Capital One Gold MasterCard 11.9% Guaranteed for 3 Years Credit Card
If you are searching for ideal credit card and have problems choosing which one is suitable for you, you must know some things first. Prior in applying for a credit card, there are a lot of significant things should be consider first. If you desire to have a good quality credit card, you must currently have an excellent credit rating. This is required given that credit card companies only offer the top of the line cards for the finest customers.
Credit Card Annual Percentage Rate
Aside from that, you must check the APR or the annual percentage rate. For introductory rates, card issuers are giving credit cards that do not have APR. This is huge for the cardholder as they would not be paying any annual rate for quite some time. However, the introductory APR will only be waived for a certain period. Once it has pass the grace period, you will be stunned of the introductory APR and the amount that you would be paying.
It is best to search for credit cards that have fixed annual percentage rate. The Gold MasterCard only grants low long-term rate of 11.9% on all purchases and balance transfers guaranteed for three years but you must pay off your bills on time. Afterwards, you can take pleasure in the low variable rate of prime +9.9% on purchases. The annual interest rate of 19.8% will only be applied to cash advances. Having the Gold MasterCard, there is no fee in availing the balance transfer service. You can put aside ample amount of money when you transfer your debt from a card having high interest rate.
Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!
Annual Fee of the Credit Card
Additionally, the annual fees take part in the cost of owning a credit card. Fees coming from balance transfer, cash advance and penalty and others are being charged to the cardholder. These fees ordinary as card issuers search for various ways to make profits. The Gold MasterCard only charges the cardholder $19.00 which is a reasonably priced. This gave the card an edge over other credit card offered in the market.
Possibly, the most excellent thing with credit cards is the rewards. Each credit card issuer offers their clients air miles or cash back rewards. The Gold MasterCard grants 1 mile as reward for every $1 spent using the card. It can then be exchanged for travel, merchandise and gift cards. You can also opt for 1% cash back as a reward. The more you spend utilizing the card, the more you accumulate rewards.
Significant Factors in Choosing the Best Credit Card
There are several factors to consider when you select which credit card is best for you. You must be keen enough in order for you to end up picking the excellent card to use.
Gold MasterCard 11.9% Guaranteed for 3 Years is a credit card coming from Capital One that has been fashioned in such a way that you can utilize it all over Canada. This MasterCard can be either be used online and offline. This card has purposely been available for those that possess good credit history. To belong under the category of having a good credit, you are mandate to pass the different standards of the card company. One of the most essential things is making sure that you have preserved a good credit history for the last seven years. Picking for this MasterCard has great benefits that await you.
New Credit Cardholders
For starters, this MasterCard will charge a rate of 11.9% for the first three years. This rate is guaranteed for only three years. After which, the rate will return to its annual variable rate of +9.9%. This MasterCard also provide $0 fraud liability. This means that if you have lost your car or unauthorized transactions are discovered, you will not be accountable in paying for it. One of the finest things with this MasterCard is that you are given the 24/7 customer service. If you have encountered any problems or have inquiries about your credit card, there is always someone who can address your concerns.
Other Benefits of the Credit Card
Other than that, another benefit of this credit card is that it can be utilized in countries all over the world. For purchases transactions done abroad or within Canada you are always entitled of purchase insurance. This insurance covers almost all the products that you bought that encounters theft and have been damage within the period of 90 days. Once the insurance is expired after the 90 days period, you can avail the extend cover for another year of insurance on each item you have by the extended warranty program.
The greatest thing with this Gold MasterCard is that it grants you other extra benefits. These comprise car rental collision and damage waiver. The purpose for this is that it gives you protection as you use the car and in time when a damage happens to your vehicle. The card also put forward travel accidental covering up to $250,000. Because the card is powered by MasterCard, it very much accepted in Canada as well as other place around the globe. The card can also access countless of ATM machines not in your areas but also in other countries for just small charge.
See Also
Best Credit Cards Canada
Best Balance Transfer Credit Cards Canada
Best Cash Back Credit Cards Canada
Best Capital One Credit Cards Canada
Best MasterCard Credit Cards Canada
Best MBNA Credit Cards Canada
Best Visa Credit Cards Canada
Best Secured Credit Cards Canada
Travel Credit Cards Canada
External Links
Creditcardapplications.ca
Cardoffers.com
Creditcardscanada.org
