This Capital One® Cash Rewards card is best suited for people with excellent credit who want to get more cash back for their spending. No complex rewards program here; this card gives you 1% cash back on all your purchases. Each year, you receive a 50% bonus on all the cash you earned during the previous 12 months. This translates to a rewards rate of 1.5% - among the best rates in the rewards credit cards category!
In addition to the very competitive cash back, the Capital On Cash Rewards credit card provides 12 months with 0% APR on interest or Balance Transfers, which makes this somewhat of a hybrid card for people who are interested in transferring over current balances or making a large purchase. When you combine that with the travel insurance, concierge services, and the rest of the amenities provided by Capital One, this card is absolutely a leader in the rewards category.