Capital One Credit Card is a high-interest, small-dollar credit card issued by Bank of America. It is popular among college students and youth as it gives them rewards for using their cards. The credit limit on this card is $1000 and this card comes with a one year agreement that allows you to make purchases using your card up to a certain limit. This card has good rates and provides the benefits of having cash back, air miles, free or discounted airline tickets, gasoline rebates, and a rewards program that is exclusive only to Card holders of Capital One Credit Card. These benefits and features make this card among the best cards issued by Bank of America.
Bank of America is America's largest lender, holding more than 11.5 billion dollars in assets under its umbrella. It is also one of the top three financial institutions in the world, which is often called as “The Big Blue” due to its reputation in lending money and its extensive market coverage. Bank of America Credit Card is offered through the bank's Website or over the phone. The credit limit is the maximum that can be applied at one time while the credit limit on the cash back cards are based on the purchases made using the card.
If you are looking for a credit card with a variety of rewards programs and attractive rates and fees, you should consider applying for this card. You can apply online using the application form given on the bank's website. Once you submit your information, you will receive a response from Bank of America within one business day. In this response, you should ask for details on different aspects of credit card programs offered by Bank of America and other credit card providers including rates, fees, credit limit limits, grace periods, etc. You should compare the different offers provided by different providers so that you can choose the most appropriate offer.
You should keep in mind that applying for a Bank of America credit card over the phone does not guarantee that you will be granted approval. Bank of America staff is available all the time through phone calls and emails to answer any questions on different aspects of credit card programs offered by the bank. This may lead you to believe that applying online is less time-consuming but you should know that it can take several days before you receive an actual approval. You can then proceed to fill out the application where you should provide relevant personal and credit information. Once you are approved, you should receive a notice via mail or hand-delivered letter confirming your card number.
You should understand that you will probably not receive a response to your application for at least two weeks if you want to apply for a Bank of America credit card over the phone. It could take more than two weeks before you can finally call and talk to a representative about your request. Applying online may sometimes be faster but you should know that you will not be able to access the credit card application form online once you submit it. If you want to process your application faster, you can send it by mail, but you should not expect an answer for several weeks.
The decision to apply for a Bank of America credit card over the phone should be made after researching the different options carefully. You should also compare the rates, fees, and terms of the different cards before making a decision. You should also ensure that you understand the repayment terms and conditions of the card before applying. Most importantly, you should read the fine print carefully to ensure that there are no catches involved. Banks are usually quite careful when it comes to issuing credit cards to customers who are unable to pay off their debts. They have a particular interest in making sure that they do not get into trouble by getting in a situation where a customer cannot pay off his/her debt.