Originally Posted by pgary
I called about getting a Capital One card for my upcomming trip to Europe in August and September. The rep told me that although the bank does not currently add a charge to its foreign currency conversions, it plans to in the near future, and it looks like it will be the same 3% everyone else is charging. Cardholders will be notified of change in terms and conditions by mail.
Sigh. I hope this is delayed until after September.
Greed runs rampant in the banking industry.
Seriously, I hope they don't change it. it seems like they are one of the few companies that don't charge the fee and I only use their card when travelling overseas. I had also called them recently and was told that they were planning to add a fee but that the rep didn't think it would be over 1% as forex fees weren't a main part of their revenue.