I just received an offer from CapitalOne MilesOne Rewards, and would like to know if this is indeed an excellent offer for a mile chaser. I have enough credit cards right now so I don't want to jump into another one unless it's worth it. I'd appreciates comments from other CapitalOne cc holders too. Thanks.
0% intro APR on transferred balance until Feb. 2005; 8.9% fixed apr thereafter.
Receive up to 5,000 bonus miles on trnasferred balance.
There is no transfer fee and no annul fee.