Originally Posted by
craz
You are forgetting 1 thing, anyone can chose as I did to get the Cash Rewards cap1 CC, which throws me a 1% rebate. Thusly even the 1% that VISA charges isnt really charged to me since i get it back as the 1% Ca$h Rebate (actually its 1.25% if you leave it by Cap1 till 12/31
i believe you missed the point.
neither cap1 nor charles schwab pass through the 1% visa forex surcharge to their cardholders. both of these visa cards have 0% forex.
however, there is general consensus (and my personal experience certainly supports this) that cap1 is a lot of trouble to use overseas compared to the schwab visa. plus the schwab visa gives you 2% cash back (not just 1 or 1.25% as the cap1 does).