Credit card with no extra fee for each transaction
#5
Join Date: May 2004
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It is true that Capital One does not impose the extra 2% that seems to be common these days. But there is a disadvantage to Cap One that affects many people. If you are accumulating and using airline miles from your CC purchases, be aware that Cap One requires FAR more points per air ticket than the Credit Cards that are tied to individual airlines. For example, suppose you wanted to fly economy RT USA-Europe on a flight that would cost $1000. Using affiliated CC miles through an airline would typically require 50,000 miles. But on CapOne it would require 100,000. On the other hand, CapOne has no blackouts or capacity controls. So, it just depends on how you value miles and what your travel needs/desires are.
#6
Join Date: Oct 2006
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I assume this is an American Capital One card. I live in France and get money from my UK account via credit cards and dropped them because as well as the standard fee, they stuck on an additional charge (equivalent to about $12) on each transaction.