A low credit score costs you more money. It also makes you a red flag for credit card companies. Your best bet is a card with low fees, no hidden charges, and a chance to upgrade.
Since Capital One is famous for such cards, your next question should be: Which Capital One credit cards are easiest to get? Luckily, we have the best answer right here.
Which Capital One Credit Cards Are Easiest to Get?
When considering the easiest to get Capital One credit cards, base your choice on your financial situation. Preferably, your preferences should be practical, low-maintenance cards. Here are three top cards that fit this criteria:
- Capital One Platinum Secured Card
- Capital One QuicksilverOne Rewards Card
- Capital One SavorOne Cash Rewards Card
| Card | Annual Fee | APR | Rewards |
|---|---|---|---|
| Capital One Platinum Secured Card | $0 | 29.99% | No rewards |
| Capital One QuicksilverOne Rewards Card | $39 | 29.99% | Unlimited 1.5% return on purchases |
| Capital One SavorOne Cash Rewards Card | $0 | 19.99% – 29.99% | Unlimited 3% return on purchases |
Capital One Platinum Secured Card
You can get approved for this card even if you don’t have a credit history. It is best for:
- Building credit score from the ground up
- Damaged credit after recovering from bankruptcy
- A stepping stone to high-tier Capital One cards
The Platinum Secured Card is designed to upgrade your creditworthiness. Your credit limit can increase within the first six months if you show a responsible financial attitude,
Rewards
While disappointed at the lack of rewards, we like its straightforward approach. It provides a path to improve your credit score, which was good enough for us.
Fees
This card has no hidden fee. You don’t have to pay:
- Annual fee
- Foreign transaction fee
- Replacement card fee
- Authorized user fee
You must pay penalties for missed or late payments, though. Also, you incur a high APR of 29.99% if you carry a monthly balance.
Security Payment
You get a minimum credit line of $200 for depositing $49, $99, or $200. Card issuers collect security deposits to help you stay on the timely payment track.
You can increase your credit limit to $1,000 if you deposit more than $200. Furthermore, you can get your deposit back if:
- You upgrade to an unsecured card.
- You close your card account and clear your dues.
Capital One QuicksilverOne Rewards Card
You don’t have to pay a security deposit with the QuicksilverOne Rewards card. Also, you can build credit and earn unlimited rewards with it.
Hands down, we love 24/7 access to our credit reports and scores through CreditWise. It proved beneficial for us because we planned our:
- Card usage
- Payment timings
- Credit transfers
According to our credit score hikes. It helped some of us quickly move from the Fair to the Good score category.
Rewards
You earn an unlimited 1.5% cash back on purchases. You won’t get rotating categories with any Capital One card. You also get a complimentary Uber One monthly membership until November 14, 2024.
Fees
You pay a $39 annual fee for this card. Additionally, you incur a 29.99% APR on purchases and cash advances. You will also be charged a 4% balance transfer fee. Finally, you pay a 5% charge for cash advances.
Extra Benefits
You can enable AutoPay so that you don’t miss monthly payments. You can monitor who you pay through a list of recurring merchants on the bank’s website.
In addition to an exempted foreign transaction fee, you get an emergency card replacement service. Also, you can make contactless payments by tapping your card on the reader.
Capital One SavorOne Student Cash Rewards Card
It is your best option if you are a college or university-enrolled student who:
- Buys their own grocery
- Loves to unwind after a long day
- Has to travel frequently
- Dines out
- Likes to binge-watch in their free time
We would particularly recommend the SavorOne Student Cash Rewards card to students who like to explore local sights. Capital One rewards you for visiting:
- Amusement parks
- Zoos
- Movie Theaters
- Aquariums, pools
- Bowling Alleys
Rewards
You earn an unlimited 3% cash back on dining, entertainment, select streaming services, and grocery stores. Note that the bank does not recognize superstores as grocery stores.
You also get a $50 bonus for spending $100 within the first three months. You also get a 10% return on purchasing Uber services, i.e., Uber and Uber Eats. This offer is valid until November 14, 2024. So, you must hurry if you want to avail it.
You are eligible for an 8% cash back for spending on the entertainment categories we listed above. What’s more, you get a 5% return for booking hotels and rental cars through the bank’s Travel portal.
Fees
Enjoy a $0 annual fee, perfect for students on a budget. However, you must pay for:
- Balance transfers – 4% or $4 (whichever is greater)
- Cash advances – 5% or $5 (whichever is greater)
- Late payments – Up to $40
You don’t pay a foreign transaction fee, though. Also, your APR depends on your creditworthiness. You can incur anywhere between 19.99% – 29.99%.
Related Questions
Is It Easy to Get Approved for a Capital One Credit Card?
Getting approved for a Capital One credit card is easy, particularly if looking at low-tier cards. You can get them even with less-than-perfect credit. Your chances of approval may vary based on your credit history and the card you apply for.
How Fast Is Capital One Credit Card Approval?
Approval times for Capital One credit cards are quick. Mostly, you could receive a decision instantly after applying online. Sometimes, the bank might take up to 10 business days to decide. It may be because they need more documents, or some details might need to be entered correctly.
Which Capital One Card Is Better, Platinum or Quicksilver?
The Quicksilver card is better than the Platinum because of its benefits. You can earn unlimited 1.5% cash back on purchases. Furthermore, you get a 0% introductory APR period. On the other hand, you don’t pay an annual fee with the Platinum card. Conclusively, your choice for either card depends on your financial needs.
Conclusion
You can get almost any Capital One card; they have options for every credit score. However, the Platinum Secured, the QuicksilverOne Rewards, and the SavorOne Student Cash Rewards are eligible for any credit score. You can use them to build creditworthiness and eligibility for top-tier cards.