inside your wallet then we recommend that you glance at the review provided above.
However, if you are an existing credit card customer then you can find everything related to account management, account recovery and bill payment.