Originally Posted by drbond
It's not free on Capital One, it is just not disclosed seperately as a line item.
See my
post #676. I recently got rates better than the interbank rate in effect on the day of the transaction (probably due to a more advantageous rate in effect when the charge was processed). I saw no evidence of any plus-up in the fee, and certainly nothing on the order of 1%.
Plus, I thought that non-disclosure of exchange fees was the whole point of the class action lawsuit that originated the recent disclosure changes.