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PrintCapital One Credit Card Interest Rates Lowered; New 0% Offers
Credit October 2nd, 2008Capital One has lowered interest rates and added or extended 0% APR offers on purchases and balance transfers until October 2009 on several consumer credit cards. In today’s tricky credit market, Capital One credit cards continue to be some of the best available to borrowers with a wide range of credit scores.
I, in fact, just snagged a Capital One card to transfer a small balance from a pesky high-rate Citibank card. Here’s a look at select Capital One credit cards and their interest rates and balance transfer offers:
Capital One No Hassle Miles Rewards (Excellent Credit)
Already one of my top credit card picks for frequent fliers; Capital One lowered the regular interest rate from 13.9% APR to 9.90% and added a 0% APR on purchases and balance transfers until October 2009. (A 3% fee applies to transfers). This card does require really, really good credit. If yours isn’t spotless, try one of the other cards below. Learn more about this card »
Capital One® No Hassle Cash Rewards (Good Credit)
For those with good credit, this Capital One card makes a great gas and general cash back rewards card. You’ll earn 2% cash back on gas and groceries, 1% back on everything else, with no limits. Plus, they lowered the APR to 13.90% and added a 0% intro interest rate until October 2009. Learn more about this card »
Capital One Platinum (Average Credit)
For borrowers with average credit, this Capital One Platinum credit card offers a great regular interest rate of 8.90% and a no-fee 0% balance transfer offer until February 2009. There’s a $39 annual fee, but it’s still a deal if you’re carrying a balance at a higher rate. Learn more about this card »
Looking for different rates or rewards? Compare more Capital One cards »
Related Posts
- For the Lowest Credit Card Interest Rates, Look to Small Banks
- The Best Credit Card Offers for Young People (Update)
- 5 Questions to Ask Yourself Before Transferring a Credit Card Balance
- Five Reasons to Apply for a Business Credit Card as an Individual Consumer
- Q&A: What kind of credit score do I need to get approved for a balance transfer credit card?
October 22nd, 2008 at 3:04 pm
Thanks for this post! I took your advice and applied for a card with 0% interest. I was able to transfer two balances from cards with VERY VERY high interest rates! Even though I’ve been their customer for over 5 years, the weren’t willing to negotiate a lower APR. So I had to end my relationship with them. Capital One is definitely NO HASSLE!