Friday, July 31, 2009

Capital One Cash Back Platinum MasterCard® with No Hassle Rewards

In the real world of today, credit cards have achieved commonplace stature and things have reached a situation wherein life cannot just move on without that little piece of plastic, craving for your touch. So obviously, the market for such little geniuses is extremely enormous and has always led to newer vistas in credit card sales.

Speaking of the company as such, Capital One was founded in 1988 by Richard Fairbank and Nigel Morris and is now one of the leading players in the credit card market, apart from making inroads into the loans, savings and auto finance sectors too. Capital One’s operations began in Canada in 1996 with the opening of its head office at Toronto. However, unlike in the USA, Capital One does not operate outside the credit card sector. It is the second largest customer of Canada post. Capital One now offers to you the Capital One Cash Back Platinum Master Card with No Hassle Rewards.

This credit card is certainly a one of its kind card in the Canadian market. It is an exclusive card on offer for Canadian residents only. The customer gets to choose from a check or a statement credit. Adding to the existing irresistible features is the bonus of no upper bounds on earning being set by the company. So whatever be your salary, you shall enjoy unequivocal benefits as any other customer of the card does.

The Platinum Master Card should be your priority certainly because you can claim the reward money at any time of your ownership of the card; you need not let it build to a certain amount before collecting the promised sum, or rather worse, wait until the end of the year before you can get your reward sum like other cards of this nature. In addition to this, you start earning rewards right away from the word go. Your average old credit card would always require you to spend 5000 dollars before you qualified for a reward, however this card helps you earn the dollars, right from the moment you have signed the application form.

However, over and above the above given benefits, the greatest asset of the card is that you can use it at just about anywhere you would want to. Your grocerer, the supermarket, gas station- almost anywhere where the plastic thing is accepted. As far as this card goes you will never find any purchase too small.

And as per our estimates, on purchases that reach till a limit $3000, the customer gets to enjoy a 0.5% cash back annually as returns. For example, if this credit card pays you 1% back, and your bills total $2500 a month, you qualify for about $25 in cash each month. That amounts to an amazing $300 a year, just for using the credit card for a period of one year.

In these days of shoe string budgets and recession hit incomes, this is certainly one good way to spend money. And earn it back as well. Hassle free.

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