0 Interest No Hassle Miles Ultra

The No Hassle Miles Rewards card from Capital One comes with a 0 interest rate offer for the first 12 months on purchases.

After the introductory period, the purchase APR increases to 13.9% variable. There is no 0 interest rate offer for balances, the APR for balances transfers is 13.9% variable as soon as the account is activated. For cash advances, it’s 24.9% variable and the default rate is 29.4% variable.

Besides being a 0 interest credit card, the No Hassle Miles Ultra Credit Card is actually travel rewards card. For every dollar you spend with your credit card, you earn 2 miles reward points. Each miles reward point can be used to redeem tickets from any airline with no restriction on flight dates or seats arrangements. Every 100 miles allows you to redeem up to $1 worth of the travel rewards. For example, if you’re redeeming an hotel stay worth $500, you will need 50,000 miles. Simply add two zeros at the back of the cost of the reward you are redeeming to know how many miles points are needed.

There is no cap on the amount of miles you can earn or accumulate. Furthermore, the miles will not expire as long as your account remains in good standing. Therefore you don’t have rush to use up your miles. There is a $39 annual fee on the card and a 3% fee for cash advances. And while there is no 0 interest offer on balance transfers, there is no a balance transfer fee and the balance transfer APR is fairly low. The No Hassle Miles Ultra can still be a good way to save money by transferring outstanding balances to. By enjoying 0 interest on purchases, you can still save significantly on costs and use them to pay off other higher outstanding balances on other cards.

The No Hassle Miles Ultra is after all, a travel rewards card. It gives you several conveniences on your travels to help you get around. The card gives you a 24-hour travel & emergency assistance on your overseas trips. In the event that you lose your card, you can contact the company for an emergency card replacement and also a cash advance to help you go on ahead with your holiday. You also don’t need to worry about trying to getting your card cancelled in case your card being misused. The No Hassle Miles Ultra $0 fraud liability makes sure that you won’t have to pay for charges which you proof that weren’t made by you.

The Capital One No Hassle Miles Ultra is a credit card specialised on travel rewards. It allows you to exchange your miles for items other than travel, but it best used to redeem rewards in travel items. Together with its 0 interest rate on purchases, you could potential earn a decent amount of miles for travel without having to pay extra on interest. Just make sure you can handle the charges one the introductory period is over.

The No Hassle Miles Ultra card from Capital One at a glance:

APRs:
Purchase and Balance - 13.9% variable.
Cash Advances - 24.9% variable.
Default – 29.4%.

Fees:
$39 Annual Fee.
Minimum finance charge - $0.50.
Cash advance fee: 3% of amount of the cash advance, $10 minimum.
Balance transfer fee - None.

Zero Percent Interest Rate Offer:
Purchases only, not applicable for Balance Transfer and Cash Advances.

Introductory Period:
12 Months.

Rewards:
2 miles per dollar spend on the card.

Card Type:
Visa

Eligibility:
New card members only.
At least 18 years of age.
Subjected to credit approval and other terms and conditions (read carefully before applying).