|by Mr Credit Card|
Summary: The UK Capital One plus credit card offers 0% on purchases until 1 October 2010 as well as the free benefits that are included for all Capital One cardholders.
Criteria for Qualification: You will more likely be accepted for this card if you have a long history of successfully managing credit, are over 18 years of age and if you are on the electoral roll. You will probably not be accepted if you have had any CCJs or defaults or have never had credit in the UK.
Features and Benefits: An introductory APR of 0% on all purchases until 1 October 2010 with a credit limit of up to £5,000. After that, rates will either be a 14.9% APR variable or 24.9% APR variable which depends upon individual circumstances. There is no annual fee for this credit card.
Other free benefits include:
- Financial and personal security protection benefits.
- Add up to 3 cardholders to your account which can be a family member or close friend.
- Access your account online at anytime and from anywhere. Monthly email alerts can be set up to remind you of upcoming payment due dates.
- Purchase protection insurance covers against loss, damage or theft for 100 days after the purchase is made.
Conclusion: The Capital One Plus credit card is not a card for those with no credit or bad credit, according to the criteria required to be accepted. Some of the benefits and features are standard but others are exclusive to Capital One cardholders. If you meet the criteria and are looking for a Capital One credit card that has no annual fee and 0% interest on purchases, you may be interested in this credit card.