Capital One Credit Cards

Whenever you are searching for a new credit card, you should consider comparing different offers based on the APR, balance transfers, credit limits, grace periods and benefits that the credit card issuer has to offer. At the same time, you should consider doing business with a company that has had a reputable presence in the financial world for a long time, such as Capital One. Credit cards are not the only type of service this corporation can provide, as they also handle a wide range of loans.

Credit cards provided by a reputable issuer are great tools that can help you solve your financial problems, if you use them correctly. However, like all credit cards, Capital One cards used in an irresponsible manner can get you into trouble. Therefore, if you have bad money management skills and an erratic consumer behavior, you should probably avoid credit cards altogether. On the other hand, in the hands of a responsible person, credit cards can be lifesavers.

The rewards of Capital One cards
Capital One credit cards are famous for their “no hassle” policy, but few people know what this refers to. You should know that most credit card issuers offer money rewards to their customers for their purchases, but the formulas used to calculate these rewards can be quite confusing.

However, Capital One rewards its customers with a fixed 1% rate of all their purchases, in order to simplify things. Moreover, at the end of every year you will also obtain a 25% bonus of all the money you have earned this way. Additionally, these bonuses will never expire and you can choose to redeem them whenever you want. Furthermore, Capital One cards have a mile rewarding system for your purchases, thus enabling you to win 1.25 miles for each dollar spent.

Choosing your Capital One credit card
Capital One has various offers that can adapt to the requirements of each individual, regardless of his credit score or average income. In order to make the best choice, you will need to analyze the programs that are most suitable for your situation. For instance, you should consider a credit card without any APR or balance transfer fees during the first twelve months. Additionally, you will never have to pay any introductory fees for the Capital One credit cards.

However, you will need to check what the value of the APR and balance transfer of your card is once the promotional twelve months period is over. In some cases, you will be able to get as little as 8.90% on your APR, which is quite low compare to most credit cards nowadays. Furthermore, even after the promotional period is over, you will not be charged any additional fees.

At the same time, make sure that you select an appropriate credit limit. For this purpose you can take the time and analyze your normal weekly and monthly budget and see how much you normally spend. However, since you will need to be able to access the credit card once you have an emergency, you need to have an error margin. Keep in mind that your credit limit is also decided by the credit card issuer and it is based on your average income.

In retrospect
Overall, the Capital One credit cards are able to provide their customers with excellent services and affordable prices, as well as many cash and other types of rewards. Therefore, if you are looking for a credit card, you should consider checking out the offers this company can provide. Capital One has branches all over the world, so check whether you can find one nearby.