When applying for a Capital One unsecured credit card, you will need to provide some basic identifying and financial information. Once approved, you can activate your account online or by phone. You can also opt for the Capital One mobile application. Once approved, however, you must note that prequalifying does not automatically mean that you will receive a Capital One credit card. After all, a full credit check may reveal details that were not apparent during a soft credit pull. If you have bad credit, you can still qualify for the card if you meet their minimum requirements.
With an unsecured credit card, you can access credit without putting up any money as a security deposit. The card works like a regular credit card and allows you to make purchases, rent a car, and pay bills. If you have outstanding debts, you can use this card to pay those bills and get access to revolving credit. Capital One will refund the deposit minus any balances if you are still using it.
For people with bad credit, a Capital One Platinum credit card may be the best choice. It has a low annual fee and is approved even for individuals with fair credit. It also has the added benefit of being one of the few no-fee unsecured credit-building cards on the market. As long as you pay your balance in full every month, the Capital One Platinum card will help you rebuild your credit. And the benefits don’t stop there.