Capital One® No Hassle CashSM Rewards - Average Credit
A Cash Back card for people New to Credit.
Ongoing APR: Variable 16.9%
Annual Fee: $29.00
APR for Balance Transfers: Variable 16.90%
Balance Transfer Fee: None
Intro APR for Purchases: 0.00% (for — until May 2009)
Cash Advance APR: 22.90%
Cash Advance Fee: 3%, $10 minimum
Reward Program: At least 1.25 miles/dollar on net purchases*
Late Fee: $15-$39
Overlimit Fee: $39.00
Returned Check Fee: $39.00
Issuer: Capital One Bank
Enrich your life with 1% cash back on all purchases and a 25% annual bonus on the cash you've earned during the year!
This credit card is for people with Average Credit.
If you have Average Credit, all of these statements are true for you:
- I currently have or have had a US loan or credit card
- My credit limit on a current credit card, if any, is less than $5,000
- I may have been late on a credit card, medical bill, and/or loan payment in the last 6 months
**Please note: these are minimum requirements and meeting these criteria does not guarantee approval.
FEATURES
- A 25% annual bonus on the cash rewards you've earned during the year
- 1% cash back on everything you buy from day one
- No expiration of your cash rewards for the life of your account
- A manageable credit line to help control your finances
- Exclusive savings: up to 40% on featured deals and 10% on everything else at "Capital One Saving Zone" on Yahoo! Shopping*
Shop smart! Buy everyday goods using your Capital One No Hassle CashSM card and earn generous cash back.
Some FAQ abaout the Capitol One Cards:
Do they Engage In Universal Default?
Capitol One does not engage in a practice known as "universal default." Universal default permits a credit card company to increase your APRs simply because you fail to make a payment on a loan with another lender or your credit history contains other negative information.
What About Future Offers?
At any time in the future, Capitol One may extend new offers in connection with this account, including opportunities to transfer additional balances. These new products and services may have different APRs, fees and other terms. Capitol One will provide any different terms when they make you the new offer, and you may accept or decline any such offer.
How Does Capitol One Determine My Credit Line?
They determine your credit line based on your credit history and information you provide on your application. If your application is approved, you will receive a credit line between $300 and $3,000.
How Does Capitol One Apply My Payment?
They will apply your payment to pay off lower-rate balances before paying off higher-rate balances.
How Does Capitol One Calculate My Minimum Payment?
Your minimum payment will be the greater of 3% of your outstanding balance or $15. If your balance is less than $15, your minimum payment will equal your balance.
* See website for complete disclosure and card features.