Capital One and their fine print, 48 month rule add

Hey there, credit card aficionados! We’ve got some news that’s causing a stir in the world of plastic and rewards – Capital One has just jumped on the revision train. Yep, you heard it right! They’ve tweaked the language on their credit card applications for personal cards, and it’s got everyone talking.

So, what’s the fuss all about? Well, it’s all in the fine print. What used to read “Existing or previous cardmembers may not be eligible” has now morphed into “Existing or previous cardmembers are not eligible for this product if they have received a new cardmember bonus for this product in the past 48 months.”

At first glance, you might think, “Okay, what’s the big deal?” It sounds like they’re just clarifying things, right? But here’s the kicker – it might feel like a new rule to some.

Now, before you get all worked up, let’s put this into perspective. When it comes to credit card churning (that’s the art of canceling or downgrading a card after a year to reapply and snag that sweet bonus again), Capital One’s move might seem a bit harsh.

But hey, let’s look at the bright side – it’s not as strict as Amex’s infamous “Once in a lifetime” rule. So, you still have a fighting chance to score those rewards, even if you’ve been down the Capital One credit card road before.

Bottom line? Credit card rules and policies are always evolving, and it’s essential to stay in the know. So, whether you’re a seasoned pro or just dipping your toes into the world of rewards, keep your eyes peeled for those sneaky changes. They might just affect your next credit card adventure!

Here’s to staying savvy and keeping those rewards rolling in, my fellow cardholders! 💳🌟😄