Capital one offerings for people with limited credit history
When there is no credit history things can get difficult and even frustrating at times especially if you are trying to apply for a credit card or trying to avail some loan. Establishing the initial credit history can be quite a tricky situation for most people. If you don’t have credit then there might not be too many places that would be willing to offer you credit and then how will you be able to establish credit with a no-credit history?
However, now there is hope for those with a limited credit or a no-credit history as Capital One has the following credit cards as well as the prepaid debit cards that are exclusively meant for these individuals. One can make a comparison of these cards and apply online after choosing the right type of card. It is easy to fill an online application from any of the secure websites.
Now there is the Capital One Cash Rewards for the newcomers and this is a card that has been designed to help the newcomers in the US to establish their credit and also earn cash back. It helps in building credit while also reporting to the 3 credit bureaus. This card also offers 2% cash back on all travel purchases and 1% cash back on all other purchases. This card carries no annual fee or foreign transaction fee.
The Capital One Standard Platinum Credit Card(OFFER EXPIRED) carries no annual fee the first year and you could get your image card which is a personalized card. This card has $0 fraud liability in case the card is stolen. You can monitor spending with free text alerts that you receive.
Latest No / Limited Credit Card News
They say knowledge is power. And in the case of credit scores, it seems to be true.
A recent survey by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC, found that people who had recently gained access to their credit score knew more about how credit scores are calculated than those who are unaware of their scores.
New reward options for Chase card users may get them to download and use a mobile wallet app, even if they’ve been reluctant to do so before. Chase Freedom is offering 5% cash back on up to $1500 in purchases over the first quarter of 2018, when they make purchases with Chase Pay, Apple Pay, Android Pay, or Samsung Pay.
When you’re in the market for a new credit card, nabbing one with the lowest APR possible is of primary importance. So customers of Navy Federal Credit Union will be glad to hear that the APR for its Platinum and GO REWARDS credit cards have been lowered, to 6.74% and 9.74%, respectively. The change took effect June 30 and will be the ongoing rate for an unlimited period of time.
Green Dot Corporation has acquired the popular prepaid card co-founded by Russell Simmons, RushCard, for $147 million.
The Consumer Financial Protection Bureau (CFPB) is considering a proposal that would change the way debt collectors operate in the United States. The new guidelines would limit the ways collection agents can contact people with debt, and ensure that the correct amount of debt is collected.