The Capital One® No Hassle Cash(SM) Rewards card is a credit card designed for those who have an average credit history and are looking to earn cash rewards.
Through the reward program, cardholders earn a full 1% cash back on purchases, and they earn a 25% bonus on all cash earned in the previous year. There is no limit to the amount of cash back that can be earned, no expiration date, and no minimum required to redeem for cash.
This card has an annual fee of $29 and a high interest rate for purchases and balance transfers. There is also a 0% APR interest rate on purchases until February 2009.
This card provides platinum benefits and services including roadside assistance, extended warranties for purchases, and travel accident insurance. Cardholders are also eligible to receive exclusive savings: up to 40% on featured deals and 10% on everything else at Capital One® Saving Zone(SM) on Yahoo! Shopping.
Therefore, those who have an average credit history and want a cash back reward card will benefit most from what the
Capital One® No Hassle Cash(SM) Rewards card has to offer.
Review Date: October 02, 2008
Note: The review on this card was updated on October 02, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Intro Rate (Intro APR):
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0% on Purchases until February 2009 |
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Intro Applied Towards:
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Purchases |
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Additional Intro Details:
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A 0% introductory rate is available on purchases until February 2009. See terms and conditions for complete details. |
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Purchase APR:
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16.90% |
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Cash APR:
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22.90% |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
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Annual Fee:
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$29 |
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Additional Cardholders:
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$0 |
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Grace Period:
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25 Days |
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Late Payment Fee:
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Balance of $0 - $99.99 = $15 fee; balance of $100 - $249.99 = $29 fee; balance of $250 or more = $39 fee |
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Over the Limit Fee:
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Credit limit of $0 - $499.99 = $19 fee; credit limit of $500 - $999.99 = $29 fee; credit limits of $1,000 or more = $39 fee** |
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Cash Advance Fee:
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3% of amount of the cash advance, but not less than $10. |
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Balance Transfer Fee:
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None |
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Minimum Credit Limit:
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$300 |
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Maximum Credit Limit:
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$3,000 |
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Rebate Minimum:
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1% |
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Rebate Maximum:
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25% |
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Additional Rebates:
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Cardholders earn a full 1% cash back on purchases, and they earn a 25% bonus on all cash earned in the previous year. |
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Rebate Details:
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There is no limit to the amount of cash back that can be earned, no expiration date, and no minimum required to redeem for cash. |
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Expiration:
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None |
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Yearly Limit:
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None |
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Most Attractive Feature(s):
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| Reward program. |
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Least Attractive Feature(s):
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| Limited platinum cardholder benefits and services. |
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Additional Features:
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Platinum Benefits include 24-hour travel and emergency assistance, as well as customer support and online account services.
Exclusive savings: up to 40% off featured deals and 10% savings on everything else at Capital One® Saving Zone(SM) on Yahoo! Shopping. |
| This card is for applicants with Average Credit. *See Capital One® important disclosures for more information. **The over-the-credit-limit fee will be based on the amount of the cardholder's credit limit at the time the fee is applied. |
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