Quote:
Originally Posted by djabloel
Capital One has a rewards money market account that gives 2.5% and also gives miles (1 mile per $20). Sounds interesting. Anyone see any catch with this?
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You are earning a lower rate on your balance than you could otherwise and what you get in exchange is miles rewards, which are becoming ever increasingly difficult to amass to a redemption level and to redeem.
My advice: See the listing on p.1 on this thread for many wiser and better alternatives.