Highest credit limit on capital one platinum card

Overall card rating

4.4

from Credit Karma members

Most helpful positive review

Rebuilding My Credit Scores

Credit Karma Member

This is my first unsecured credit card since declaring bankruptcy. I had to apply twice before getting approved for it. The first time, I didn't meet their Income threshold. The second time, I was approved for a 500 limit. Still too soon to see any major changes to my Scores 601 to 607, as of August 2022.

Most helpful negative review

$75 Surprise Fee!!! After using card once

Credit Karma Member

Suppose to be No Fee!!!!! Lies!!!

Member ratings

All member reviews (2032)

5 stars

1216

4 stars

324

3 stars

100

2 stars

61

1 stars

331

Just approved 11/22/22. Will update in a month.

Credit Karma Member

Unsecured $500 limit CC. Approved with the following scores. Credit Karma Displayed TransUnion: 570's Credit Karma Displayed Equifax: 660's Capital One Displayed "Creditwise": 540's

Capital one is horrible

Credit Karma Member

DONT APPLY

Credit Karma Member

Card was okay for my small limit of $500. I would pay it off in full everytime I used it to avoid debt. Not even 2 months after having the card, they closed the account unexpectedly which dropped my credit score over 70 points. I was new to building credit so this really hurt my score. Now I am rebuilding my credit score below average at 650. Stay away!

Okay

Credit Karma Member

They give you a credit card and then they punish you for using it every time you use it your credit goes down you make on Time payments and you're score still goes down, why do they give you a limit if you're not allowed to use it again you get punished for having a credit card and you get punished for making lunchtime payments

DO NOT APPLY!

Credit Karma Member

I'm disabled with seizures and it took me years to rebuild my credit. In 2021 I finally got my score up to 720 and applied for this card. I was approved, but after I looked closer at the interest rate I decided not to proceed with the deposit. Well guess what? Simply changing my mind dropped my credit score ONE HUNDRED AND SEVEN points! My credit is ruined! All I did was change my mind and years of hard work and responsible payments were flushed down the toilet. Disgusting!

Raising my score

Credit Karma Member

I got this credit card through Experian and it was to raise my credit score it didn’t. It actually went down.

Worst customer service

Credit Karma Member

Beware !! Fees!! Fees!! I was charged $10 for a Venmo transaction.

So far so good

Credit Karma Member

Credit karma said I had poor chances of getting approved but applied anyways and was approved with $1,000 limit and my credit score was in the 560's I also have capital one secured card of $200 and pay that off multiple times a month so I don't know if that helped me get this unsecured card or not but either way I was approved with a low credit score

Denied!

Credit Karma Member

CK stated I had a outstanding chance on getting approved and nope! Totally denied!

This card helped me fix my credit

Credit Karma Member

This card literally saved my finances. When was younger I didn't care about credit, racked up collections and my score was abysmal. I didn't use credit for sometime and my score leveled off to 600. This was the second card I applied for (PayPal Credit approved me first) and since I've had it, and used it responsibly my score has gone up 200 points. Thanks to this card, and Capital One for giving me a chance at redemption. I now have excellent credit and don't use this card much anymore, but if you're in a similar situation like I was, and just need someone to give you a chance... This is the card for you. They will give you a low credit limit, but just buy or pay one bill a month with it, and you'll see your credit on the uptick within a few months!

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What is the highest limit on Capital One Platinum card?

The Capital One Platinum maximum credit limit can be as high as $3,000 according to online cardholder reports, but it will depend entirely on the specifics of each applicant's credit and their overall financial situation. Most cardholders get credit limits of at least $300, though.

Does Capital One Platinum increase limit?

Credit Limit Increase With the Platinum Mastercard, you'll automatically be considered for a higher credit limit in as little as six months. Unlike a Platinum Secured Credit Card, there is no security deposit. Capital One will review your account and notify you if you've been approved for additional credit.

What credit score do you need for platinum Capital One?

The recommended FICO® Score range for the Capital One Platinum Credit Card is 580 to 669, which is considered fair credit. On its website, Capital One describes this card as being for consumers who have defaulted on a loan in the last five years or who have a credit history of less than three years.

What is the highest credit limit for Capital One secured credit card?

If this is your first credit card, it could be because you need one to start building credit history and, eventually, a good credit score. The minimum security deposit on the card is an appealing feature. You can pay $49, $99 or $200 and receive a credit line ranging from $200 to $1,000.