Yes, you can withdraw money from your Capital One Platinum card at an ATM, as long as you have a PIN. This transaction is considered a cash advance. You can request a cash advance PIN for your Capital One Platinum through your online account or by calling customer service at the number you see on the back of your card.
If you don't have a PIN, you can get a cash advance inside a bank lobby that displays the Visa or Mastercard credit card logo. You’ll also need to provide a government-issued photo ID like a driver's license along with your Capital One Platinum card.
How to Withdraw Money from Your Capital One Platinum Card at an ATM
- Log in to your online account or call Capital One customer service at the number you see on the back of your card and request a PIN, if you don’t already have one.
- Insert the credit card at an ATM and enter the PIN.
- Select the cash advance option on the ATM screen.
- Enter the amount you’d like to withdraw.
- Withdraw the cash and remove the credit card from the ATM.
Before you withdraw money from your Capital One Platinum card, it’s important to note that it is a very expensive transaction. For starters, there’s a cash advance fee of 5% (min $5). There’s also a separate cash advance APR of 29.99% (V) that applies as soon as you withdraw the cash. There may be ATM-owner fees, too.
This answer was last updated on 01/12/24 and it was first published on 07/13/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.