CAPITAL ONE'S NEW CREDIT CARD OFFERS CUSTOMERS EVEN BETTER REWARDS

Capital One is offering consumers an outstanding rewards package through its new Cashback with World™ MasterCard® credit card. This makes Capital One the first UK issuer to offer the new World MasterCard, which includes a range of exciting travel benefits.
 

The Capital One Cashback with World MasterCard credit card offers consumers 4% cashback on all purchases for the first three months and 1% cashback on all purchases thereafter. The card has a competitive 15.9% APR typical variable.
 

In addition to the excellent cashback rate offered by Capital One, cardholders can take advantage of a range of World MasterCard travel benefits including free travel insurance and travel assistance, which provides customers with advice to help to resolve travel, legal or medical emergencies while they are abroad. If a customer loses their travel documents while on holiday the travel assistance service will help source replacement documents. It will also provide an advancement of funds should a customer lose their card abroad to ensure they can still afford the essentials. Cardholders can also use the travel assistance service for pre-trip advice on inoculations, visas and exchange rates.
 

The Capital One Cashback with World MasterCard credit card also includes Capital One's Identity Theft Service, which helps customers protect themselves against ID theft, and to help resolve any issues that are caused if they do get caught out. It is the only service of its kind to provide a named advisor for free to provide help at every stage of the recovery and resolution process.
 

Sanjiv Yajnik, Principal Managing Director of Capital One said: "The combination of our exceptional cashback rate, free identity theft service and World MasterCard's travel benefits makes this new credit card one of the best rewards packages in the market and underlines Capital One's commitment to delivering market leading, excellent value products for customers."
 

He continued: "The simplicity of no tiered spending requirements and no limits on the amount of cashback customers can earn, makes the card ideal for people who use their credit card for everyday spending."
 

In summary, the features of the new Capital One Cashback with World MasterCard are:
 

• 4% cashback on all purchases for the first three months and 1% cashback on all purchases thereafter, with no tiered spending requirements
• Free travel insurance
• Free travel assistance; with one phone call cardholders will receive help to resolve travel, legal or medical emergencies while they are abroad
• A competitive 15.9% APR typical variable
• Free Identity Theft Service with named advisor

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Contact:

Sally Camm / Becky Paterson Capital One 0115 843 3676 / 6484

Elizabeth Bickham / Rowena Denham Fishburn Hedges 020 7893 4321

Notes to Editors:
 

Product terms and conditions:

Subject to status. Applicants must be aged 21 or over, resident in the UK and receiving an annual income of more than £10,000 per annum. 15.9% APR typical variable. 4% cashback on purchases for 3 months from account opening, then 1% on all purchases.
 

About Capital One:

Capital One Financial Corporation trades on the New York Stock Exchange. In 1996 Capital One launched its first overseas operation in the UK offering credit cards, savings and loan products to UK customers. The UK Operations Centre for Capital One Bank (Europe) plc is located in Nottingham, where more than 2,000 Associates are based. Capital One is a top-ten credit card issuer in both the USA and the UK, with more than four million UK customers. Capital One's subsidiaries collectively have approximately 50 million managed accounts and $144 billion in managed loans. The Bank has won numerous industry awards for its products and services as well as accolades for its consistent work within the communities in which it operates.
 

Capital One has consistently provided market-leading consumer-lending products to its customers. In the UK Capital One was among the first credit card issuers to offer a 0% introductory purchase rate, combining this with one of the lowest 'go-to' rates on the market.
 

Capital One is authorised and regulated by the Financial Services Authority.