Any one have a Capital One card?

Question

Hi. I just got my Capital One card today in the mail. Its my first credit card ever..and i was wondering if i made a mistake because now im having second thoughts about it. i feel like they are going to take all of my money or something. I already activated it & the lady talking over the phone said something about charges every month for this one service i didn't understand her.it was $1 a month for every $100 spent. And another offer for $5.99 a month. But she said i could call and cancel them within 30 days. I dont want to use it yet and im freaking out about it, i just dont want to be in debt from them charging me so much. What do you think i should do? Should i just cancel it since im not even sure about it or should i keep it? I mean i know im not gonna spend all this money that i dont even have. Does anyone have this card and what do you think i should do?

Heres a link to the card

http://www.capitalone.com/creditcards/products/details/?sol=10589&tc=2&credit=2&linkid=WWW_0608_C

Answer 1

Yes, the person on the phone sold you "stuff" you probably don't need and, in lieu of what you've said, don't want.

Call and cancel.

Answer 2

cancel all that extra stuff

use it  only when you understand all the terms and conditions

negtiate no yearly fees

and pay it off every month

take good care of your credit