Two Capitol One Credit Card Rewards Programs
A Credit Article Contributed by Kris Griebe
What is a Capitol One Credit Card Reward Program, and Why Do I Want It?
Capitol One offers a wide variety of credit cards, and rewards programs to match. A reward program is a benefit that comes with a credit card, allowing you to receive bonuses for using your card. Every time you make a purchase, you will be awarded points that can be applied towards any of the offers and bonuses that your card has available. Best of all, the reward program will not cost you anything extra.
You should want a rewards program, as it will enable you to save money, and get something back for using your card. Credit card companies offer these programs to entice customers, because the more customers they have spending money with their cards, the more money they make. In the end, it is a win-win situation for both customer and company. You will save money, and they will make money.
If you are already in the market for a credit card, try looking for one with a reward program. You will be glad you did a few months down the road when you start seeing the results. Capitol One is a good choice, because they offer many different card levels, as well as reward programs to match.
"Go Cash" Capitol One Credit Card Rewards Program:
Capitol One offers a rewards program called "go cash" on their Capitol One Go Cash Credit Card. This program is ideal for a consumer who uses their card to purchase a wide variety of merchandise. "Go Cash" rewards you by giving you 1% cash back on any purchase you make. So, in essence, it is like paying 1% less for anything you buy. If you just bought that nice $1000.00 HDTV, you will receive $10.00 cash back on your purchase. This may not seem like much, but over the course of your membership, you can save quite a bit!
By using your credit card more often, you will save more money, though unless you pay your bill in full each month you will be paying interest. If you manage it carefully though, your 1% savings can make a dent in that interest rate charge! To apply for this program, go to the Capitol One web site, search for the "Go Cash" card, and submit an application for it.
Capitol One "Go Miles" Credit Card Rewards Program:
Very similar to the cash back program, this one allows you to earn free airline miles. Every time you make a purchase, you will receive a number of miles. Most often you will receive 1 airline mile for every $1.00 you spend. Sometimes you can get double miles though! Plus, with this program you get 5,000 free miles the first time you make a purchase. You can use these free miles any time you like, all you have to do is determine how many miles you need for a specific flight (miles do not correspond to actual flight distances).
If you travel often, or wish you traveled more often, this is the rewards program for you. Simply look for the Capitol One "Go Miles" Credit Card on their web site, and apply for it. In no time you will be traversing the globe, thanks to all the free miles you will earn!
