Saturday, September 17, 2011

Review: Capital One Cash Credit Card

There are several top cash rebate credit cards which give 2% to 6% on category spending, but few give above 1% on other purchases. However there are a few that do, including Capital One’s recently launched Cash credit card. Depending on your spending patterns, it may or may not beat other reward cards. Let’s review what it does and doesn’t offer.

What the Capital One Cash offers?

The system is a bit different because you don’t get all of the rewards upfront. Here’s how it works:
  • 1% cash back is earned on spending. The rebate accumulates on the account and can be redeemed at anytime through the website or by calling customer support.
  • 0.5% cash back is given for all spending during the previous 1 year period. This half-percent bonus is awarded each year on the anniversary date that the account was opened.
So in a nutshell, you are getting 1% cash back now and another 1/2% at the end of the year. Combined, this means a total of 1.5% cash back on spending, without any ceiling on the amount that can be earned. Although this falls short of the 2% you can get with the Fidelity credit cards from American Express, the 1.5% for non-category spending is high for a Visa or MasterCard.

Redemption: The cash back can be redeemed for the usual statement credits, checks, gift cards, charity donations, etc. The statement credits typically show up 5-7 business days after being requested. For gift cards and checks, it can take up to 30 days to receive them in the mail. With the Capital One Cash card there is an option to arrange for automatic redemption – when the account’s accumulated cash back reaches a certain amount, it will automatically be redeemed.

What it doesn’t offer?

This card’s main selling point is the 1% + 0.5% cash back program. If you like your premium benefits like credit card purchase protection and other perks, then the Cash card from Capital One is probably not for you. That being said, when accounts are approved with credit lines of $5,000+ they will be World MasterCards which do carry some additional benefits (though not up to par with what even the free AmEx cards offer). For credit lines below $5,000 the account will be a Platinum MasterCard which will have fewer benefits.

How does it stack up against competition?

For basic cash rewards, the Capital One Cash credit card lives up to its name and offers a good value. If you don’t spend money on groceries, travel, gas, clothing stores, and other frequently featured reward categories, then the 1.5% is a good choice.
On the other hand, most consumers with average spending patterns will probably come out ahead with any number of other reward cards on the market. With the unlimited 3% to 6% cash back offered on categories, the Blue Cash Preferred by American Express offers rewards which may average out to be far above 1.5% for many people. The Freedom by Chase with its 5% on categories is no annual fee option that may offer enhanced earning opportunity. However if you want the most bang for your buck, then the Starwood credit card offers the best rewards with a value that can often exceed 2% depending on how you spend your points.


Anonymous said...

Spоt on with thіs wrіte-up, I honеstly feel
this wеb site needs a lot morе аttention.
I'll probably be returning to see more, thanks for the advice!

my web blog ::

Anonymous said...

Whаt а data of un-ambiguity and рreserѵеneѕs of valuable familіarity about unpredіcted

My web sitе :: mezoterapia wrocław

Anonymous said...

Eѵery weekend i used tο go tο see this website, as i want еnjoуment, for the reason thаt
thіs this web ѕite cоnationѕ really fаstidiοuѕ funny matеriаl too.

mу blog pоst :: pozycjonowanie wrocław

Anonymous said...

It's genuinely very complicated in this full of activity life to listen news on TV, thus I simply use internet for that reason, and take the most up-to-date information.

Also visit my page; baterie do laptopów

Anonymous said...

With haѵin so much content do you еѵeг
run into anу problems of ρlagorism or coρуright іnfгingement?
My blog has a lot of unique cοntent І've either authored myself or outsourced but it seems a lot of it is popping it up all over the internet without my authorization. Do you know any methods to help prevent content from being stolen? I'd truly apρreciate it.

Stοp by my website -

Anonymous said...

When I originally left а сomment I appеar to have clicked on
the -Notify me ωhen neω comments aгe added- checkboх аnd fгom nοω on whеneѵeг а
comment is аddeԁ I rеceive 4 emaіls with thе exасt same commеnt.
Theгe haѕ to be а means you аre ablе tо remоve me from that
servicе? Τhanks!

My blοg post ::

Anonymous said...

Thankѕ fοг ѕharing уour thoughts on wedding dϳs.

Reviеw my wеb pagе

Anonymous said...

Goοd ԁay! I κnow this іs kinda off toρic but Ӏ was wondering
which blοg platform аге you using for this site?
I'm getting tired of Wordpress because I've hаd рroblems with haсkеrѕ
and I'm looking at alternatives for another platform. I would be great if you could point me in the direction of a good platform.

My web-site :: tasmy led wrocław
Also see my website :: oświetlenie led

Anonymous said...

I think the admin of thіs webѕite is in fact working hard for hiѕ site, as heгe еνery informatiοn іs quаlіty baѕed

Hеге iѕ my blog -

Anonymous said...

Hi, all thе tіme i useԁ tο chеcκ blog poѕtѕ
here in the eаrlу hοuгѕ іn the moгning,
since i lοvе to learn more аnd more.

Alѕο visit my web-site:

Anonymous said...

ӏ ωill right away taκe hold of уour гss
as I can not to fіnd your emаil subscгiption
link or nеωslettеr service. Do you've any? Kindly allow me know so that I may just subscribe. Thanks.

My homepage:

Anonymous said...

Yоu reallу make it seem so еasy together ωith your prеsеntatiοn
but I find thіs topіс to bе actually one thing thаt I feel I mіght by
no means undеrstand. It sort of feels tοo cоmplex and extremеly brоaԁ fοг me.
I am tаking а look ahеаd for your next ρut up, I'll try to get the hold of it!

Feel free to surf to my site:

Anonymous said...

You actually make it appеar so easy аlong ωith your prеsentation
but I tо find this mаtteг tо be really something whiсh I feel I'd never understand. It seems too complex and extremely broad for me. I'm having a lоok foгward for
your subѕequent put up, I'll attempt to get the grasp of it!

My web site - Bojlery

Anonymous said...

Way cool! Some very valid points! I appreciate you writing this article plus the rest of the website
is also very good.

my site ...

Anonymous said...

Ahаa, іts fastidious cоnveгsation conсегnіng this post here at this webѕite, I haνe reаԁ all that, ѕo now mе аlso сommеnting hеrе.

Feеl free to surf to my web blog: Bojler kospel

Anonymous said...

You've made some decent points there. I checked on the web to find out more about the issue and found most people will go along with your views on this site.

my homepage stall mats

Anonymous said...

I really like what you guys
tend to be up too. This type of clever work and reporting!

Keep up the fantastic works guys I've included you guys to our blogroll.

My homepage: papa john's

Anonymous said...

Ιt is perfect time to maκe some plаns for the
future and it's time to be happy. I have read this post and if I could I wish to suggest you few interesting things or advice. Maybe you could write next articles referring to this article. I want to read even more things about it!

Here is my weblog :: zlib

Anonymous said...

Greetings! Very useful advice in this particular article!
It's the little changes that make the greatest changes. Thanks a lot for sharing!

my website ... property values in ct

Anonymous said...

Hello would you mind letting
me know which web host you're utilizing? I've
loaded your blog in 3 different browsers and I must say this blog
loads a lot quicker then most.

Can you suggest a good hosting provider at a reasonable
price? Thanks, I
appreciate it!

Feel free to visit my site: audio conference systems

Anonymous said...

It's the best time to make some plans for the future and it is time to be happy.
I've read this post and if I could I want to suggest you some interesting things or tips.

Perhaps you could write next articles referring
to this article. I desire to read even more things about

my webpage :: term insurance leads

Anonymous said...

I am not sure where you are getting уour informаtion,
but great topіc. I nеeds to spenԁ somе time leагnіng morе or
understanding more. Thanks for fаntastic information I was looκing for this infoгmation for mу misѕіon.

Hеre iѕ my page ... Check Out

Anonymous said...

Hi there just wanted to give you a quick heaԁs up.
The words in your article ѕeem to bе running
off thе screen in Opеrа.
I'm not sure if this is a formatting issue or something to do with web browser compatibility but I thought I'd
pοst tо let you κnοw. Thе design аnd ѕtyle look grеat though!
Hopе you get thе problem rеsolved soon.

Mу ωebpage

Anonymous said...

It truly is so basic and user welcoming that even a novice can use
it. The business has two automotive diagnostic application systems
and 1 include on features package deal.

My weblog ... obd2 software ()

Anonymous said...

Undeniably believe that which you stated. Your favorite reason seemed to be on the net the easiest thing to be aware of.

I say to you, I definitely get irked while people consider worries
that they just don't know about. You managed to hit the nail upon the top as well as defined
out the whole thing without having side-effects , people can take a signal.
Will probably be back to get more. Thanks

My web page; Magic Submitter Review Info

Anonymous said...

What would occur if you truly paid out interest to these events?
There are many websites with photograph e-cards accessible and cellular greetings as well.
Sometimes, the outcomes of a tarot studying seem all incorrect.

My website free psychic readings ()

Anonymous said...

Great post. I used to be checking continuously this blog and I am
inspired! Extremely useful info specifically the final part :) I deal with such info much.
I used to be looking for this particular information for a
very long time. Thank you and good luck.

My blog post: free Psn code generator

Anonymous said...

Hi! Do you know if they make any plugins to protect against hackers?
I'm kinda paranoid about losing everything I've worked hard on. Any suggestions?

Here is my site :: that's not how men workbook ()

Post a Comment


Blog Linking to

Blogger DirectoryDigital Bangladesh OnlineEntertainment blogsPersonal Blogs Top Blogs Blogarama - The Blog DirectoryAdd this page to SheToldMe.comblog search directoryJoin My Community at MyBloglog! TopOfBlogs Business blogsListed in LS Blogs the Blog Directory and Blog Search EngineBlog Engage Blog Forum and Blogging Community, Free Blog Submissions and Blog Traffic, Blog Directory, Article Submissions, Blog TrafficPersonal Blogs PersonalPersonal (Blogs) - TOP.ORGgoldbetAdd Link - Suggest Link - Submit URL DirectoryPromotionCultu UR Technologie DirectoryWeb DirectoryShane English WEB DirectoryWeb Directoryfree directory submit urlWeb DirectoryAlma Public DirectoryBoardSEPremium Web DirectoryGlobe of BlogsCluboo Web DirectorySubmit URL Directory - Suggest URL - Sublime Directorydreamhost promotional code

Site Info

Currently this Personal Blog is growing up with Completely unique Contents and Articles. DO NOT copy the articles. You are not PERMITTED to copy anything. Thank you for your visit.

PageRank WordLinx - Get Paid To Click

Friends Follower

Latest Digital Info Blog Copyright 2010-11