- Sign-Up Bonus
- 0
- Spending Multipliers
- 4
- Credits & Features
- 1
- Fees
- 5
- Application
- 5
- Issuer
- 4.5
Summary
- Sign-Up Bonus
- 0
- Spending Multipliers
- 4
- Credits & Features
- 1
- Fees
- 5
- Application
- 5
- Issuer
- 4.5
The Capital One Key Rewards Credit Card is a no-annual-fee store card designed for shoppers with good credit who frequently purchase home décor, furniture, and kitchen items from Key Rewards brands. Cardholders earn 1% cash back on all purchases, with an extra 10% cash back on Key Rewards brands during the first 30 days, making it a strong option for customers planning larger home purchases. Additional perks include a $25 birthday reward and free standard shipping at Williams Sonoma, providing added value for loyal shoppers. While it lacks a welcome bonus and offers only a flat 1% cash back on general spending, this card is ideal for dedicated Key Rewards brand enthusiasts who want consistent rewards, exclusive early savings, and practical shipping benefits without paying an annual fee or foreign transaction fees.
Pros
Cons
Issuer
Capital One, established in 1994 as a spin-off from Signet Financial Corp, has grown into one of the largest banks in the US with international presence in the UK and Canada. Leveraging data-driven strategies, it offers a diverse range of financial products, including credit cards, checking, savings, and business services. While serving over 100 million customers, Capital One is recognized as a subprime lender, occasionally denying credit to those with higher credit scores. With $662 billion in total assets and $69 billion in annual revenue in 2025, it maintains financial stability. The company emphasizes technology, employing real-time data, AI, and machine learning, and is committed to environmental sustainability, aiming to reduce GHG emissions and support renewable energy. Despite a decreasing physical branch presence, Capital One continues its mission to revolutionize banking by bringing ingenuity, simplicity, and humanity to the industry, reflecting a dedication to financial inclusion and adherence to regulatory standards as an FDIC-insured institution.
Spending Multipliers
5%
Cash Back on The Key Rewards brands
4%
Cash Back on groceries
4%
Cash Back on restaurants
1%
Cash Back on all other purchases
Credits & Features
Application
- Capital One has a strict 1/6 rule, meaning you can only apply for 1 Capital One card every 6 months
- Consider having at least a credit history for 2 year
- Capital One usually pulls from all 3 major credit bureaus
- See if you are pre-approved before applying
- Capital One states that for good credit, you may never have declared bankruptcy or defaulted in the past 5 years, not been more than 30 days late on a payment
Fees
- No Annual Fee
- No Foreign Transaction Fee
- Up to $40 late fee
- 29.24% Variable APR
- 29.24% APR for Cash Advance
- $5 or 5% of each cash advance amount (whichever is greater)
- 29.24% APR for Balance Transfer
- 3% of each transfer amount