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.
Latest No / Limited Credit Card News
A recent CreditCards.com poll showed that 6 million or 8% of parents in the U.S. have at least one child using a credit card. Of course, children can’t apply for their own credit card until they turn at least 18, but most issuers allow to add them to their parents’ card accounts as authorized users.
The wedding season is coming up—meaning brides and grooms-to-be are busy tasting wedding cakes, refining guest lists, and booking photographers. But there’s something else they should add to their to-do list, financial advisors warn.
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.