Help Me Build Credit has partnered with CardRatings for our coverage of credit card products. Help Me Build Credit and CardRatings may receive a commission from card issuers. The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.
Author - Sam
Updated: December 1, 2023 | Credit Card Review The Capital One BuyPower card allows you to earn limitless earnings to redeem towards a new GM vehicle. Its one of the only cars still left with the price protection benefit
- Update: The card is no longer available for new applicants.
- Credit: Excellent credit needed
- Max cards: Capital One will only let you have a maximum of 2 personal Capital One branded credit cards. (This excludes co-branded credit cards like the Capital One Walmart Rewards card.)
- You can only get approved for 1 Capital One card every 6 months
- Credit bureau: Capital One will usually pull your Experian, Transunion, and Equifax credit reports
- Combining same-day credit inquiries: If you freeze one credit bureau you can still get approved (the credit bureau you freeze cannot be Transunion)
- Credit inquiries for same-day applications will be combined. Note, Capital One will only approve you for one credit card application within every six months. (Combining credit inquiries will only make a difference when declined for your first try and you want to try a new one)
- Check application status: You can check your application status by calling 1 800 903 9177 or 1 877 277 5901
- Reconsideration: If declined you can call 1 800 625 7866 to be reconsidered (Capital One will usually only reconsider an application due to application error)
Quickest way to get my card: Your new card will be available in your Capital One app immediately after you get approved (you might need the 3 digit security code on the back of your card to access it, which means you must wait for your physical card to arrive). Capital One physical credit cards cannot be expedited, only sometimes for replacement cards for a fee
Worldwide secondary coverage for collision damage and theft on rentals. Coverage is for rentals up to 31 days. Covers vehicle with MSRP up to $50,000.
Get reimbursed for up to $800 per claim (with a $50 deductible) if your cell phone breaks or gets stolen. To activate coverage, you need to pay your monthly cell phone bill with your BuyPower credit card. Max $1,000 or 2 claims per year.
Get your original manufacturer’s warranty time doubled. (Will only cover if the original warranty is for 2 years or less). Max $10,000 per claim.
Get up to $1,500 per person for lost or damaged luggage.
If your baggage is delayed for 4+ hours, you can claim up to $100 per day to cover expenses like toiletries & clothing, for up to 3 days.
If you buy an item and then within 120 days find the identical item for cheaper at any US retailer, then you will be reimbursed the difference. Up to $500 per item and up to 4 claims per year.
Get refunded if your purchase is damaged or stolen, up to 90 days from the date of purchase. Max $1,000 per claim, $25,000 per year.
Get coverage if you, G-d forbid, die in an accident while traveling or lose a limb, sight, speech, or hearing (on common carriers). Receive up to $250,000 in compensation.
Coverage for canceled or interrupted travel (airfare only) due to an unforeseen medical emergency etc. Max $1,500 per trip.
