Yes, it is good to have a Capital One credit card because Capital One cards offer low or no annual fees, generous rewards, 0% APR deals, and no foreign transaction fees. Capital One credit cards are also available to all types of consumers, including students, business owners and people with bad or limited credit. Plus, Capital One cards rank high in customer satisfaction among the major credit card issuers.
Most Capital One consumer and business credit cards are on either the Visa or Mastercard network, too, which means they’re accepted at nearly 11 million U.S. merchants and in more than 200 countries and territories. Many Capital One credit cards also come with a solid list of benefits, such as rental car insurance, extended warranty protection, price protection, travel insurance and more.
Yes. Capital One cards help build credit, as long as customers spend responsibly and pay the bill on time every month. Capital One credit cards are especially good for building credit because they can be free to use, and Capital One reports account information to the three major credit bureaus monthly.… read full answer
Capital One also has credit cards for people with limited credit history or bad credit. In addition, both the primary cardholder and any authorized users they add will build credit if the account is kept in good standing with on-time bill payments.
That said, Capital One credit cards can also hurt the credit scores of primary cardholders. If you miss due dates or max out a Capital One card, for example, this will negatively affect your credit score. When used responsibly, though, Capital One credit cards can help you achieve a good or excellent credit score.
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