Capital One has Launched a 4% Cashback Card

jojo1978_3

lisyloo wrote: »

But can't you spend £6K in week 1, pay it off in week 2 and then spend it again in week 3.
This isn't "pre-loading" just paying off what you've spent then spending it again.

Isn't that possible? or is it limited to your credit limit per month?

Can't see them having an issue with that.
Wish i had the funds to do something like that, could make a fortune.;)

lisyloo

The figures I've mentioned aren't realistic but it can work well if you have business expenses.

We've got 2 lots of business expenses plus a holiday to book so will work out well for us.

jojo1978_3

I've just had a quick flick through my husbands cc agreement, and it doesn't actually mention any clauses relating to limits on cashback, but it would be worth checking when you call to activate the card. Will get my husband to clarify it when he receives his card.

mojo_jojo

I got my Capital One cashback credit card agreement yesterday and posted it off. Hope to get it soon as I need to book a hotel for my honeymoon

carpy

anyone seen a card yet?

i received and signed/posted back my agreement on 21/6/07

Redbedhead

Redbedhead wrote: »

Have applied and have been advised they will be in touch within 7 days. I fulfil all the criteria but can't remember when I cancelled my last Capital One card. Plus I applied for it with H as a 2nd card holder - will the decision be affected if he has a capital one card (which I don't 'think' he does)?

Had confirmation yesterday that we have been accepted and the form has gone back today:j

How quick were they to get the card out to you?

Redbedhead

Those who have their cards - do you know what sort of credit limit you have been given in relation to other providers?

smellymel222

I got my capital one card yesterday after waiting about 8 working days after i had signed and sent back the credit agreement and have been given a credit limit of £7500.

Middle_Sister

No card as yet but rang them up to find out credit limit - mine is £6K

dwileflunker

:rolleyes: Got my application approved straight away and got card with £7500 credit limit. Used it without problem but I haven't been able to change PIN as they said I could. Cash machines rejected PIN change so I contacted Cap 1 (call centre probabley India) who said they were having problems and couldn't tell me when it would be rectified. Not a major problem but I like to choose my own PINs. Will try again in a few weeks.