Capital One is changing the earning rates on their Capital One Sony Card, some of you might have this card as it often has an increased sign up bonus of $200. The new earning rates will come into effect on July 27th, 2015. Here are the current rates:
- 5 points per $1 at Sony Store and store.sony.com
- 3 points per $1 on dining out and movie purchases
- 1 point per $1 spent on all other purchases
After July 27th, the card will earn at the following rates:
- 5 points per $1 at Sony Store and store.sony.com
- 3 points per $1 on movies, music downloads and digital streaming and subscription services
- 1 point per $1 spent on all other purchases
Basically dining out is simply being replaced by music downloads and digital streaming and subscription services. There are a lot of cards that earn 3% cash back on restaurants/dining out so this isn’t a huge loss and hey who knows maybe 3x on the new categories might be useful for some.
Hat tip to SunriseEarth from myFICO forums
