Capital One credit cards for people with fair credit now a reality
With the credit card industry loosening its norms to a certain extent, people with fair credit have a chance of availing credit cards with favorable terms. A number of banks are coming up with exclusive deals just for people who fall under this segment. Unlike in the past, where most of them were limited to choosing between secured credit cards and prepaid cards, today there are a lot more options in terms of unsecured credit cards.
Of all the banks that offer credit cards for people with fair credit, Capital One takes the cake with three different cards under this category. The Standard Platinum Credit Card(OFFER EXPIRED) from this bank is one such card that waives off the annual fee of $19 for the first year. The interest rate on the card is variable and starts from 24.9% onwards. Consumers get the option of personalizing this card with the image of their choice.
The No Hassle Cash Rewards Credit Card(OFFER EXPIRED) is another offering by this company for consumers with fair credit scores. Card holders can enjoy 2 percent cash back when they use this card to purchase groceries and fuel. Every other purchase entails them to 1 percent cash back. There are select 300 outlets in the country that offer 15 percent cash back to customers who use this card to pay for their purchases. The card carries an annual fee of $39 and the interest rate varies between 17.9 percent and 22.9 percent.
The Classic Platinum Credit Card is the third card by Capital One under this segment. This card also has a $39 annual fee which is not waived off for the first year and the interest again varies between 17.9 percent and 22.9 percent.
Latest Fair Credit Credit Card News
Once your credit score crossed the “fair” line, on the one hand, you may feel a sense of relief, since you finally got out of bad credit. On the other hand, good credit may still seem so distant.
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Whether you have fair credit, are just starting to build a credit score, or already have good credit, you can apply for the new Starbucks Rewards Visa card from Chase. The card is integrated directly into the Starbucks Rewards customer loyalty program, so it’s easy to redeem rewards. The card is accepted worldwide everywhere that accepts Visa, and rewards can be redeemed for free drinks and snacks at over 8,000 Starbucks locations around the globe.