Originally Posted by sy7
When did Capitol One start charging this? I'm not that surprised that they would add the 1% fee, especially since I thought the original start date for this was going to be 10/05. However, as of 1/06, there was no charge.
As far as I've been able to determine, CapitalOne is NOT charging the 1% fee on its Visa cards. I just got back from a week in Guatemala and Belize where I exclusively used my CapitalOne Cash Rewards Visa. I called them before the trip, and they confirmed that they do not pass on
any fees. All my transactions were indeed at or below the interbank rates for the day, and no line-item fees appeared on my final statement, either.
So it appears CapitalOne Visas are truly the best way to go overseas--assuming you can use a credit card without the merchant tacking on a service fee.