Cash The Checks

Personal Finance Blog With Advice On Making Money And Saving Money

To my surprise this morning I received a letter from Capital One. I thought it was yet another credit card offer, or changes to their policy, or some credit card checks. To my surprise when I took a look, it turns out my regular Capital one Visa Card is being upgraded to a “Capital One Visa No Hassle Rewards Points Platinum Card”.

The major change is that now I earn 1 point for every dollar I spend. These points can be redeemed for gift certificates or even a payment made by check.

2,000 points gets you a $5 gift card at BlockBuster or at Bed, Bath and Beyond. Another bonus is when you spend $3,000 or more in a year, you’ll get an extra 5,000 points. After doing some calculations, spending $500.00 per month will get you 6,000 points per year, add the 5,000 bonus and that’s 11,000 total points, which is enough for a $50 gift certificate and you’ll still have some points left over.

It doesn’t sound like much, but it’s an extra $50 per year that you would’ve never had to begin with, for doing what you already do, use your credit card. It’s these little things that count, that add up to a substantial amount at the end of the year.


mary l cleary on 07/27/06

i have a capital one card and i’m not getting these rewards nor do i know what i should receive

Eddie on 07/27/06

I don’t think they’re giving these to all of their customers. Maybe if you give them a call they’ll send one to you.

Lamont Heaps on 08/02/06

I cannot get the site to address how I can redeem my points. Everything I try just skirts my attempts. What’s up?

Eddie on 08/03/06

I can’t see how many points I have or how to redeem them either..

CHARLES TADDEO on 01/10/07


Cynthia Monaghan on 01/31/07

See how many point I have and how to redeem them or roll them to another card.

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