• Editor's Rating: 9.0
  • Consumer Rating: (4 ratings) 9.8
Intro APR: 0%
Regular APR: 8.90%
Annual Fee: None
Intro Period: Until October 2009
Balance Transfer: Yes
Credit Needed: Excellent

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  • Save with a 0% intro APR until October 2009 on purchases and balance transfers
  • Then enjoy a variable APR, now 8.9%
  • Save time and money by transferring higher-rate balances so you can make one easy payment each month
  • No annual fee

EDITORS' RATINGS OVERALL SCORE

9.0

Overall

The Bottom-Line

A good, no-frills basic card with low APR and no annual fee.

The Good

Offering a low APR on both purchases and balance transfers, this is a good basic card for anyone desiring to transfer balances from a higher-interest credit card.

The Not So Good

Not much negative. While the interest rate is low and great for balance transfers, it does not include any rewards or cash back incentives.

CARD DESCRIPTION

The Capital One® Platinum Prestige card is a terrific low rate credit card with one of the best regular interest rates around.  With an excellent credit rating, you could get a credit limit as high as $20,000 and platinum extras such as 24-hour roadside assistance, travel accident insurance and exclusive access to the Capital One ® Saving Zone(SM) on Yahoo! Shopping.

The Capital One Platinum Prestige Visa card is a classic, simple, no-frills card with everything you want and none of the stuff you don't. It comes with low introductory and purchase interest rates and no annual fee. This also makes it a great card for someone looking to transfer balances from another card with high interest rates.

You can enjoy a 7.9% APR on purchases and balance transfers as well as no annual fee. Your APR does not increase because you go over your credit limit or make a payment late only once. Just like tradition with Capital One, this card attempts to keep your fees and penalties as minimal as possible. The Capital One Platinum Prestige card does not offer any cash back or rewards programs.

Read Customer Reviews (Last Reviewed: Aug 06, 2008)

DETAILED EDITORS' RATINGS

8.0

Benefits

The biggest benefit of this card is the low APR especially for anyone with a high-interest balance to transfer.

9.0

Fees

No annual fee, no transfer fees.

8.5

Regular APR

Regular APR: 7.9%