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Capital One Classic 1% cashback question?
funnyguy
Posts: 2,561 Forumite
in Credit cards
Has anyone applied for this?If so I wondered what credit limit they offered you? As my existing card offers me £8500 and I want to buy a car soon for £7000,so the 1% seems quite appealing to me as I always clear card off monthly[..but on the application form there is nowhere to state how much credit you want..
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Comments
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Uh, the Classic is for people who are new to managing credit, although there are reports that it can go a bit higher, this is what they say now:
Credit limit
Minimum credit limit
£200
Maximum credit limit
£1,500
Also - car sellers generally add card costs to the price, *if* they accept cards. For credit cards, 2-3% on top of the original price is not uncommon. So your plan has a few holes
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