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.
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.
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.
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 
So once a year from the date you activated.
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
Good to know, I'll have to mark that date on the calendar in my phone whenever I receive the card & activate it! Thanks!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO
