Capital One® Cash Rewards for Newcomers

Capital One Cash Rewards for Newcomers
Apply now | Details
- A card designed to help those new to the U.S. establish credit and earn cash back
- Build credit with automatic reporting to the three major credit bureaus
- Get 2% cash back on travel purchases
- Earn 1% cash back on all other purchases
- No foreign transaction fees
- No annual fee

(4.0 out of 5.0)

Information - Rates - Fees

Intro APR:
N/A*
Intro Period:
N/A*
APR:
24.90%*
APR Type:
variable
Annual Fee:
N/A*
Issuer:
Capital One
Card Network:
MasterCard®
Card Category:
Consumer (Regular)
Card Type:
Reward Card
Credit Needed:
Limited*
Grace Period:
25 days*
Min Finance Charge:
$0.50
Late Payment Fee:
Up to $35*

Balance Transfers

Balance Transfer:
No
Transfer Fee (%):
0.00%

Cash Advances

APR on Cash Advances (%):
24.90%
Cash Advance Fee (%):
3.00%
Minimum Fee:
$10.00

Other Fees

Additional Fees
Returned payment fee: $39.00
Return Check fee: $35.00

Review

Getting your first credit card can be an exciting time. Of course, it can also be a frustrating time since it isn't always easy to get a credit card when you don't already have one. Things could change, though, thanks to Capital One. They developed this new MasterCard for people who are new to the United States (and therefore new to credit). It gives you competitive rates but also features automatic reporting to the three major credit bureaus.

This card also gives you access to great MasterCard benefits. This includes things like Price Assurance and Warranty Extension for your domestic purchases. It also includes various travel features that ensure your convenience and keep you and your money safe no matter where you go.

Features

Most attractive:
- No annual fee
- Credit reporting
- Free rewards program
- Cash Back rewards
Least attractive:
- Slightly high APR on purchases
- No introductory offer
- No bonus rewards

Rewards & Benefits

Reward Types:
Airline Reward Cards
Cash Back Reward Cards
Travel Reward Cards
Universal Reward Cards
Reward Unit:
Cash
Rewards:
- Get 2% cash back on travel purchases
- Earn 1% cash back on all other purchases
Expiration:
None
Yearly Limit:
None
Other Benefits:
- $0 Fraud Liability
- 24-hour travel assistance services
- 24-hour roadside assistance
- Extended warranty program
- Travel accident insurance
- Auto rental insurance
Online Access:
Yes!
Credit Reporting:
Yes!

The information provided for Capital One Cash Rewards for Newcomers is believed to be accurate at the time of evaluation (Mar 8, 2012). We strongly advise visitors to review the terms and conditions provided to verify accuracy of the information posted prior to applying for the product.

Back to top
You may also be interested in:

Credit Cards