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Capital One Platinum Preferred

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Anonymous
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Capital One Platinum Preferred

Just curious what all of you know about this card.  I can only find one recent thread on it and it seems to be a relatively new offering from Cap1.  It is one of three cards that I am currently pre-qualified for through Cap1 along with QS1 and regular Platinum.

 

Is this still a sub-prime card?  Entry-level prime card?  My offer has 0% for 9 months and a 17.99% interest rate.  The other post, some people had rewards and others didnt, but they also had higher interest rates.  My current thought is maybe they are creating paths to different cards with PC.  For example: Platinum -> QS,1 Platinum Preferred-> QS,  and then from there the really good cards.  I could be wrong, but it kind of makes sense to me!

 

Anyone willing to share some knowledge or data points?  Looking to app for a new card next month and am trying to decide which direction to go.

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