Capital One Cash back rate reset?
It seems like the cash back rate for my Capital One I has been set back to earn 0.5% currently, but the thing is I've had this card for a while and definitely spent more than $3000 so far.
I've chatted with an agent about that and she said that the earn rate gets reset every year. This seems a little fishy to me but coming from an agent I've decided to go with it
Can any one else confirm that earning rate resets every year or was I given a false info?