Re: Cap. 1 Cash Rewards opinions?
03-17-2012 06:58 PM
I've heard nothing but horror stories about Capitol One.
But, alas, I'm in the market for a new MC or Visa. I'd prefer a lender that isn't shaky about giving high limits. Right now my "go to" cards are Zync and Discover More. My only Visa is a local credit union one with crap rewards but 8% APR. My highest limits are my store cards that barely see any use, and I'd like to fix that.
So far from what I can find the Capitol One Cash card is supposedly the best "simple" cash back card for Visa/MC with average-ish credit (~720ish as of January, and nothing's changed since then except lower util, never had any lates or anything in my life, etc).
Who has this card, and what do you think of it? How does its CL compare to other cards you have, and does Capitol One grant CLI's very easily? What about the APR? If Capitol One is just crap all around, what other alternatives should I look at? Citi's sent me a few pre-approvals in the mail, but I don't know much about their rewards system.
capone rewards aren't the greatest but they are decent if you can't get prime rewards card, I hate that I can't get CLI's from them, but there rewards are quick to accumulate and can be credited to your accounts as credits rather quickly, gas stations and some stores are 2% but nothing worse than 1%. AMEX MRE's gives good reward points but take a while to get credited to your account and to are painful exchange rate for cash or statement credits, there cash rewards cards are harder to get. Some prime and CU cards have rewards that are less than 1%
Wallet: FNBO DISC 11.9k Oregon Duck 5k, Chase Freedom 3.3k & Slate 3.3k, AMEX BCP 7.5k & AMEX Hilton Surpass 5.5k & AMEX Zync NPSL, Walmart 4.5k, CapOne AU 1.5k
Sockdrawer: Paypal Extras MC 5k, CapOne 2k, CapOne 750, Amazon 3.9k, Sams Club Discover 10k, Citi HHonors Gold 6k, Discover IT 6.5k and a nice stack of store cards.
Last APP 11/22/2013