Capital One is a Fortune 500 bank holding company that specializes in consumer credit cards. Originally founded in 1988 by Richard Fairbanks, Capital One entered the mass credit card market in the late 1990s. Since then they have grown to become one of the most widely recognized credit card brands in the world. Capital One currently offers 12 different credit cards, each with its own requirements and contract terms.
The two Venture Visa programs offer a faster way of accumulating travel rewards. While standard travel reward cards offer 1 mile for every dollar spent the Venture Rewards card offers 2 miles per dollar purchased. The Venture One card accumulates points at a lower rate, 1.25 miles per dollar purchased, in exchange for lower APR rates. Holders of both cards can redeem points for any travel expenses and have no blackout dates or seat restrictions for redemption.
The Platinum line of MasterCards each offer the cardholder zero dollar fraud liability, extended warranty on purchases, and automobile rental and travel accident insurance when the card is used for payment. The main difference between the Platinum cards are the APR rate, annual fee and the credit score needed to qualify. The Platinum and Classic Platinum are both cards for individuals with average credit ratings. The Platinum offers a lower annual, but the Classic Platinum has a lower APR rate. The Prestige Platinum for those with excellent credit ratings offers the lowest APR and no annual fee.
Both QuickSilver Rewards cards offer all of the same benefits as the Platinum line with similar APR and annual fees, but the QuickSilver One Rewards MasterCard also offers 1.5% cash back on every purchase. The cashback rewards earned can be redeemed at any time and never expire. The QuickSilver Rewards Visa, for those with excellent ratings, has a lower APR and no annual fee. It features all of the benefits and rewards, but has extended benefits including travel upgrades, 24 hour concierge service, and special access to events and shopping discounts.
The Journey Student Rewards
The Journey Student Rewards Card is a card especially designed for students with limited credit who are trying to build their credit history. The Journey Card features the same benefits as the Platinum line, but it also features 1% cashback on all purchases, no annual fee and lower than normal APR rate. To reward responsibility among new credit card users a 25% bonus on the cash back earned is given every month for on time payment for a total of 1.25% cash back
The Spark cards are Capital One’s business rewards cards. Each features different rewards. The cashback rewards cards are the Spark Cash for Business and the Spark Classic for Business which offers 2% and 1%, respectively, for all purchases made. The Spark Miles for Business offers 2 reward miles for each dollar purchased.