Capital One SmartLine Platinum MasterCard Review

Capital One SmartLine Platinum MasterCard Review

SmartLine Platinum MasterCard Benefits Review

The SmartLine Platinum MasterCard is the best Capital One credit cards for people who are looking for an incredibly low long term interest rate on both new card purchases and balance transfers.

When you apply for the SmartLine offer you will get one of the lowest ongoing credit card rates out there today.

It’s rare that you’ll find this low of an introductory rate on any card offer. Check out the key benefits you get when you apply for this card today including the 5.99% rate for 3 years!

5 / 5 stars     

SmartLine Platinum MasterCard Benefits Explained

The fact is the Capital One Canada SmartLine Platinum MasterCard has one of the lowest interest rates out there today and the introductory period on the low rate of only 5.99% is for 3 years!

You get that low rate on both new your new card spending as well as your balance transfers, so when you consider the fact that you’re likely paying anywhere from 10% on the low end and up to 19.9% at the high end on credit card interest rates with your current company, this offer is going to be a major money saving deal for you.

Let’s crunch some numbers and show you an example of how much you could be saving.

Let’s say you currently carry a balance on with another credit card company:

Example of Savings You Could Get:

  • You owe $2,500
  • If You’re Paying an Annual Interest Rate of 19% (a typical card rate)
  • Transfer Your Balance Now & Get 5.99%
  • Your Savings = $714!!!

  • Yes! The Capital One SmartLine Platinum MasterCard offer is a major money saver for you when you apply online today!

    Which brings us to telling you about another benefit you get with the SmartLine Platinum MasterCard, when you transfer your balance to Capital One there are no balance transfer fees!

    The zero balance transfer fee policy alone is why this Capital One SmartLine Platinum MasterCard review earns a 5-out-of-5 star rating!

    Most other credit card companies in Canada will offer a really low introductory rate for transferring a balance but they will charge of balance transfer fee of typically around 3% of the balance to get that low rate.

    However that’s not the case with the SmartLine Platinum MasterCard, there are no balance transfer fees attached to this offer!

    So the main benefit you get from this Capital One Canada card offer is an incredibly low interest rate however there’s more in it for you when you become a cardholder, let’s discuss the added perks you get when you apply now.

    Platinum Everyday Purchase Benefits

    Another really great perk you get when you apply for the SmartLine MasterCard is the everyday benefits on the purchases you make, benefits such as the price purchase protection assurance and extended warranty coverage benefits.

  • About the Price Protection Benefit: When you make a purchase on your SmartLine Platinum MasterCard to buy an item in Canada and then you see a lower advertised price on the same item, you can get a refund on the price difference of up to $100
  • About the Purchase Assurance: Most items that you buy using your Capital One SmartLine card will be insured against theft, loss or damage to your product within the first 120 days of your purchase.
  • About the Extended Warranty Coverage: You know how annoying it is when you buy an item, especially an electronic item and the sales staff tries to up-sell you on an extended warranty!
  • The great news is when you’re a Capital One SmartLine Platinum MasterCard holder you can decline those point of sale extended warranty offers with confidence because when you use your SmartLine card to make your purchase you get extended warranty coverage!

    SmartLine Platinum MasterCard Travel Benefits

    The Capital One SmartLine Platinum MasterCard also comes packed with travel benefits and here’s what you get when you become a cardholder:

  • Travel Accident Insurance: When you charge your travel to your card, you and your family will receive up to $250,000 in travel insurance coverage.
  • Car Rental Collision/Loss Damage Waiver: Book your rental car using the SmartLine Platinum MasterCard and you can decline the collision damage waiver because you’ll be covered with your Capital One card.
  • Baggage Delay Insurance: If your baggage gets delayed for more than 4 hours when your away from home you will be eligible for a reimbursement of up to $100 / day for 3 days for essential items needed while you travel.
  • Travel Assistance: Receive assistance on travel issues like medical referrals, emergency cash transfers and lost luggage – You’ve got someone covering your back when you need help on the road!
  • Can I Earn Rewards with the SmartLine Platinum MasterCard?

    Now that you’ve seen some really great benefits you can take advantage of in this credit card blog review when you become a card holding member of the Capital One SmartLine Platinum MasterCard, there are even more benefits in store for you if you take advantage of the upgrade option.

    When you apply online right now, you have the choice of not only getting one of the lowest interest on a Canadian card offer for a very long time, remember the key benefit to the SmartLine Platinum MasterCard offer from Capital One Canada is a 5.99% introductory rate on both your new credit card spending and your balance transfers but if you decide you want to earn travel miles rewards or even cash back rewards that option is open to you.

    Explanation of How the Capital One SmartLine Platinum MasterCard Rewards Program Works

    If you’d like to earn reward miles or cash back rewards that option is open to you with the SmartLine Platinum MasterCard from Capital One Canada however to earn cash back or travel rewards will mean that you no longer have no annual fee to pay.

    To take advantage of the SmartLine Platinum MasterCard rewards program you will have to pay an annual fee of $99 and now we’re going to explain what you get for paying that annual fee.

    What Benefits Do I Get When I Enroll in this Rewards Program Now?

    When you take advantage of this Capital One Canada rewards program you will earn rewards on all your credit card spending.

    You have the choice of earning rewards for either travel or getting a cheque for cash back, here are the details of the earnings you could be getting when you upgrade your SmartLine MasterCard:

  • Earn 1 Reward Mile for Every $1 Spent on Your SmartLine Card
  • Or Earn 1% Cash Back on Purchases
  • Redeem Miles for Travel Merchandise, Gift Cards & Even Cash!
  • Or Just Take The Cash – Get a Cheque in the Mail
  • Huge Plus: Upgrade to the Rewards Program Now & Get 5,000 Bonus Reward Miles
  • Earn 5,000 Bonus Miles After Making Just One Purchase!!!
  • That’s an Excellent Reason to Upgrade
  • Apply Online Now!
  • There is our Capital One SmartLine Platinum MasterCard review and you’d be very wise to apply for this offer right now especially if you’re wanting to save tons of money off the interest rates other card companies in Canada are charging.

    For me, as the reviewer of this deal, I would take advantage of the upgrade option to earn rewards because I love earning points on my credit card spending and love the 5,000 bonus miles that are sitting there, those bonus points justify the cost of upgrading but the choice is yours.

    If you have any questions about the SmartLine MasterCard offer from Capital One Canada please leave your question below on this blog post and I will get back to you and help you decide of this is the right credit card for your personal situation.

    5 / 5 stars     

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