One of the best bank cards out there is the Capital One Bank credit card. I have always had good experiences with them and have always been very satisfied with their services. They give you a lot of perks and rewards so that you will want to make sure you are using it to its full potential. It has a 1% cash back bonus for example. There are also a lot of benefits and advantages that come along with owning one of these cards. I am going to go over some of these benefits and hopefully give you the information you need to decide if Capital One Bank is the right bank for you.
The card has no annual fee. This is a major benefit for me. I don't have to pay any annual fees so I can save a lot of money and use the card for its intended purpose. This means I get to pay off my balance much faster which equates to me getting more free money each month.
If you are someone who uses the card a lot then you will want to check out the added features, the credit card has to offer. If you like online shopping and you spend a lot of money each month on the internet, then this is the card for you. You get an automatic online bill payment service, so you never miss a bill and you don't have to worry about writing a check out. It also allows you to set up automatic payments with your debit card from any place you choose.
The Capital One Bank card is not only convenient, but it is also secure. Each card comes with a Secured credit line and this is where you are going to need some extra cash in order to start rebuilding your credit. You will get a deposit with the bank after you apply for the card. This deposit is equal to ten percent of your initial deposit, so it's important to make sure you have ten percent in your savings account as well. It is also important to understand that once you make your monthly bill payments on time, you will be able to increase this deposit and this will go towards getting you even more money.
The best part about the Capital One credit card is all the features they have to offer. They have low interest rates, gas-perpetual-commission, oil-included cards, and cash back. The cash back actually does earn you cash back, which can be applied in any of your purchases as well as paying back any of your purchases that you made using your credit card.
The downside to the Capital One Bank card is the membership fees that they charge. It seems like every time you look at the card the membership fee increases. It's really hard to tell exactly how much you're going to pay each month. This credit card might work for you or maybe you won't. It all depends on your lifestyle and how much you are willing to pay up front. The best thing you can do is shop around for a lower interest rate credit card and . . . . . . see what you can find.
