asteroidblues86 wrote:Got a preapproval for a Capital One Cash Rewards card in the mail yesterday and I assumed it would be the typical green one that Jimmy Kimmel pitches on TV. But when I opened it the letter says 1.5% unlimited cash back on every purchase, $100 one-time bonus, $0 annual fee. The photo of the card is the traditional Capital One platinum visa design. Anyone get this offer or seen it before?
That is the Regular green capital one card. This is the one for "Excellent" credit. It earns 1% back on everything, with a 50% dividend each year, so an effective 1.5% cash back.
CLs for this card start @ $3000, a $5000 limit will get you a visa siggy
asteroidblues86 wrote:
jsucool76 wrote:
asteroidblues86 wrote:Got a preapproval for a Capital One Cash Rewards card in the mail yesterday and I assumed it would be the typical green one that Jimmy Kimmel pitches on TV. But when I opened it the letter says 1.5% unlimited cash back on every purchase, $100 one-time bonus, $0 annual fee. The photo of the card is the traditional Capital One platinum visa design. Anyone get this offer or seen it before?
That is the Regular green capital one card. This is the one for "Excellent" credit. It earns 1% back on everything, with a 50% dividend each year, so an effective 1.5% cash back.
CLs for this card start @ $3000, a $5000 limit will get you a visa siggy
No, the app says card earns 1.5% on every purchase. There is no waiting for the annual bonus.
Well no such card is currently offered by capital one. So you got a special offer.
mxp114 wrote:Technically you do earn 1.5% on every purchase, even if the 50% bonus is annual. 1.5% monthly beats 1% monthly and 50% annually, so if it is that way then congrats on the exciting new card product offering.
Cap1 posts their rewards by transaction, not monthly 
Only thing I like about them, my rewards are constantly going up, without waiting for a statement, and I can redeem whenever without a min threshold.
jsucool76 wrote:
mxp114 wrote:Technically you do earn 1.5% on every purchase, even if the 50% bonus is annual. 1.5% monthly beats 1% monthly and 50% annually, so if it is that way then congrats on the exciting new card product offering.
Cap1 posts their rewards by transaction, not monthly
Only thing I like about them, my rewards are constantly going up, without waiting for a statement, and I can redeem whenever without a min threshold.
Good to know, that's how my BofA World Points card works too 
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