Jul 27, 2007
Are the credit cards issued by Capital One (of Salt Lake City, Utah) the best for travelers?
Call me naive, but I'm impressed by the features relating to travel in the Capital One credit cards marketed all over the country by Capital One of Salt Lake City. At a time when nearly every issuer of Visas and Mastercards is taking a 2% chunk of every transaction for which you use the card overseas to make a foreign currency purchase (Visa and Mastercard take 1%, to which the bank issuer adds 2%, even though those banks perform no service at all), Capital One makes a point of revealing that it charges no "foreign transaction fee." In other words, it doesn't charge the 2%!
Beyond that, Capital One awards you a mile of frequent flyer privileges for every dollar you spend using the card -- and those miles are yours for the life of the account; they never expire as long you use the card. And finally, all the interest and other terms of the card seem highly competitive, indeed advantageous, and you have no membership fee to pay. You obtain a Capital One card by writing to: Capital One Card Center, P.O. Box 30284, Salt Lake City, UT 84130-9842.
Have I overlooked something? Is there a "small print" exception I've missed? If any of the users of this blog have experience with a Capital One card, I'd very much appreciate hearing from them (by simply posting a response to this post).
Write and read comments about this post.
Beyond that, Capital One awards you a mile of frequent flyer privileges for every dollar you spend using the card -- and those miles are yours for the life of the account; they never expire as long you use the card. And finally, all the interest and other terms of the card seem highly competitive, indeed advantageous, and you have no membership fee to pay. You obtain a Capital One card by writing to: Capital One Card Center, P.O. Box 30284, Salt Lake City, UT 84130-9842.
Have I overlooked something? Is there a "small print" exception I've missed? If any of the users of this blog have experience with a Capital One card, I'd very much appreciate hearing from them (by simply posting a response to this post).
Write and read comments about this post.
Labels: money
Fifty years ago, 
Arthur Frommer is generally acknowledged to be the nation's foremost travel authority. He is the founder of the
