Capital One Credit Card--anyt thoughts?
May 29th, 2004, 05:39 PM
#21
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grandmere: The only refutation I would offer is to rephrase what I said in my last note which is posted just above yours. When I use my Capital One miles to buy a Northwest Airlines ticket, I give the Capital One agent my NWA WorldPerks (frequent flyer) number. I earn WorldPerks miles the same as if I had bought the ticket directly from NWA. In her note upstream, Jocelyn_P says she does the same with AA and Southwest. I imagine you can do it with USAirways.
May 29th, 2004, 09:05 PM
#24
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Dick, I wasn't suggesting anyone change cards because of the fee. I was suggesting that if you had the SAME card and you were paying a fee while others were not, you should call and see if you could get the fee removed.
Most credit card companies are open to negotiation if you call and discuss it politely.
Evidently I didn't make myself clear.
Most credit card companies are open to negotiation if you call and discuss it politely.
Evidently I didn't make myself clear.
May 30th, 2004, 04:16 AM
#25
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Ira,
With my Miles One program, $1 = one point. So, when I charge $65,000 to my card (which can add up quickly considering all the things you can pay with cc nowadays), I have a free ticket to Europe worth up to $1000.
With my Miles One program, $1 = one point. So, when I charge $65,000 to my card (which can add up quickly considering all the things you can pay with cc nowadays), I have a free ticket to Europe worth up to $1000.
May 30th, 2004, 06:48 AM
#27
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"you should call and see if you could get the fee removed."
Frequent Flyer credit cards are called reward cards and I have yet to see one without any annual fee. Credit card companies recognize that customers who opt for these cards are travellers and pay-off their balances in full every month - hence, revenue is harder to come by from the all-important finance charges. Therefore, they have to charge an annual fee, in exchange for the miles and other travel service s that comes with these cards.
Frequent Flyer credit cards are called reward cards and I have yet to see one without any annual fee. Credit card companies recognize that customers who opt for these cards are travellers and pay-off their balances in full every month - hence, revenue is harder to come by from the all-important finance charges. Therefore, they have to charge an annual fee, in exchange for the miles and other travel service s that comes with these cards.
Jun 1st, 2004, 08:09 PM
#28
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ezlivin, I don't know if the Capital One is considered a "rewards" card, but we get one airline mile per dollar spent and can get tickets anyplace on any US owned airline. We do not pay an annual fee. I even checked with my husband to make sure.
If airline tickets aren't a reward, I don't know what would be. Most credit card companies know that most people are not going to pay off their cards monthly. The rest of us, they hope, but they carry. The people you buy from pay a fee too so the credit card companies are not losing money.
If airline tickets aren't a reward, I don't know what would be. Most credit card companies know that most people are not going to pay off their cards monthly. The rest of us, they hope, but they carry. The people you buy from pay a fee too so the credit card companies are not losing money.
Jan 27th, 2005, 04:39 PM
#29
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Me again; I've done nothing since my last post about this. However, within the last couple days I read here that Capital One does not tack on the extra 2-3% for purchases made in foreign currency. Additionally, just yesterday received another offer from Capital One for a Go Miles Ultra card with no annual fee. And my point is?--- this is still the good deal everyone posted about last year?
I'm probably about to get yelled at for asking for all that info before and not acting upon it
I'm probably about to get yelled at for asking for all that info before and not acting upon it
Jan 27th, 2005, 07:03 PM
#30
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It looks like it to me. That isn't actually the one I have, but virtually the same except mine is a Mastercard and that one is a VISA. It looks like they are pushing VISAs now instead of MC if they are giving them away without the fee. I'm pretty sure I still pay a $19 annual fee with the Capitol One Mastercard with the same terms. It's hard to keep track of these card issuers, the major companies MC and VISA change incentives which makes the banks push one over the other. I know one bank took away my VISA and replaced it with a MC without asking me, and admitted it was because they got better deals with MC. I like to have one of each and really wanted a MC with Capitol One as I have another VISA I like, so don't think I'll switch to that one anyway.
Yes, it's a good deal and they do not charge any extra conversion fee over the VISA/MC one pct.
Yes, it's a good deal and they do not charge any extra conversion fee over the VISA/MC one pct.
Jan 27th, 2005, 11:26 PM
#31
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Just to clarify something....
For years in the US, many banks offered both MC and Visa. As a matter of fact, in some cases, you got both a MC and a Visa for the same account...
There were all sorts of price fixing suits and collusions suits brought against the 2 card companies because of this and so each began to try to establish they were 2 separate entities.
B;anks, therefore, began to choose one or the other but not both. Citibank decided it had a better deal with MC so they converted their Citibank Visa cards to MC,, Chase the same. Bank of America which was the originator of Visa back when it was called BankAmericard nationally (they used the name for a few years for their cards) chose to go with Visa so they converted their MC accounts to visa etc.
MBNA still has both and so do a few other banks but for the most part it is now one or the other although most banks in the US will still take either for cash advances....
For years in the US, many banks offered both MC and Visa. As a matter of fact, in some cases, you got both a MC and a Visa for the same account...
There were all sorts of price fixing suits and collusions suits brought against the 2 card companies because of this and so each began to try to establish they were 2 separate entities.
B;anks, therefore, began to choose one or the other but not both. Citibank decided it had a better deal with MC so they converted their Citibank Visa cards to MC,, Chase the same. Bank of America which was the originator of Visa back when it was called BankAmericard nationally (they used the name for a few years for their cards) chose to go with Visa so they converted their MC accounts to visa etc.
MBNA still has both and so do a few other banks but for the most part it is now one or the other although most banks in the US will still take either for cash advances....
Jan 28th, 2005, 05:42 AM
#33
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One comment on what xyz said above. A year or so ago, Citibank sent my partner who has had an AAdvantage Citibank Visa for years a new card -- it was a Master Card. That's what I have. We called Citibank, and they resent him a new card -- this time in Visa. Citibank does both, but they may have been trying to "push" the MC cards.
Jan 28th, 2005, 08:00 AM
#34
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A lot of the confusion here is because Capital One has two different miles cards. I got this clarified when I booked my flight to Italy last November.
The Go Miles card lets you use a certain number of miles to pay for each hundred dollars of the ticket price, so you would use fewer miles for a cheaper ticket.
The other card is the Miles One Rewards card, which is the one I have. It has the $19 annual fee. For a European ticket, it costs you 50,000 miles and that covers any ticket with a price up to $1,000. No open jaws. However, an apparently little-known fact is that for $25, you can get an open-jaw flight, but the 50,000 miles now only covers $867 instead of $1,000. The flight I wanted was $877, so I paid the extra $10 plus the $25 to get the open-jaw flight.
The big advantage is that you can choose whatever flight you want (as long as it's on a US-based airline) and they book it for you. Also, there is no limit of a certain number of seats per flight for tickets bought with miles like there is for the airline's own frequent flyer miles.
The Go Miles card lets you use a certain number of miles to pay for each hundred dollars of the ticket price, so you would use fewer miles for a cheaper ticket.
The other card is the Miles One Rewards card, which is the one I have. It has the $19 annual fee. For a European ticket, it costs you 50,000 miles and that covers any ticket with a price up to $1,000. No open jaws. However, an apparently little-known fact is that for $25, you can get an open-jaw flight, but the 50,000 miles now only covers $867 instead of $1,000. The flight I wanted was $877, so I paid the extra $10 plus the $25 to get the open-jaw flight.
The big advantage is that you can choose whatever flight you want (as long as it's on a US-based airline) and they book it for you. Also, there is no limit of a certain number of seats per flight for tickets bought with miles like there is for the airline's own frequent flyer miles.
Jan 28th, 2005, 09:00 AM
#35
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SusanP, one question. Is it still true that you can't combine those miles with other sources? In other words if you already have 30,000 miles with AA, can you claim a 50,000 mile award with just 20,000 on your Capital One card?
And at one time, someone posted that SOME types of Capital One cards DO charge an extra 2% conversion fee for foreign transactions. Is that true or not?
And at one time, someone posted that SOME types of Capital One cards DO charge an extra 2% conversion fee for foreign transactions. Is that true or not?
Jan 28th, 2005, 10:33 AM
#37
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Another card to look at is the Bank One Value Miles Visa.
No annual fee
No blackout dates
$1.00=1mile
25,000 miles = one 48 state ticket up to $400.00
35,000 miles = Hawaii,Alaska, Mexico, Canada or the Caribbean up to $600.00
50,000 miles = Europe from the lower 48 up to $800.00
60,000 = Asia,South America up to $1,000
75,000 = Anywhere else in the world up to $1,200.00
Three caveats:
Your miles start to expire three years after you have earned them.
You cannot earn more than 4,000 miles in a month.
They use a two cycle finance charge method so you get hosed if you don't pay of the bill every month.
No annual fee
No blackout dates
$1.00=1mile
25,000 miles = one 48 state ticket up to $400.00
35,000 miles = Hawaii,Alaska, Mexico, Canada or the Caribbean up to $600.00
50,000 miles = Europe from the lower 48 up to $800.00
60,000 = Asia,South America up to $1,000
75,000 = Anywhere else in the world up to $1,200.00
Three caveats:
Your miles start to expire three years after you have earned them.
You cannot earn more than 4,000 miles in a month.
They use a two cycle finance charge method so you get hosed if you don't pay of the bill every month.
Jan 28th, 2005, 02:06 PM
#38
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Patrick, I'm not positive about combining the miles with another frequent flyer program, as I wasn't trying to do that, but I don't think you can do that.
My Capitol One Miles One Reward Card does not charge an extra 2% for foreign transactions. I can't say whether that's true of the Go Miles version.
My Capitol One Miles One Reward Card does not charge an extra 2% for foreign transactions. I can't say whether that's true of the Go Miles version.
Jan 28th, 2005, 06:39 PM
#39
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Now grandmère, why have you started sometimes posting as grandmère1? I thought someone else was trying to steal your screen name until I came across this thread where you are using both. Shame on you for throwing me off track like that! LOL!
Jan 28th, 2005, 07:03 PM
#40
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Crepes, we got a new provider got pc at home, and when I went to post, Fodors asked me to register. I assumed I had to use a different name, so I just added the "1", since I am grand-mere to one little girl!
So grandmere by day at work, grandmere1 in the evening!
Did I read that you are going to France again this spring?
So grandmere by day at work, grandmere1 in the evening!
Did I read that you are going to France again this spring?
