Re: Cap. 1 Cash Rewards opinions?
03-17-2012 07:14 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.
I have the one for average credit, and I like it very well $3000CL to start, +$500 at six months. Started out with their secured card.
I assume you would qualify for the excellent credit one. I would consider it one of their prime cards. I still haven't figured out why people don't like Capital One.