The diversified bank Capital One is headquartered in McLean, Virginia. This institution provides various financial products and services to commercial clients, small businesses, and consumers located in Canada, the UK, and the U.S. It is a Fortune 500 company and one of the top 10 largest banks in the U.S., based on deposits.
Aside from operating online, the bank has branch locations primarily on the Eastern seaboard.
Credit card products are included in the financial offerings of Capital One. Cards offered for individuals and businesses feature competitive rates and rewards. Qualification for the different cards available is based on credit level.
Consumers can visit the Capital One Web site to see if they are pre-qualified for a certain card. This process does not affect the credit score and enables the individual to view offers within just one minute.
The VentureOne Rewards card is popular for people with excellent credit. It features a zero percent introductory APR until May 2012 and a 11.9 to 19.9 percent variable APR following that time. For every purchase made, 1.25 miles per dollar are earned.
Cash advance APR is 24.9 percent and varies with the market based on the Prime Rate. Cash advance fee is the greater of $10 or three percent of the amount of each cash advance.
Individuals with average credit may qualify for the Cash Rewards card. They receive two percent cash back at grocery stores and gas stations as well as a zero percent intro APR until February 2012. All other purchases earn one percent cash back and the cash rewards are unlimited and do not expire.
This card has a $39 annual fee and 24.9 percent variable APR for cash advances. Cash advance fee is three percent of the cash advance but not less than $10.
Someone trying to establish credit should explore the Cash Rewards for Newcomers card. It features no annual fee and a 24.9 percent variable APR for purchases, transfers, and cash advances. Cash advance fee is three percent of the cash advance amount, with a $10 minimum.
This card includes rewards of two percent cash back on travel purchases and one percent cash back on all other purchases. Card holders receive up to 15 percent more cash back when they shop in the Perk Central retail network.
For those who need help rebuilding their credit, there is the Secured MasterCard. This card has a $29 annual fee and a 22.9 percent variable APR for purchases. Based on credit, a card holder may place a refundable deposit of $49, $99, or $200.
Cash advance APR is 24.9 percent and cash advance fee is the greater of three percent of the cash advance or $10.
Credit line for this card ranges from $200 to $3,000, based on the security deposit made. Card activity is automatically reported to the three major credit bureaus. Card holders receive free enrollment with CreditInform so they can track their credit information.
Based on credit and payment history, a cardholder may earn a credit line increase while using this card.
