Capital One Bank Circle Mastercard

Update August 2004: from the end of this month, the cashback rate is being reduced to 0.5%. This makes cards such as Mint and CreateCard (both at up to 0.8%) much more competetive. Amex Blue is still at 1%, and the new Amex Platinum credit card (now you can apply for it rather than wait to be offered it, as the other benefits have largely disappeared) doe 0/5% to £2000 pa, then 2$% on all purchases above this. Make your own decisions! Having checked extensively on Capital One's website, I can't see that they do two Circle Mastercards - and the one I've got - Circle Rebate - offers 1% cashback ... more

i was quite disappointed upon getting this card, When i was 18 i thought i would apply for a couple for emergency use and the occassional purchase, I applied for a Barclaycard VISA and got one at 17.9% with a £400 limit and then the Capital One Mastercard, this arrived with a very disappointing in comparison 29.9% APR and only a £200 limit. I don't have any CCJ's nor am i blacklisted. I have used both cards and recently had my Barclaycard credit limit increase to more than double what it was when i got it last May, the Capital One card has recieved no such increase and no reduction in the APR ... more

I may be diverting off of the subject a little here, although I hope I am not! I thought I would write about Capital One as a company and the benefits I have found from being with them. Firtsly I would like to say well done! I mean being stuck in a queue for hours on end talking to a person who speaks with the same dull tone and repeats herself continuously is not my cup of tea and sadly you get that now-a-days. We are living the automated era, where people cannot be bothered to speak to people. Instead we talk to machines who have been programmed for our satisfaction... hmm I think not. Well ... more

I had seen adverts for this the Capital One Master card every where. Deciding on applying for one was easy as it would only be used in emergency! I applied and opted for the payment protection plan as well. Interest is 2.248% a month so it is a nice little earner for the Bank. My limit started at £200 but has been steadily rising since then. I did not have any CCJ when I applied. 5% of the balance has to be paid off every month on £900 that is £45. If a payment is late £20 is charged to your account. The payment was not received on time; so it was late as the statements did not arrive three ... more

I signed up to this card because I myself was advertising the cards on my site. It was the first credit card i had applied for and didn't realise how difficult it could be at my age to get one. They signed me up with no problems at all and i was sent my personally designed card within a week. I had £1000 credit limit (whether this was a good thing or not i'm not sure). The first 6 months were interest free and worked out really good value. I only had to pay for interest on Euros that i bought using the card. I pay the bill by internet banking and it is very easy, with payments being processed ... more