Is it worth getting a Capital One credit card?
The Capital One Platinum Credit Card is a solid option for those with average credit.
It has an annual fee of $0 and also charges no foreign transaction fee, but for many, its standout feature may be that it also offers the chance to earn a higher credit limit after you make payments on time in as little as six months..
Does Capital One waive membership fees?
But that has changed. Capital One is no longer waiving the first annual fee for new Venture Rewards Credit cardholders, according to the bank’s website and terms and conditions. That means new cardholders getting approved for the card will have to pay $95 for the first year and every year thereafter.
What is the annual fee for Capital One credit cards?
Capital One VentureOne vs. Venture: Is the Annual Fee Worth It?At a glanceCapital One VentureOne Rewards Credit CardAnnual fee$0Sign-up bonusEarn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel6 more rows
Is it worth it to pay an annual fee for a credit card?
You want better cash-back rewards It can make sense to pay a card’s annual fee when the cash you’ll earn back will outweigh the cost of that fee.” … Even with the annual fee, you’ll net more overall on the Blue Cash Preferred® Card from American Express if you spend at least $61 a week on groceries.
How can I avoid paying my credit card annual fee?
The good news is that it’s possible to have a credit card with great benefits and avoid paying an annual fee.Ask for the fee to be waived. … Use your rewards to make up for the fee. … Switch to a different card. … Get a card with no annual fee. … Get a card that waives the fee. … Cancel the card.
What is a membership fee on a credit card?
An annual fee on a credit card is a fee you pay each year simply for having the card, whether you use the card or not.