"Rebuilding Credit"
Capital One® Cash Rewards for Newcomers Review
Written by: gameguru1360 on 2012-02-09
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gameguru1360's review: 
I was surprised that capital one approved me since I'm trying to rebuild credit. Had let a few things go to collections and had paid them off, but the bad mark was still on my record for a couple of years. Like that freescore commercial, I have 2 average scores except for transfax which is in the poor rating of 578.
Capital One got me a credit limit of $300, so I'll use this to get approved of better prime cards. Will only use this card to pay for gas as I want to minimize the amount of transactions on this card...makes for better handling of finances or surprised/unauthorized transactions.
I was surprised for a card for rebuilding credit would offer some cash back on general purposes!
I was surprised that capital one approved me since I'm trying to rebuild credit. Had let a few things go to collections and had paid them off, but the bad mark was still on my record for a couple of years. Like that freescore commercial, I have 2 average scores except for transfax which is in the poor rating of 578.Capital One got me a credit limit of $300, so I'll use this to get approved of better prime cards. Will only use this card to pay for gas as I want to minimize the amount of transactions on this card...makes for better handling of finances or surprised/unauthorized transactions.
I was surprised for a card for rebuilding credit would offer some cash back on general purposes!
4 Comments
Comment 1 by alxny
Re: Rebuilding Credit 
on 2012-02-09
Great Card I have this card for 6 month they started me with $500 and recently they raised it to$750
I have to say I have to cards from this bank and yes
I love capital one .. Like they say whats in your wallet..
both cards are now $750..
just pay on time ,use it here and there and they will take care of you...
on 2012-02-09 Great Card I have this card for 6 month they started me with $500 and recently they raised it to$750I have to say I have to cards from this bank and yes
I love capital one .. Like they say whats in your wallet..
both cards are now $750..
just pay on time ,use it here and there and they will take care of you...
Comment 3 by wanderer
Re: Rebuilding Credit on 2012-02-14
Congrats! Great card to rebuild and set yourself up for the prime cards.
on 2012-02-14 Congrats! Great card to rebuild and set yourself up for the prime cards.
Comment 4 by loveinlifenkc
Re: Rebuilding Credit on 2012-02-15
Cap 1 is a good place to start. I prefer this over Orchard.
on 2012-02-15 Cap 1 is a good place to start. I prefer this over Orchard.
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Disclaimer: This content is not provided by Capital One. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Capital One. Review content is powered by Finance Globe.
Disclaimer: This content is not provided by Capital One. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Capital One. Review content is powered by Finance Globe.
