Capital One Classic Credit Card

If you are looking for a card to rebuild a poor credit rating, or even just to establish your credit, the Capital One classic card can help you- even if you have been refused a credit card in the past. The card offers no annual fees, and interest free payments each month if you pay your card balance in full and on time. If you are not able to pay your balance in full each month, your monthly payment is just 5% of your card balance. If you are short on cash, you can use this credit card for a cash advance, with a withdrawal fee of 1.5% and then a Cash Advance APR of 31.1%.

The Basics:

• No Annual Fee
• Standard APR 29.9% (variable)
• Pay card balance in full and on time each month and there is NO INTEREST
• Internet Fraud Protection
• Choose your card design and color
• Low monthly payments of just 5% of card balance
• Credit limits between £200 and £2500
• Instant cash from any machine that displays the MasterCard logo

While the Capital One Classic card doesn't offer many special features or promotional offers for balance transfers and introductory rates, or the lowest of interest rates on your purchases, it is one of the best options among cards for those people who are looking to rebuild their credit rating. If you do not have a high credit score it can be difficult to obtain a credit card, which in turn makes it difficult to re-establish your credit rating. This card gives you the ability to prove you are responsible with your finances, and because the card does not charge an annual fee, it is one of the best �credit rebuilding� options available.