Review of Capital One No Hassle Cash Rewards Card

With Capital One No Hassle Cash Rewards Card, cardholders earn cash by buying things they use regularly. Regardless of what they buy, cardholders earn 1% cash back. They will earn 2% on their groceries and at gas stations when they use their card for those purchases and earn up to 15% more cash back when you shop over 300 retailers. The rewards are unlimited and never expire. Those who worry about paying interest on things like gas and groceries can limit it by paying off their balance on time every month. This can be achieved by keeping money allotted for gas and groceries in a savings account, then transferring it into a checking account when it is time to pay the Capital One No Hassle Cash Rewards credit card bill. If it takes a while to get used to shopping this way, that's okay because a Capital One No Hassle Cash Rewards Card offers a 0% APR on purchases until August 2012. Plus Capital One No Hassle Cash Rewards has no foreign transaction fee. Like most of other first credit cards, this card does charge $39 annual fee. However if you spend just more than $2000 on gas and groceries every year, or over $1300 traveling abroad, which is typical for most people, the cash rewards you get from the card are more than enough to make up for the annual fee.

Capital One® Cash Rewards 50% bonus on the cash back you earn every year 1% cash back on all purchases Earn unlimited cash back that doesn't expire Redeem cash back anytime for any amount, even set automatic redemptions Personalize your card with an image of your choice 0% intro APR on purchases until March 2013 Auto rental insurance - use your card to rent a car and you're covered for collision, damage, and loss No foreign transaction fees Click here for official application, terms, and details

Intro APR Intro APR Period Regular APR Annual Fee 0% on Purchases until March 2013 17.9% - 22.9% variable $39

For those who do want or need to make larger purchases, they will also find that the Capital One No Hassle Cash Rewards Card is the best first credit card. If cardholders purchase things they may need right away, such as furniture or a new computer, when they first get their card, they will be able to enjoy zero interest while they either pay off their card or pay down their balance. When someone's birthday sneaks up on them, or they need to pay for unexpected car or home repairs, they will have a card handy. Interest rates are as low as 17.9 percent for those with average credit, and with consistent payments, credit gets better, so after several months of using the card, it is possible to get the rate lowered even further.

The Capital One No Hassle Cash Rewards Card also carries all the benefits that MasterCard Platinum has to offer:

$0 Fraud Liability

If your card is lost or stolen and used without your authorization, you will not be liable for those charges.

24-hour travel assistance services

If your credit card is lost or stolen, you can get an emergency card replacement and a cash advance.

24-hour roadside assistance

If your car breaks down or you get locked out, call us and we'll send someone to the rescue.

Extended warranty program

You'll get additional warranty protection at no charge on items that are purchased with your credit card.

Travel accident insurance

Get automatic travel insurance at no extra charge when you use your credit card to purchase your fare.

Auto rental insurance

Rent a car with your credit card and you can get collision, damage and loss insurance.

In addition to the benefits of the Cash Rewards Card itself, Capital One also makes billing easy. Cardholders can pay their bill online through their secure site, by phone or by mail in a payment. They may also choose to set up email reminders or automatic payments in order to manage their account. It's all up to the cardholder. However it's managed, the Capital One Cash Rewards Card is a great first credit card.