Capital One Cashback Card
CARD NO LONGER AVAILABLE, details are for archive purposes only.
Capital One's new Platinum Cashback card focuses on one feature and one feature only: cashback!
You won't find any impressively long balance transfer deals or free purchase periods, and the standard rate of the card is a fair but not outstanding 15.9% typical APR.
What you DO get is a pretty impressive cashback rate of 4% - although this lasts for just 3 months, before reverting to a less impressive but still attractive rate of 1%. Capital One say there's no catches - unlike certain other competing cards there are no exclusions on what you get cashback for, it applies to all purchases.
There's really not a lot more to say about this card. If you have a good credit rating and spend a lot on your current card, without needing additonal features, then the cashback you could earn with this card could make it well worth switching.
Platinum Cashback Card Summary
CARD NO LONGER AVAILABLE, details are for archive purposes only.
| Standard Rate: | 15.9% Representative APR (variable) |
| Balance Transfer Deal? | No balance transfer offer |
| Purchases Deal? | No offer on purchases |
| Introductory Cashback | 4% for 3 months |
| Standard Cashback | 1% |
| Annual Fee: | - |
| Interest Free Period: | Maximum of 45 days on purchases |
| Minimum Repayment: | 3% of balance or £5, whichever is greater |
| Minimum Credit Limit: | £1000 |
| Maximum Credit Limit: | £16000 |
| Notes: | Featuring a high cashback rate of 4% for 3 months |
| Representative Example: | Assumed borrowing of £1200, representative 15.9% APR (variable). Purchase rate 15.9% PA. |
CARD NO LONGER AVAILABLE, details are for archive purposes only.
