The cashback card that fixes your credit history: borrowers with bad credit offered cashback for the first time
/li> 0 comments Borrowers with a bad credit history can now get cashback on a credit card for the first time. The Capital One Classic Extra card gives 0.5 pc cashback on all spending, with no maximum limit. It also rewards card holders with a £5 bonus when they open their account. Cashback is credited every January. But unlike most cashback cards, borrowers do not need a perfect credit history to stand a chance of being accepted. So-called credit-repair cards such as this are specifically aimed at people who may have struggled with debt in the past. Cashback: The Capital One card that offers cashback and builds your credit history The idea is to use the card to build up a history of using credit responsibly, making it more likely you will be accepted for a mainstream credit card, loan or mortgage in future. More... Credit card firms pay out £50,000 in compensation for ONE woman's claim on mis-sold PPI NEW DEAL ALERT: Capital One wades in with new 5% Aspire