Capital One Platinum Prestige Credit Card
The Capital One Platinum Prestige card is created for individuals that do have excellent credit rating. This credit card holds one of the lowest interest rates compared to other cards. If you have an excellent credit, you will enjoy having this credit card as it is considered as one of the elite credit card having a credit limit of up to $20,000.
Apply Today! Capital One - SmartLine™ Platinum MasterCard
How does Platinum Prestige credit card work?
This is considerably a credit card that does not increase on its APR. Capital One has made a guarantee that the APR of the card will not change until the introductory period is exhausted. The only thing you must be keen with this card is that you cannot be late paying off your bills in a twelve month period or within twelve billing cycles. The APR can somehow go up or down depending on the Prime Rate as we all know that rates are easily influenced by any changes of the rates. If you have late payment and the card company has changed your APR, they will usually inform you. But this is not a problem for you since Capital One will put back the rate you had before if you make consistent twelve payments on time. Other changes that they will put up regarding your credit card terms will be notified to you.
Travel and Shopping Benefits of the Card
Having the Capital One Platinum Prestige Card, there are a lot of benefits you will acquire such as shopping discounts once you purchase products at Capital One Saving Zone which is affiliated to Yahoo Shopping. You can also take advantage of the saving you can get which is up to 40% off on all the featured deals that are offered. Aside from that, you can save 10% on all the other products you have purchased using your Capital One Platinum Prestige Card in the Saving Zone.
Roadside assistance services are an additional benefit for the Capital One Platinum Prestige card. If you encounter problems with your car and you are stranded in a particular location, they will provide someone who can help you right away. Another would be on renting a vehicle utilizing your credit card. You will be honored with damage, loss, collision insurance as well as roadside protection. All of these services are available and on standby 24/7.
Apply Today! Capital One - Aspire™ Gold MasterCard®
Another essential service that they will grant you is the benefit of having a 24 hour emergency travel assistance and travel insurance. This will only be given once you are using your Capital One Platinum Prestige card to get and buy the fare. Emergency card replacement and cash advance features are extra advantages for all cardholders in cases where your card is lost or stolen. Aside from that, a $0 fraud protection that gives you assurance that you are not going to be charged with any unauthorized purchases.
Fees for the Credit Card
The credit card does not have any annual fee and they guarantee you that this will never change. The APR will be fixed and would not also change even if the introductory period is over. Capital One Platinum Prestige cardholders can take pleasure in the yearly savings they get since the annual percentage rate is at 0%. When the introductory period is done, the rate will just be at very low interest rate of 7.15%.
This will also apply to purchases and balance transfer transaction you have made with your card. Yet, the fee for cash advances will be at 21.15% which is somehow in existing daily periodic rate. If you have paid fully your previous balance before the due date, the card company will grant you a courtesy grace period of 25 days until the late fee will be charged. Late fee will from $15 – $39 which will depend on the amount of balance on your account. If ever you go beyond your credit limit, there will be a fee of $19 – $39 that will be charged on your credit card account.
See Also
Student Credit Cards Canada
Rewards Credit Cards Canada
Prepaid Credit Cards Canada
Points Credit Cards Canada
Platinum Credit Cards Canada
Gold Credit Cards Canada
Bad Credit Cards Canada
Balance Transfer Credit Cards Canada
Best Low Interest Rate Credit Cards Canada
Rewards Program Canada
External Links
Cardwisdom.com
Nerdwallet.com
Maybenow.com
