If you've watched TV lately, you've probably seen a commercial for a No Hassle cash rewards credit card from Capital One. The No Hassle cash rewards credit card is similar in many ways to the majority of cash rewards credit cards in that it offers consumers cashback on every dollar spent on your card. Here, we will examine the Capital One No Hassle cash rewards credit card and compare it to similar credit cards on the market.
ABOUT THE CARD: Capital One's No Hassle cash rewards offers provide a flat 1% cashback on all purchases made with your credit card, as well as annual 25% cashback bonus. Ultimately, the total cashback rate is 1.25%, although only 1% is accessible immediately. A unique feature of the No Hassle cash rewards program is that there is no minimum cashback amount needed to redeem your rewards. That means you can redeem $ 1 or $ 100 whenever you want.
The No Hassle cash rewards program also offers no limit to the amount of cashback you can earn, special discounts of up to 40% on featured deals from Capital One as well as 10% when you use your card at Capital One Saving Zone on Yahoo! Shopping.
ABOUT OTHER CASHBACK CARDS: Just about every major credit card issuer offers a cash rewards credit card. One of the most well-known is the Chase Freedom Card, which is heavily advertised. This card differs from the No Hassle card in that it offers 3% cashback in the spending categories you spend the most in as well as 1% on all other purchases.
Another well-known cashback credit card is the Blue Cash credit card from American Express. This card offers up to 5% cashback on gas, grocery, and drugstore purchases, as well as 1.5% on all other purchases. However, this offer is best for larger spenders, as you must spend $ 7,500 to reach these cashback levels. On the first $ 7,499 of spending, you only earn 1.5% and .5%.
A final cashback credit card worth mentioning is the Discover Open Road Card. This credit card offers a full 5% cashback on all gas and auto maintenance purchases, as well as up to 1% cashback on all other purchases.
FINAL WORDS: When applying for a credit card such as the No Hassle cash rewards credit card from Capital One, be sure to look at not only the rewards program, but also more important details such as the long term interest rate, the length of the 0% introductory period, if any, as well as annual fees. Racking up cashback rewards can be great, but if you're paying a higher interest rate, you're not really being rewarded.