Originally Posted by
sdflyer04
My question is whether Capital One makes back the 1% in the exchange rate?
I've found CapOne uses an exchange rate extremely close to the average interbank rate on the day of the charge. For example, on Saturday I charged 17,400 Hungarian Forints to my CapOne card. The effective rate I got from CapitalOne was 194.696 HUF/USD, which is less than 0.25% off of the average interbank rate of 194.996 the day of the charge, according to Oanda.com. Given that Oanda lists the hi/lo exchange rates for that day as 195.09/193.21, I'd say CapOne treated me just fine.
Their customer service does suck, though.