For people with

Not sure what we mean by excellent and good credit?


  • You've had open credit such as a credit card, loan or line of credit for more than three years
  • Your credit has been excellent for the last seven years (this means no bankruptcies and no defaults on credit as a result of failing to pay debts back to creditors)
  • You've made at least your required minimum payments on your existing credit on time in the past three months
  • Your household income is more than $30,000 a year

Cash Back Platinum MasterCard®

with No Hassle RewardsTM

Start earning cash back right away on everything you buy. There's no limit to the amount you can earn and no surprises when it's time to redeem.

Apply NowNot available to residents of QC, NT, NU, or YT
Cash Back Platinum MasterCard from Capital One Canada

 

Get rewarded with cash back on everything you buy.

You earn cash back rewards on every purchase made using your Cash Back Platinum MasterCard. And, with No Hassle Rewards, redeeming is easy – your cash back rewards never expire and there's no limit to how much you can earn. Better yet, you choose how you'd like your cash – either by cheque or a statement credit. All this for no annual fee!

Add an authorized user or request supplementary cards for no fee and you can watch your cash back rewards add up even quicker.

 

No Hassle Rewards

 

The more you spend, the more you'll save.
 

  • 0.5% cash back annually on total purchases up to $3,000
     
  • 1% cash back annually on total purchases above $3,000

 

Redeem for cash whenever you want it.

With the Cash Back Platinum MasterCard you can redeem for cash rewards as often as you'd like – and there's no annual fee.

Other banks only let you redeem once a year and your rewards may be capped. Our Cash Back card lets you redeem anytime and as often as you like with no limit to the amount you can earn – all you need is a cash rewards balance of $15 and you can start getting cash back.

 

Cash Rewards Cards When can I get my cash? Cash Back
Capital One Cash Back

Anytime your rewards balance is $15 or more

 $105
TD Rebate Rewards Visa1 Only once a year, in January $105
CIBC Dividend Only once a year, in January $101
Comparison based on $12,000 annual spend on your card.


With MasterCard PayPassTM


Have a Miles rewards question?
See our FAQs for the answer.


Apply Now


Not available to residents of QC, NT, NU, or YT

 

  

Card Features

Rewards:

Up to 1% cash back on your purchases

Annual Interest Rate: 

Prime Rate: 2.25%

As of October 2009

Prime Rate is a variable annual interest rate.  At Capital One, we base our variable rates on the Canadian Prime Rate, as published in the Report on Business section of The Globe and Mail on the 25th day of each month. If the 25th falls on a weekend or holiday, the previous business day's information is used to determine the rate information.

+17.55%  

Annual Fee: $0

Add an authorized user for no additional fee!

1 Only earn cash on purchases up to $25,000.


In addition, we have a number of checkpoints to ensure your identity stays safe during the application process. If we're unable to confirm your identity during the application process, you'll need to go into a Canada Post outlet and provide further identification.

MasterCard is a registered trademark and PayPass and Tap & Go are trademarks of MasterCard International Incorporated.