August 23rd, 2011

New Capital One Cash Card Offers More Cash Back

By: Lynn Oldshue, Editor

Capital One launches a new credit card today, Capital One Cash. It has an annual bonus award offer that may give cardholders more cash that the average cashback reward cards. It offers 1% cash back on every day purchases
and a 50% anniversary bonus on cash earned on purchases in the previous year. It also gives a one-time $100 bonus once you spend $500 in the first three months. The card has no annual fee, rewards do not expire and there are no restrictions on the amount of cash that can be earned. The card also has a 0% APR for the first twelve months on both purchases and balance transfers. Like other Capital One cards, this card does not charge a foreign transaction fee.

About The Author

Lynn Oldshue is a PR professional who has worked with the Birmingham Zoo, Coca - Cola , the Alabama Theatre, and the Saenger Theatre. She has covered personal finance issues for 10 years.