New Capital One Cards and Increased Bonuses
Capital One seems to have several credit card moves in the works. We don’t have many details yet, but Doctor of Credit is citing a reliable source at Capital One.
That source has said that within two months, we should see new credit card products offered by Capital One. The news comes less than a month after Capital One discontinued the Savor card.
In addition to the new cards, Capital One is also planning to launch increased welcome bonuses on existing credit cards. We don’t know what these bonuses will look like.
As you can see there’s not much here in terms of details. But if you are eyeing any Capital One credit cards, then it can be worth waiting.
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Reports suggest that Capital One has a 4/24 rule. If true, this would explain the challenge with approvals.
For those already in Capital One’s ecosystem, the new cards might present good opportunities.