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Capital One No Hassle Miles Credit Card Review

February 27th, 2009

For a travel rewards credit card, Capital One’s “No Hassle Miles” credit card is a good option.

First of all, they give you 0% interest for 12 months. So if you can’t pay off the full balance in the first year of having the car, it’s no big deal. For their rewards program you get 1.25 points for each dollar you spend. Every 100 points converts into $1 you can use on travel. There are no blackout dates or seat restrictions.

Along with their travel rewards you get free car rental insurance, travel insurance, and roadside assistance. You can also use points not just on flights but hotel rooms, car rentals, or cruises. You also have the option of redeeming your points for merchandise. The card is essentially like getting 1.25% back on all your purchases. You need to have good credit to qualify for the No Hassle Miles card. As always, review the fine print before you apply. If you’ve been rejected for credit cards in the past you might want to try a prepaid credit card.

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