To address the needs of people with bad credit histories and those who have no credit background, many financial institutions and credit card companies have devised special credit cards that will allow the card holder to repair their credit standing in no time. In the case of Capital One, their prime offer is the Capital One Classic Credit Card.

The Capital One Classic credit card is designed for people who are suffering from a bad credit rating. This allows one to get cash advances, and make purchases without the use of cash. Such can be very effective in repairing your credit rating, provided that you will pay your bills on time and in full.

Unlike other credit cards, there is no introductory offer for the Capital One Classic Credit Card. Instead, the APR will have a variable rate of 2.53% on a monthly basis or 34.94 on an annual rate. The same rate also applies to balance transfers and cash withdrawals. However, if you plan to pay your balance in full every month, you can get a maximum of 56 days for your interest free period. There is also no annual membership fee to talk about.

If you avail of a Capital One Classic credit card, you can purchase anything you want for as long as they will not exceed your given credit limit. You can have a credit limit of at least £100 or £2,500 at most. This, however, will be based on your financial capability at the time of your application. Your credit worthiness will then be gauged according to your monthly income and your existing debts.

If you cannot pay your credit card balance in full, you can opt to pay at least 5% of your total credit card balance. However, if you fail to pay on time, you will have to pay for late payment charges. There are also returned credit card cheque charges and over the limit fees as well as foreign currency conversion charges.

Despite the many charges that can be applied on your balance, what’s good about this credit card is the fact that you can ultimately avoid all the fees for as long as you do not overspend and you can pay all your balances within the interest free period.

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The most notable Capital One Credit Cards

Capital One® No Hassle Miles(SM) Rewards

This Capital One credit card is available for people who have excellent credit ratings. For the first twelve months of card use, you will have Zero rates on your purchases using the card. After the introductory period however, your APR will go up to 9.90%. However, that rate is still considerably low as compared to other credit cards. There are also no annual membership fees.

With this airline rewards credit card, you can also earn 1.25 miles for every dollar you spend on your purchases. What’s good about this card is that there is no expiration for the miles that you earn. There is also no limit on the number of miles that you earn for a specific period of time.

Capital One ® Platinum Prestige Visa ®

This Capital One card is the most popular among its balance transfer card varieties. Just like the No Hassle credit card, this card is for those who have an excellent credit rating. For the first twelve months of your card use, you will have a Zero APR matched with a Zero balance transfer rate. After the first year of credit card use however, your APR will amount to 8.90%. Such is still a very reasonable low interest rate since most cards will have an APR of 14.90%. There are also no processing fees, set-up fees, and annual membership fees.

Capital One® No Hassle Cash(SM) Rewards

This is the prime cash reward credit card offered by Capital One. Through its reward program, you can earn a cash back rate of 1% on your every purchase. Fortunately, there are no limits as to how much you can earn and there are no deadline as to when you ought to redeem your cash back. In addition to that, you can get a 25% annual bonus for all the cash that you earn during this year.

If you opt for this card, you will get a Zero interest rate on all your purchases during the introductory period. This period will last for six months. After the first six months, your APR will go way up to 16.90%. There is also an annual membership fee that amounts to $29 but there are no processing and set-up fees.

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You can put a picture of your choice on your card and make it the face of your card, the point is to design a capital 1 credit card that screams YOU and represents who you are as a person and a client of capitol 1. No more boring plain colors or two shaped patterns, now you are given the creative freedom to come up with whatever your heart desires all on one credit card.

If however you don’t feel like customizing your own card that represents you to a tee, then there is also a standard capital 1 credit card choice and that way you can just choose a pre-planned out plan and card and let them do all the deciding. Capitol 1 offers their capital 1 credit card to everyone of every age group and has specific plans for anyone who applies, ranking pretty high in comparison to other major credit card companies the capital 1 credit card seems to have it all, low to no fees, customizable designs and plans, and great rewards and benefit programs.

With a motto like “do the right thing!” a capital 1 credit card is on the highest level of safety and trust in the credit card world, giving us a lot to think about when making our choice of which company to go with, we all think its too good to be true but this time it really isn’t.

If that isn’t enough to persuade you, capital 1 credit card Company also designs all their buildings to be environmentally safe, using the green building standards. They even use green energy and cut down on costs and waste of energy. An honest credit card company that cares about the environment? Believe it, it’s true and they just keep expanding their minds and hearts in hopes of making this a better place.

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