Are you having trouble getting approved for a credit card? Need a card that is light on features but steady on interest rate with a lower than average percentage and a card that guarantees your application will be accpeted as long as you meet some very basic criteria? If you are unfamiliar with it, then let me be the first to tell about the Capital One Low Rate Guaranteed Mastercard.

This wouldn’t be a very good low interest rate credit card review if I didn’t start with the utmost obvious fact and the reason why your eyes have brought you here and interest is piqued (Pun intended) The interest rate!

At 14.9% this card is a brilliant choice for those who are trying to keep their monthly bills in check while carrying a regular balance, all the while, rebuilding a historically bad credit score or perhaps building credit for the very first time.

The beauty of this card, is that the 14.9% rate not only applies to new purchases, but balance transfer’s alike, which could be a godsend for those who have been rejected by more coveted credit card companies requiring at least an average if not fair credit score to ensure approval.

Credit card approval is virtually guaranteed (conditions apply), so if you’re looking to get back in the game, then this is the card for you.

Let’s break it down
  • Annual Fee: $79
  • Interest rate: 14.9% on purchases and balance transfers
  • Purchase Assurance, Price Protection and Basic Travel Insurance with Gold Card option