Are you really “making it rain money,” Jimmy?

Posted by on Feb 28, 2012 in Capital One, Chase Bank, Credit Cards, Uncategorized | 2 comments

 

 

I once called Alec Baldwin an Arse and a Liar?

Is Jimmy Fallon in the same category or is he “making it rain cash”? His words of non-sense, not mine.

In the latest Capital One video, Jimmy Fallon is pushing the Capital One cash back rewards card. With 50% more cash back! Can the supposed “50% more cash back!” be true, or is this just another attempt of a 30 Rock-er trying to get one by us.

And is it just me, or does anyone else want Tina Fey to push a card? I would apply.

Capital One Cash Back

The cash back card from Capital One does have some nice features, such as:

  • 1% cash back on all purchases
  • 50% bonus on the cash back you earn every year
  • One-time bonus of $100 once you spend $500 in the first 3 months
  • Purchase APR 0% intro APR until February 2013; 12.9%–20.9% variable APR after that

These are some pretty nice features. 1% cash back on all purchases isn’t bad and a 50% cash back on cash back earnings each year is pretty attractive. The one time bonus of $100 is a nice touch, and I do like the 0% APR for a year.

 

Chase Freedom

Let us now compare these benefits to the Freedom.

 

There are some great perks here as well. I really like the ability to earn 5% cash back on certain categories. Ahem.. Fallon.

 

Lorne Michaels isn’t here to help you now

One of the main reasons I would go with the Chase Freedom over the Capital One card is if you have the Chase Sapphire or Chase Ink Bold, you can transfer your Freedom cash back points into real Airline or Hotel points. That’s a perrrrk. IMHO, Chase Ultimate Rewards points are the most valuable, because you can transfer them into United, Continental, Southwest, British Airways, Korean, Hyatt, Marriott, Priority Club, and Amtrak. So Valuable.

Also, Capital One is going to pull all THREE of your credit bureaus to approve you. That’s redic. I cherish the hard inquiries on my credit report and prefer to spread them out.

 

Noob Verdict

The Capital One cash back card does offer some good perks, but if you are serious about maximizing your spending and earning miles, the Chase Freedom wins. The Chase Freedom is a great card to start your miles earning lifestyle, especially if you have no credit and are trying to build credit history. And because it has no annual fee, you can keep it forever. However, if you do have some credit history and don’t have the Chase Sapphire Preferred®, I would suggest it over the Freedom. It comes with a 50,000 sign-up bonus, as opposed to the potential 10k points you would get as a bonus with the Freedom. You can read about its other perks in my review here.

So, my verdict is- Fallon is in the same bed as Baldwin. Except not as funny. Although the wife disagrees.

(I do receive a referral, but only click through my link if you are happy with the service I provide)

p.s. Fallon in Taxi – enough said

p.p.s Give me Conan

p.p.p.s If you like your friends and family, then share this with them

— admin

  • John

    Tina Fey had an AMEX commercial a while back. It featured airport club access. I’d much rather see her than Jimmy Fallon arguing with a baby.

    • Noob Master

      Seriously, the baby and Fallon are too much.

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