The Capital One Gold Card offers the opportunity to improve individual credit ratings, while enjoying gold card and MasterCard benefits. This guaranteed card allows the user to make convenient purchases at competitive interest rates.
Capital One Gold Credit Card: Types
The Capital One Gold Card product range consists of three variants:
Guaranteed MasterCard: With an annual percentage rate (APR) of 19.8%, this card offers all gold card benefits. An individual has to pay $59 as annual fees to enjoy the benefits of this credit card.
Low Rate Guaranteed MasterCard: This card offers all the features of a guaranteed MasterCard at 14.9% APR and an annual fee of $79.
Cashback Guaranteed MasterCard: This card offers 2% cashback on the purchase of gas and groceries with the Capital One Gold Card. It comes with 19.8% APR and an annual fee of $79.
Capital One Gold Credit Card: Common Features
The Capital One Gold product line offers valuable benefits, such as:
- Fraud protection against unauthorized use of the Capital One Gold credit card.
- Dedicated 24x7 customer care services accessible through the Internet or on the phone.
- Extended warranty on all purchases through the credit card, over and above the manufacturer's warranty period.
- Travel assistance services and delayed baggage benefits from MasterCard.
- Rental car insurance against collision or damage while traveling.
- Purchases can be made at more than 24 million locations worldwide.
- Ability to withdraw cash from MasterCard ATMs worldwide.
- MasterCard PayPass facility, which allows the cardholder to make convenient payments for everyday purchases.
How to Apply for the Capital One Gold Card
The easiest way to apply for a Capital One Gold Card is to fill in the application form online. The bank maintains encryption technology to secure personal and financial data of every applicant. Although all the gold cards are guaranteed, applicants with poor credit ratings have to maintain security funds to secure bills payments.
The bank places certain eligibility conditions for an application to be approved for the Capital One Gold credit card. People who are not eligible to apply for this card include:
- Residents of Quebec, the Northwest Territories, Nunavut and Yukon.
- Credit defaulters in the last two years.
- Defaulters on credit card payments in the last three months.
One can also visit the local Capital One branch to apply for the guaranteed gold credit card.