Money Tips: Do Capital One credit cards charge foreign conversion fees?

Posted On: April 1, 2006

Guest: BigDog
Post subject: Do Capital One credit cards charge foreign conversion fees?
Posted: Tue Mar 28, 2006 12:08 am

Yeap, Cap 1 is the only one I found that does not charge a fee.

A little info?
I travel allot in europe and if you going to travel to small towns.
Amex is just not going to cut it.

Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Tue Mar 28, 2006 8:22 pm

Wow, that’s excellent news. I had read conflicting reports - some saying that they absorbed the 1%, and others saying they didn’t. That’s good to know (although I’m still going to call and check with them when the time comes, just in case they happen to change their policy).

Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Thu Apr 20, 2006 4:52 pm

Update - I called Capital One today to verify… and YES… they do not charge a foreign currency conversion fee like other cards do.

Guest: Board Monitor
Board Monitor/ Administrator
Posted: Fri Apr 21, 2006 9:06 am

Nice. I’ve heard this will be changing, though. Please let us know if things change!
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Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314

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Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Fri Apr 21, 2006 10:21 am

No problem… they would have to send out one of those amendments to the cardmember agreement in order to make the change, so if I get one I’ll be sure to let everyone know on here.

Guest: Board Monitor
Board Monitor/ Administrator
Posted: Fri Apr 21, 2006 6:04 pm

Just called Cap One and they send the do absorb the 1% fee.
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314

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