Capital One is now offering Capital One platinum for subscribers with CapitalOne Savings accounts.
The program launched Wednesday with Capitalone locations across the country, with some locations being limited to one credit card per account.
For those with Capital Rewards, Capital One customers will be able to use up to $10,000 of the account balance toward travel and shopping costs.
For people who do not have Capital Rewards cards, CapitalOne Platinum customers will get $1,000 worth of travel and merchandise reimbursement.
The card also has a $1 annual fee for those with a $5,000 credit limit.
Capital One said it will start rolling out the new program in its Capital One Rewards programs this week.
The program, which is available for a limited time, allows customers to use the card for all eligible purchases, including purchases with CapitalDirect or Capital One Bank, CapitalDirect Plus, Capital Direct Plus Auto Club, Capital Bank Auto Club or Capital Direct Platinum.
For the past three years, Capitalone has offered a $50 annual credit card bonus for anyone with a CapitalOne savings account and CapitalOne Rewards credit cards.
The $1 monthly fee for the CapitalOne card will be waived for customers with credit card accounts up to a $10 million limit.
For more on Capital One, check out our Capital One Coverage section.