Capital One - No Hassle Cash Platinum Visa Review

As of July 2009 - There's no annual fee if you have excellent credit, which I thought I did with a credit score in the upper 700s with all 3 bureaus, however I was declined.  My boyfriend was also declined.  I've had Capital One's card before, but I canceled because of the $29 annual fee.  It was a little hard to let go because they had raised my credit limit to $4500, but why pay to have a card when you should be getting paid?  Maybe if you're trying to improve your credit score...

When I visited the Capital One site a few months ago, they had the no annual fee offer available for "good" and maybe even "average" credit, but now it's only available under "excellent" credit.  From what I can see on their site now, anyone with less than stellar credit history should go for the Capital One MTV card instead (no annual fee, point system can basically earn you 2.5% cash back on entertainment).