Capital One Premium Credit Card
Capital One · Cashback · Statement Credit
This comprehensive guide covers the Capital One Premium Credit Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The Capital One Premium Credit Card from Capital One offers cashback rewards credited directly to your statement at 2%. Annual fee is £32 (£0 intro annual fee for the first year, then £32).
Best for: General Online, Electronics Accessories, Grocery, Dining
Reward Examples
Spend £1,000 on General online → earn £15 (2%) · 1.5% cash back on all purchases
Official product page → Official rules →
Waiver: £0 intro annual fee for the first year, then £32
Reward Rules
- 2% 1.5% cash back on all purchases
Important Notes
- No foreign transaction fees
- No rewards tiers or category bonuses
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
Capital One Premium Credit Card vs Similar Cards
- American Express Platinum Cashback Everyday — 5% top rate · £0
- American Express Platinum Cashback — 5% top rate · £25
- Aqua Advance — 1% top rate · £0
Maximize Your Rewards
To earn the highest rewards, use the Capital One Premium Credit Card for its bonus categories: General Online, Electronics Accessories, Grocery, Dining, Travel.