I received a snail mail letter from them last week to expect the new card but I haven't actually received the card yet. (I still have them bill me the old fashioned way (snail mail) but pay online...lol) I have a low limit on this card ($1100) so I don't plan to use it much either but it will be interesting to see what it looks like. I have no idea why they are changing the design unless they had to send out the cards anyway with the Cap 1 info on the card as part of their purchase agreement.

As an aside, I also received a separate letter about using the card to take advantage of different promo rates...