A few years ago, I applied for seven different Spark Cash Back Rewards cards from Capital One. A few of them were under my husband’s name and the rest were under mine, but I set them up under our blogging business and the business we have for our rental properties. I earned seven different signup bonuses through these cards alone, which is probably why Capital One will no longer approve me for any of their credit cards — even when I receive a targeted offer!
This makes me sad because I would love to keep taking advantage of their bonuses in perpetuity. I guess I understand though because I am a terrible credit card customer. I always pay my balance in full and never pay interest, so I mostly just take the rewards and run.
My Favorite Capital One Credit Cards
If you haven’t burned your bridges with Capital One yet, I do suggest signing up for a few of their credit cards. Here are the favorites I would apply for (if I could):
Capital One Spark Cash for Business
Even though the Capital One Spark Cash is the card that ruined Capital One for me, I still suggest it to small business owners. This card gives you 50,000 points worth $500 after you spend $4,500 within three months. You also earn 2x points for each dollar you spend, which makes it easy to rack up rewards fast.
When it comes to redeeming rewards, you can cash them in for statement credits to cover any purchase at a rate of one cent per point. There’s a $95 annual fee, but it’s waived the first year.
Capital One Venture Rewards
The Venture from Capital One is another card that gives you 2x points for each dollar you spend, although it’s a personal credit card and not a business card. You also earn 50,000 points worth $500 after you spend $3,000 within three months of account opening. On the redemption side, you can cash in your points to cover travel purchases at a rate of one cent per point, but you can also transfer them to several different airline partners. There’s a $95 annual fee, but it’s waived the first year.
Savor Rewards from Capital One
If I could get one card from Capital One right now, it would be the Capital One Savor Card. This cash-back credit card gives you 4% back on dining and entertainment, 2% back at grocery stores, and 1% back on all other purchases. You also get 30,000 points worth $300 after you spend $3,000 on your card within three months of account opening. There’s a $95 annual fee, but it’s waived the first year.
The Bottom Line
If you’re still able to get credit cards from Capital One, these are the three I suggest above all others. While I don’t like Capital One cards nearly as much as Chase or Citi credit cards, there’s value to be had in their flexible rewards program. And since they each offer a big signup bonus the first year, why not sign up?
What is your favorite Capital One credit card? Why?
[Featured Image: Wikimedia/ Tdorante10]
Source: frugal travel guy