The 13 Best Capital One Credit Cards of 2019
Capital one is among the market leaders in the United States, offering its diverse product lines to customers.
The products Capital One is offering to its customers include credit cards, checking and savings accounts, auto loans, commercial and business loans.
Credit cards, in their turn, target different groups offering them rewards and bonuses to help save more money. The issuer provides many gifts and reward cards for businesses, students, and those who wish to rebuild their credit.
None of the Capital One cards have foreign transaction fees, and that is one of the most significant advantages.
Capital One credit cards come in different subcategories. Now, letâ€™s see what those subcategories are.
If you do not have a credit or wish to get approved for a loan and improve your score, Capital One has cards especially designed for you.
By making your monthly payments on time, your credit score automatically improves and increases your credit limit.
Cashback reward cards are a great way of saving money and building your credit.
Capital One has many options with a great variety to earn cashback bonuses and rewards. Further, we will see what the options are and what is most suitable for you.
Are you traveling a lot? Capital One has a variety of credit card options for you to efficiently use your travel budget.
Capital One has a separate category of cards that have been the most successful and loved by its customers.
This category is being constantly updated to track customer needs.
If you are thinking of saving money and improving your financial management, Capital One is offering small introductory rate cards.
This card type is designed for businesses offering them different bonuses and cash backs which can improve their business standing.
This card is specially designed for travelers and provides them an introductory bonus of 20,000 miles.
It offers various favorable conditions to its users, such as a $0 annual fee, considerably low yearly percentage rates starting from 14.24% to 24.24%.
You can earn 20,000 miles after you spend $3,000 in the first three months as you open your account.
Other perks of this card include not having a foreign transaction fee as well as having no blackout dates (i.e., there is no season when bonuses or rewards are not available). So, if you travel a lot and want to earn bonuses, consider Capital Oneâ€™s VentureOne.
Many of the cardholders who travel a lot, assure that this card is among the best for making bonuses and rewards while you are abroad. While 92% of customers totally recommend this card, there are some users who say the transactions take a long time to go through and their payments are not made in a timely manner.
Venture Rewards is among the best card offers that Capital One has. It provides you an opportunity to earn 50,000 bonus miles once you spend $3,000 during the first three months on purchases.
For the first year, you are charged a $0 annual fee and $95 after that. The yearly percentage purchase rate and balance transfer rates vary from 17.99% to 25.24%. The only requirement for you to get qualified for this card is to have an excellent credit score, and you can enjoy all of its perks.
Customers love this card and say that the bonus points are easily redeemable when traveling on any of the airlines.
Other customers have experienced technical difficulties saying that the balance transfers are not received in a timely manner.
Quicksilver is a very advantageous option with flat-rate cashback.
Not only you will receive 1.5% cashback on every purchase, but also there is a sign-up bonus of $150 after spending $500 within the first three months of opening your account.
It has a regular annual percentage rate starting from 16.24% to 26.24%. Additionally, in the first 15 months of opening your account, you will be charged s0% annual percentage rate, at the end of which regular prices will be accounted for.
If you want a steady cashback without any spending categories (on any spending you get 1.5% cashback), then this card is the right option for you.
Cardholders love this card for its ease of access to their financial information, thus helping them to budget efficiently. Others say that based on credit score their interest rate is too high.
If you have an average credit score and want to improve it, Capital One has an excellent option for you. Platinum Credit Card helps to improve your credit by choosing a monthly due date of your payments, that is more suitable for you.
After you make your payments on time for five months, your credit limit may be increased. There are no introductory bonuses or rewards; however, Platinum Card has a $0 annual fee, and the annual percentage charged on your credit varies around 26.96% (can be varied due to market fluctuations and the Prime rate).
On the Capital One website, 93% of cardholders recommend this product. The most recent positive feedback it got includes comments on customer satisfaction with cashback feature and its benefits.
On the other hand, many users think the annual percentage rate of the Platinum card is too high. Overall, if you are a starter or want to rebuild your credit, this card is a good option for you.
If you frequently go to restaurants and other entertainment places, this card offers favorable conditions for you.
The card provides an unlimited cashback of 4% on dining and entertainment, 2% at grocery stores and 1% on any other purchases.
If you spend $3,000 in the first three months of opening your account, you will get a $300 one-time bonus. Savor Cash Rewards has no annual fee for the first year of your account and charges you $95 after that.
The card has a yearly percentage rate from 16.74% to 25.74%. So, if you usually go out for dining and entertainment, Savor Cash Rewards Credit Card will help you to save more.
Around 80% of the cardholders think that this credit card is the best when you are traveling abroad for its immediate delivery information on your transactions.
Others say that the benefits of this card are too limited and it is only useful to keep if you are frequently dining out.
Â This card has a lot of similarities in the design with Capital One Savor cash rewards card mentioned above. The difference is in the amount of the bonuses they have. SavorOne is also designed for those who attend restaurants and places of entertainment.
With this card, you earn unlimited 3% cashback instead of 4% like in Savor Cash Rewards, 2% at groceries and 1% on any other purchases. You can also earn a one time bonus at the amount of $150 if you spend $500 in the first three months of your membership.
It has an introductory 0% annual percentage rate for the first 15 months, after which you will be charged from 16.24% to 26.25% variable rate with no annual fee.
According to the cardholders, SavorOne has one of the most significant reward mechanisms from Capital One cards. However, many say that the interest rates are way too high for the services provided.
If you want to rebuild your credit, Capital One has another excellent credit card offer for you called Secured Mastercard.
Firstly, you need to make a minimum required a security deposit and get an initial credit line at the amount of $200. If you want a higher credit limit, you need to deposit more money.
Additionally, you can access an even higher credit limit if you make your repayments per schedule, without any overdue for the next five months. The annual fee of this card is $0.
The purchase and yearly balance transfer rate is 26.99% variable (can be varied due to market fluctuations and the Prime rate).
Most of the cardholders rate this card as an excellent option with a unique opportunity to track your financial resources and exceptional customer care.
On the contrary, some others had technical difficulties with this card. More specifically, one reviewer says that due to a technical mistake, her credit score dropped before her repayment date, which is not possible.
Journey Students Rewards card is designed for students to build credit and earn cashback on their purchases.
It offers unlimited cashback of 1% on all purchases, with an opportunity to increase the percentage of up to 1.25% if the monthly payments are made on time.
The card has a variable annual percentage rate of 26.96% (can be varied due to market fluctuations and the Prime rate) on all purchases, and balance transfers, as well as offers a $0 annual fee to its users.
Students love this card and say it has very user-friendly account management tools and low interest, which helps them save more money.
However, many students complain about the fact that their credit limit is not being increased over time.
This is a business travel credit card, with an opportunity to earn bonuses of 2 miles per dollar on all purchases made. You will have to have above good credit score to qualify for this credit card.
After you spend $4,500 in the first three months as you open your account, you will earn 50,000 bonus.
Other perks of this card include auto rental collision damage waiver, purchase security, travel, and emergency assistant services, etc. The cardholders have to pay a $0 annual fee in the first year, after which $95 will be charged.
The annual percentage rate of Capital One Spark Miles for business is variable of 19.24% (can be varied due to market fluctuations and the Prime rate).
This card is among the top for business travel rewards and is totally recommended by the cardholders. Majority of the holders support this card saying that it is one of the best among business credit cards.
They notify about every suspicious activity keeping you alert all times. The negative feedback includes that whenever you do not use this card, your credit limit is dropped, thus affecting your score negatively.
If you have an average credit score and want to get credit for your business, Spark Classic is an excellent option to consider.
You can earn 1% cashback on every purchase daily without an annual fee and 25.24% variable yearly percentage rate.
You can build and strengthen your business credit score by making your monthly repayments on time. As this is a business credit card, you can also get your employee cards for free and earn cash backs from their purchases as well.
If you want to plan, budget, and use your financial resources efficiently, you can use the year-end summaries showing detailed breakdowns of your spendings to simplify your job. So, if you are thinking of improving your credit score, Spark Classic is the right option for you.
Cardholders say that this is a great business card with simple usage and good cashback. Some of the customers complain about the interest rates being too high. Despite the drawbacks, customers still love the card.
Another credit card from the â€œSparkâ€� line is Cash Select. It offers unlimited cashback rewards to its corporate customers at the amount of 1.5%, which can be redeemed anytime without any minimum amounts. Your business can be qualified for this credit card only if it has an excellent credit score.
For the new cardmembers, Capital One has a special offer of a one-time $200 cash bonus if you spend $3,000 on purchases in the first three months of your account.
The card also sends annual summaries to its clients, categorizing their spendings and helping to budget and monitor their expenses.
You can download your purchase records anytime from Quicken, Quickbooks, and Excel formats. Start planning and building a sustainable business with Spark Cash Select.
Businesspeople love this card because of its ease of use and effectiveness in tracking daily business spending, allowing them to budget their future cash flows accordingly. Many cardholders say that there are market offers which are more business-oriented with more business-related bonus and reward mechanisms.
Business owners who want to buy new vehicles have the opportunity to earn cash backs with Capital One BuyPower Business Card.
You can get 5% on purchases of General Motors parts, accessories, and service at any authorized General Motors Dealers. 3% can be earned from purchases at gas stations, restaurants and 1% on any other purchases.
The annual fee of this card is $0 plus you have no transaction fees. Additionally, you will not have an annual percentage charge in the first 12 months after which your rate will be 19.24% which will change with the market-based Prime Rate.
BuyPower Card rewards you with Earnings from every purchase you make, which is redeemable toward the purchase or lease of a new Chevrolet, Buick, GMS, Cadillac vehicles.
The card benefits include no limit to the number of Earnings you can have and redeem on a new car. Earnings do not expire throughout time, and you can redeem those whenever you want.
The card offers a 0% introductory annual percentage rate after which you will be charged fixed 15.15 %, 19.15 %, 22.15% or 25.15% based on your creditworthiness.
Financial institutions develop many credit cards which could attract customers with their unique features. Depending on your needs, Capital One has a great variety of options, each of them specially designed for different target groups.
Whether you want to rebuild your credit and improve your credit score, you are a student and care about saving more by spending less or want more bonuses and cash backs; Capital One can fulfill all of your needs.
See if you are pre-qualified and apply for your credit with Capital One.