Capital One Credit Card is a credit card issued by Citibank. It has been specifically designed for people with low credit scores. Unlike most cards, this card allows you to make payment online or at any other place which is operable. This card has a special feature of allowing you to pay your bills online without showing any balance. This card does not require much paper work.
The Capital One Credit Card makes payment easy by allowing you to make your payment in advance and thus saves your money. If you pay your bill on time, it reduces the negative impact on your credit score and thus helps you to improve it. The Capital One card is accepted by many restaurants, departmental stores and other places.
In order to make payment easier, this credit card has an option of making monthly payments. You can choose this option if you have a regular source of income. The Capital One credit card has a zero APR for the introductory period and after this period, it charges you with fifteen percent interest. In order to help you get rid of this debt, Capital One provides with a consolidation loan and this loan is useful in paying off debts.
The Capital One credit card offers a low interest rate, so you can save your money if you do not want to pay high interest rates. To apply for this card, you need to have a job and an active bank account. It is also possible for you to apply online and receive an approval faster than you may have thought. To complete the application process, you will need the basic personal details like name, address, social security number and your birth date.
You can make payment on your credit card using electronic transfer of funds. You will need to send the details to the card issuer and wait for a verification email. If the verification email is not available, contact them on the phone. You can pay your bill regularly by making payment online or through postal money orders. You can also make payment twice a year: once in the month and once in the second month.
Make sure that you do not cancel your old cards before you apply for a new one. This is because, when you apply for a credit card, you are also getting a new card with features that you do not have on your old card. You cannot use any previous cards that you have got a low credit score on. Make payment on time so that you can improve your credit scores. Apply for a Capital One Credit Card and live a happy life!