topic Re: Capital One card holders... in Credit Cards

Capital One card holders...

SwampSystems — Mon, 08 Oct 2012 00:10:56 GMT

Earlier I was revieweing my reward programs with Capital One. I already knew my Visa offers 1% cash back on all purchases with a 25% annual bonus, but I just found out that my MasterCard offers 2% back on gas and groceries and 1% back on everything else.

Does anyone else have a Capital One card like this? I haven't used the card in months; it's been sock drawered because I thought it had no benefit over my other cards.

Re: Capital One card holders...

Jlu — Mon, 08 Oct 2012 00:16:00 GMT

what's the name of the card?

Re: Capital One card holders...

jsucool76 — Mon, 08 Oct 2012 00:16:18 GMT

I believe that card no longer exists :P

Re: Capital One card holders...

SwampSystems — Mon, 08 Oct 2012 00:28:57 GMT

Jlu wrote:
what's the name of the card?

Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.

Re: Capital One card holders...

7ate9 — Mon, 08 Oct 2012 00:46:35 GMT

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.

I have this card as well. I got it in May 2011 with a $1000 limit, and it "credit stepped" up to $1500 in November of 2011. I also have a $39 annual fee, which they reimbursed me this past May after it was charged. I have no real complaint about the card. I use it quite heavily and PIF before the statement cuts. Last year I redeemed just over $200 as credit statements. My last redemption was in April, and so far I've earned about $52 since then. Maybe ten years from now I'll be one of the lucky ones who gets an auto CLI...LOL

Re: Capital One card holders...

Schadenfreude — Mon, 08 Oct 2012 00:49:38 GMT

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.

Did that new cash rewards card that Capital One came out with replace that card? I'm curious, and it sounds similiar (since I applied for it and I'm waiting for it to be sent to me since I've never had credit before!)

Re: Capital One card holders...

jsucool76 — Mon, 08 Oct 2012 01:18:59 GMT

Schadenfreude wrote:

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.
Did that new cash rewards card that Capital One came out with replace that card? I'm curious, and it sounds similiar (since I applied for it and I'm waiting for it to be sent to me since I've never had credit before!)

Seems like it. We get 1% on everything (plus 50% bonus (so effectively 1.5% on everything) which is pretty decent.

Re: Capital One card holders...

Schadenfreude — Mon, 08 Oct 2012 01:36:37 GMT

jsucool76 wrote:
Schadenfreude wrote:

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.
Did that new cash rewards card that Capital One came out with replace that card? I'm curious, and it sounds similiar (since I applied for it and I'm waiting for it to be sent to me since I've never had credit before!)
Seems like it. We get 1% on everything (plus 50% bonus (so effectively 1.5% on everything) which is pretty decent.

The acceptance letter they sent me said that it's a 50% bonus once a year; is it every year in December, or once a year on the date when you activated the card?

Re: Capital One card holders...

jsucool76 — Mon, 08 Oct 2012 01:49:10 GMT

Schadenfreude wrote:
jsucool76 wrote:
Schadenfreude wrote:

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.
Did that new cash rewards card that Capital One came out with replace that card? I'm curious, and it sounds similiar (since I applied for it and I'm waiting for it to be sent to me since I've never had credit before!)
Seems like it. We get 1% on everything (plus 50% bonus (so effectively 1.5% on everything) which is pretty decent.
The acceptance letter they sent me said that it's a 50% bonus once a year; is it every year in December, or once a year on the date when you activated the card?

You get it on every anniversary of the card :P So once a year from the date you activated.

Re: Capital One card holders...

Schadenfreude — Mon, 08 Oct 2012 01:54:33 GMT

jsucool76 wrote:
Schadenfreude wrote:
jsucool76 wrote:
Schadenfreude wrote:

SwampSystems wrote:
Jlu wrote:
what's the name of the card?
Shows up on my account as Platinum MasterCard. It's a No-Hassle Cash rewards card. IIRC it had a 9-month 0% intro APR that is now 19.8%, and it had a $39 annual fee which I have since had permanently removed.

EDIT: It was also a Credit Steps card. Opened at $500, went up to $750.
Did that new cash rewards card that Capital One came out with replace that card? I'm curious, and it sounds similiar (since I applied for it and I'm waiting for it to be sent to me since I've never had credit before!)
Seems like it. We get 1% on everything (plus 50% bonus (so effectively 1.5% on everything) which is pretty decent.
The acceptance letter they sent me said that it's a 50% bonus once a year; is it every year in December, or once a year on the date when you activated the card?
You get it on every anniversary of the card :P So once a year from the date you activated.

Good to know, I'll have to mark that date on the calendar in my phone whenever I receive the card & activate it! Thanks!