Specifics

• Introductory Rate: 0% on Purchases until May 2009
• Applied Towards: Purchases
• APR (Purchases): 16.90% The APR for purchases is based on the Prime Rate.
• APR (Cash Advances): 22.90% There is a minimum APR on cash advances. The APR for cash advances is based on the Prime Rate.
• Finance Configuration: Average Daily Balance (including new purchases)
• Annual Fee: $29
• Additional Cardholders: $0
• Grace Period: 25 Days
• Minimum Credit Limit: $300
• Maximum Credit Limit: up to $3,000
• Late Payment Fee: Balance of $0 - $99.99 = $15 fee; balance of $100 - $249.99 = $29 fee; balance of $250 or more = $39 fee
• Over-The-Limit Fee: Credit limit of $0 - $499.99 = $19 fee; credit limit of $500 - $999.99 = $29 fee; credit limits of $1,000 or more = $39 fee**
• Cash Advance Fee: 3% of amount of the cash advance, but not less than $10.
• Balance Transfer Fee: None

Reward Program Details

• Points per Dollar: 1 Point
• Additional Points: 5 points per dollar spent at gas stations, major grocery and drug stores.
• Point Details: Points are redeemable for merchandise, cash, travel, and gift cards.
• Expiration: None (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus.)
• Yearly Limit: None

Review

Created for those with limited credit history who want a card with a good rewards program. Earn 5 points per $1 spent at gas stations, drug stores, and major grocery stores. Earn 1 point per $1 spent on all other purchases. Use points for cash, travel, gift cards and merchandise. Earn unlimited points each year; points do not expire. Last Modified Date: 10/29/2008 12:00:00 AM

Additional Perks

Platinum Benefits including extended warranties, travel accident insurance, and 24-hour roadside assistance.
24/7 customer support and online account service.
Exclusive savings: up to 40% off featured deals and 10% savings on everything else at Capital One® Saving Zone(SM) on Yahoo! Shopping.
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Important Notations

This card is for applicants with Average Credit. *See Capital One® important disclosures for more information. **The over-the-credit-limit fee will be based on the amount of the cardholder's credit limit at the time the fee is applied.