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Capital One launches new credit card offering 4% cashback

14th June 2007 Print
Capital One is launching a new credit card offering consumers 4% cashback on all purchases for the first three months and 1% cashback on all purchases thereafter.

The Capital One Platinum Cashback Card has a competitive 15.9% APR typical variable.

Capital One card customers will also be able to benefit from its newly updated ID Theft Service launched this month. This service helps customers protect themselves against the perils of ID theft as well as helping them ‘pick up the pieces’ if they do encounter the problem. It is the only service of its kind to provide a named advisor for free to provide help at every stage of the recovery and resolution process.

Justin Basini, Head of Brand Marketing, Capital One said: “Capital One’s Platinum Cashback card offers one of the best cashback deals in the market. There are no complicated tiered spending requirements and there are no limits on the amount of cashback customers can earn, so someone spending £3,000 on the card within the first three months could earn £120. This makes the card ideal for people who use their credit card for everyday spending.”

In summary, the features of the new Platinum Cashback card are:

Earn 4% cashback on all purchases for the first three months
Earn 1% cashback on all purchases after the first three months
A competitive 15.9% APR typical variable
Free ID theft service with a named advisor to assist