Exclusive capital one credit cards for people with limited credit history

Do not fret anymore if you have a limited credit history. With the recession looking to ease out, credit card lenders are now willing to take calculated risks and offer cards for people with any type of credit history. Here are a few cards that people with limited credit history can avail to improve their credit history and scores.

The Capital One Cash Rewards for Newcomers is a credit card for people with limited credit history. The card does not carry any annual fee and the interest rate on this card is variable at 24.9 percent. Card holders can avail 2 percent cash back when they use this card for travel related purchases. Other purchases entail cash back of 1 percent. This card does not levy any foreign transaction fee and all transactions are reported monthly to all major credit bureaus.

The No Hassle Cash Rewards card(OFFER EXPIRED) is another offering by Capital One to people with limited credit history. The card has a $39 annual fee and the annual percentage rate varies between 17.9 percent and 22.9 percent. Using this card at gas stations and grocery stores will entail you to 2 percent cash back while using this for other purchases will get you 1 percent cash back. Card holders can enjoy interest free period on all purchases on this card till April 2012. Customers can also enjoy a 15 percent cash back bonus when they shop at 300 select retailers in the country.