Deal Details
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Posted on
Jan. 28, 2009
@ 2:58pm
Expires on
Unknown
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3742
Capital One Low Rate Platinum MasterCard: 4.75% Interest Rate Until 2012 & No Annual Fee
January 28 Update: The interest rate has been lowered to 4.75% from 5.8%. You can compare this card and other low interest credit cards in our new Credit Card Comparison section.
Originally Posted January 12: If you're looking for a credit card that can offer you stability in this bumpy financial landscape, you might be interested in the Capital One Low Rate Platinum MasterCard. This card offers a guaranteed interest rate of 5.8% until January 31, 2012 4.75% until March 31, 2012, at which point it will become a will become a variable rate of Prime +1.8% +1.75.
The card has other perks as well worth mentioning as well -- no annual fee, no-fee balance transfer service, and other platinum benefits including free car rental insurance (rental Collision and damage waiver), and extended warranties (double the manufacturer warranty up to 1 additional year). Note that this card is not available to residents of Quebec, the Yukon, the Northwest Territories, and Nunavut.
If you're interested, you can learn more about the card and apply here.
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Comments
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Duuuuude
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I don’t need to read about Capital One on RFD. I get enough of their spam in the mail. 
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Big Shooter
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Thanks, sounds like alot better than what I’m currently paying!!
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Scroll down for more comments
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bbrodie
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The Capital One offer says “Prime +1.75%” which is currently 4.75%. The RFD post makes it sound like this 4.75% rate is fixed until 2012, however, it will go up when the Capital One rate goes up from 3% (conversely it could go down).
Am I misinterpreting something?
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bbrodie
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Followup. Oh, I am missing something...it explicitly says “4.75% interest rate will become a variable rate of Prime +1.75 %”, so it is fixed until 2012. Pretty good rate.
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Ferman
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Sounds like someone forgot the “Sponsored:” title.
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wolfhero
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Do NOT spend if you can not afford to pay it back when statement arrives. Responsible spending people. If you do that, all these interest rates, no matter how high or low, does not concern you.
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Bunch
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Any similar deals for us people in Quebec who are locked out of these deals because we are a “distinct nation” ? 
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saberX
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btw that interest rate is only valid for ppl earning more than 40k per year.
there goes all the students and low income earners.
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saberX
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either 40 or either 30k/yr
a friend was telling me
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BBoberson
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Am i missing something here. When it goes to Capital One’s website it says the rate is 5.99%, not 4.75% as shown here???
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