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Capital One U.K. has announced the launching of a new credit card offering consumers 4% cashback on all purchases for the first three months and 1% cashback on all purchases thereafter. The Capital One Platinum Cashback Card has a competitive 15.9% APR typical variable. Justin Basini, head of brand marketing, Capital One U.K. has reported that there are no complicated tiered spending requirements and there are no limits on the amount of cashback customers can earn, so someone spending £3,000 on the card within the first three months could earn £120. The features of the new Platinum cashback card are: Earn 4% cashback on all purchases for the first three months; Earn 1% cashback on all purchases after the first three months; and A competitive 15.9% APR typical variable.
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