Rewards cards are surely an abundant thing, what with every credit card company and bank vying for your attention. However, it seems that Capital One’s Cash Credit Card has some pretty awesome quirks that may just make you seal the deal. This card from Capital One is giving away a 50% additional bonus on the cash back that you’ve earned for the year! That’s like having a 13 month pay which we all know is a treat.
Capital One Cash Credit Card Features
Here’s the thing, aside from getting a 50% bonus every year on the amount of cash back that you’ve earned, you can also get a one-time $100 bonus for all new account openers. You can get your extra $100 after you’ve spend $500 using your card for the first 3 months of card opening. You can also enjoy a regular cash back of 1% on every purchase that you make. The good thing is, you can get your cash back at any time that you want it, however you want it.
Capital One’s Cash Credit Card also offers a low APR – in fact, it offers a 0% APR up until December 2012. So if you open your card this January, you can use this card to transfer any balance you might have on an existing credit card without having to worry about growing interest. Transfer APR is also 0% until December 2012. After that, a variable rate of 14.9 -20.9% will apply. One more perk that the card offers is that consumers get to have a grace period of 25 days on purchases. So if you’ve spent more than you can afford on a particular month, you’re given an extra 25 days to come up with the money.
The card also offers other benefits such as a $0 Fraud Liability if your card has been stolen or used without your authorization. You also get 24 hour travel assistance. As for those who love to shop big, the card has no pre-set spending limit, giving you the flexibility to make the purchases that you want.
Capital One’s Card isn’t called a Cash Credit Card for nothing because it really offers more on your cash. With a welcome bonus, 0% introductory APRs, plus that 50% bonus cash back, your credit card life is sure to be looking up this 2012.