Description: The article shows us three kinds of credit cards of the Capital One, we may find some information about the feedback people give after using them and other details associated with them.
I will be looking at the best of the Capital One credit cards, we will look mainly at three of the cards from Capital One, but there’s also a couple that are associated with them and we will talk about those as well.
Firstly, here is the Capital One Quicksilver rewards card which gives you a flat 1.5% cash back on everything that you purchase with the card, there is no annual fee for this card and if you spend at least $500 in the first three months of having the card, you will earn a $150 bonus now.
There are other cash credit cards on the market that give you a flat 2% cashback, so obviously that’s higher than the 1.5% cash back, you’re getting here, but at least in the first year, you spend $500, it will be awash with those other cards, because those other ones do not have bonuses, so they give you the the higher rate, but they’re not giving you that bonus upfront for your spending.
That is a good card, I believe the first card on the market that went to the 1.5% cash back established that level as a new sort of flat cash back rate in the market now, if you can’t qualify for the Quicksilver rewards card.
Capital One does have a card for those whose credit are not quite good that is called the Quicksilver one card that card though does not offer the bonus and it has a higher interest rate and it has a thirty nine dollar annual fee.
You still get the 1.5% cash back, but you’re not going to get that bonus, but spend about three thousand dollars to get yourself back to even when you have to pay that annual fee, but if your credits are not good, you might not be able to get the standard Quicksilver rewards.
The second one is the capital one saver dining rewards card, this card gives you three percent cashback on your dining purchases, you get one percent cash back on everything else that you buy, you can also get the same $150 bonus from this card.
If you spend $500 within the first three months of having it and no annual fee, if you go to restaurants a lot, this is a card that makes a lot of sense for you, if you don’t make much sense, you’d be better off to stick with the flat cash back. For some people, this one does make sense.
The third is the capital one venture rewards card now, this card has an annual fee of $95, in general, we would stay away from annual fee cards, but sometimes in the Carrera, in the travel space, it makes sense, so this is Capital One’s venture card, that is more expensive and has an annual fee.
You will get two miles per dollar, I put that in the air quotes, because those are not actual miles, but you will get what they call two miles per dollar and those miles are going to be worth one cent, when you redeem them against any travel purchases that you make with the cards, if you are getting two miles per dollar and you save up 10,000 of those those 10,000 miles are going to be worth $100 against travel purchases that you make with the card you can earn 50,000 bonus miles.
If you spend $3,000 with the card in the first three months, there’s also the venture won rewards card which is a no annual fee card, one gives you one point two five miles per dollar, it gives you a lesser chance at getting a bonus up front.
It’s 20 thousand mile bonus, we don’t recommend that one, the venture rewards card with the annual fee is the one that makes more sense, if you want that travel card in a lot of instances, this is the same as a cash back card even though they’re calling it a travel card.
Since those miles are points that translate into cash back, if you look at the Quicksilver rewards card, you’re getting 1.5% cash back, you’re not paying an annual fee that is a better situation, you’re getting with these ones.
Don’t be fooled by the travel designation there, on that card, it’s not so much a travel card, as it is a different type of cash back card as far as we’re concerned, there may be some travel perks, but nothing that puts it to the level of getting yourself a good cash back card, so those are the best of the Capital One credit cards, please go to proud money.com for other credit card reviews and all sorts of other personal finance news and info as well.