Learn how to apply for the Capital One Guaranteed card
Being aware that financial difficulties can occur at times, Capital One expects you to be familiar with the application process for this one.
Introducing the Capital One Guaranteed Card – A Solution for Canadians with Damaged Credit
If you have a past-due Capital One account and are looking for a way to repair your damaged credit, the Capital One Guaranteed Card might be the perfect solution for you. This card is designed to help Canadians in financial difficulties regain control of their finances and rebuild their credit score. Unlike other credit card issuers who might automatically deny an application due to account delinquency, Capital One understands the importance of a second chance.
As a division of Capital One Financial Corporation, a FORTUNE 500 company, Capital One offers a wide range of financial products. In Canada, their focus is on credit cards, with over a dozen distinct cards to choose from. It’s worth noting that Capital One does not offer bank accounts or investment products in Canada; these references apply only to their operations in the United States.
If you’re interested in applying for the Capital One Guaranteed Card, read on to learn more about its features and benefits.
Who is Eligible for the Capital One Guaranteed Card?
The Capital One Guaranteed Card accepts applicants who meet the following criteria:
- Must be of legal drinking age in the province or territory
- Must not have applied for a Capital One account or product within the past 30 days
- Must not have had a Capital One account in the previous year that was not in good standing
- Must not already have a Capital One account
- Must be able to provide the required funding for the card
If you don’t meet any of the above conditions, you have a nearly 100% chance of being approved for the card.
How to Apply for the Capital One Guaranteed Card
The application process for the Capital One Guaranteed Card is straightforward and can be completed online. Simply visit the Capital One website and click on the “Apply Now!” button. You’ll be asked to provide some personal information, so make sure everything is accurate and up to date. Once your application is submitted, approval is typically quick, making it a convenient option for those seeking to rebuild their credit.
Is the Capital One Guaranteed Card Worth It?
The Capital One Guaranteed Card is specifically designed for individuals with poor credit history or no credit history at all. It offers a chance to qualify for a credit card with a reasonable credit limit and the opportunity to improve your credit score through regular reporting to credit bureaus. If you’re in need of a card for these purposes, the Capital One Guaranteed Card is definitely worth considering.
Comparison: Capital One Guaranteed vs Priceline VIP Rewards™ Visa® Card
If you have a higher credit score and reside in the United States, the Priceline VIP Rewards™ Visa® Card may be a better fit for your needs. This card offers an abundance of points, attractive benefits, and features for frequent Priceline shoppers. However, if your primary goal is to rebuild your credit, the Capital One Guaranteed Card remains the top choice.
Benefits of the Capital One Guaranteed Card
- Easy qualification process
- Great for establishing credit
- Accepted worldwide
- 0 liability insurance for unauthorized transactions
Benefits of the Priceline VIP Rewards™ Visa® Card
- Generous rewards program with plenty of points
- 0% introductory APR for balance transfers in the first 15 months
- No annual fee
- $100 credit for TSA PreCheck or Global Entry after meeting spending requirements
How to Apply for the Priceline VIP Rewards™ Visa® Card
If you’re interested in the Priceline VIP Rewards™ Visa® Card and meet the eligibility criteria, you can apply for the card through their website. Take advantage of its travel benefits and rewards program today!
