The Capital One® No Hassle Cash(SM) Rewards for Students is for students with a limited credit history who are looking to take advantage of the cash reward program.
Through the reward program, cardholders earn a full 1% cash back on all purchases, and a 25% bonus on all cash earned in the previous year. There is no limit to the amount of cash back that can be earned, no expiration date, and no minimum required to redeem for cash. Cash rewards can also be redeemed for gift cards.
This card has a $29 annual fee, a
0% introductory rate that can be applied to purchases until December 2008 and a high interest rate for purchases and balance transfers once the introductory rate expires.
In addition, this card provides platinum benefits and services including extended warranties for purchases, travel accident insurance, and roadside assistance. Cardholders are also eligible to receive exclusive savings: up to 40% on featured deals and 10% on everything else at Capital One® Saving Zone(SM) on Yahoo! Shopping.
Therefore, those students who want a cash back reward card and will take advantage of the additional services may benefit most from what the Capital One® No Hassle Cash(SM) Rewards for Students card has to offer.