Capital One has eliminated the Platinum Prestige bank card from its on-line choices, with no phrase as as to if it would return or not. The Platinum Prestige card supplied Capital One’s lowest rate of interest at a proportion as little as 10.9%. It additionally supplied a 0% charge on new purchases in addition to on stability transfers for roughly 15 months. Geared towards clients with glorious credit score, the Platinum Prestige has been a aggressive card in its class.
We e-mailed Capital One for extra info on the standing of the Platinum Prestige card, however didn’t obtain a reply.
Nonetheless, whereas the Platinum Prestige Card could also be gone, a brand new card — the Quicksilver for Balance Transfers — has appeared, with phrases much like the Platinum Prestige, but in addition with a 1.5% rebate on all card purchases. It gives the identical 0% introductory charge on purchases and stability transfers because the Platinum Prestige. (Stability transfers do have a 3% payment, which is commonplace within the card trade.)