MikeB Posted August 28, 2013 Posted August 28, 2013 In my research I found Capital One had some of the best exchange rates with no additional fees. That is where most other cards get you. For the last 17 years I have used credit cards like they were cash, paying off the balance in full each month. I use the Capital One card for convenience so I don't have to use as much cash. I have a US address so I have no concern they will cut me off. Why would they do that, they make money off of my use of their card. Again, Cap 1 doesn't set the rate, Visa/MC does. I don't know about credit cards but if they find out you are residing full time in the Philippines they will freeze and close your savings and checking accounts.There is little or no legal recourse to collect a debt from someone overseas and places like the Philippines are rife with fraud. Unless you have a few million in one of their low interest accts you are a liability. Even if you have a US address, if they see you have years of withdrawals only from the Philippines you're not going to win the argument. 1 Link to comment Share on other sites More sharing options...
earthdome Posted August 29, 2013 Posted August 29, 2013 It is the additional fees credit cards stack on for foreign transactions that cost you. Capital One does not have any additional fees on foreign transactions. That is why they are one of the best credit cards to use for foreign travel. I have multiple cards. If at some future time Capital One doesn't want my business. That is their choice. I will use my fallback card and search out some other vendor to replace Capital One. Link to comment Share on other sites More sharing options...
MikeB Posted August 29, 2013 Posted August 29, 2013 I think we're talking about 2 different things and that's my fault because the topic is credit cards. I have a Cap 1 credit card that I rarely use because I try to do everything by cash (when in Rome). I also had (past tense) a Cap 1 savings acct and a checking acct ATM debit cards. I used these cards for almost all withdrawals. They froze and closed both these accts (not the credit card) with no notice or attempt to contact me. It took several phone calls to even reach someone who could tell me what MAY have happened. Because I had 2 automatic direct deposits going into one of these accts it was a big problem. I came out of this experience with 2 lessons: 1) They can do whatever the hell they want, 2) Except for the Philippines, Capital One has the worst customer service of any organization or entity I have ever dealt with. 1 Link to comment Share on other sites More sharing options...
earthdome Posted August 29, 2013 Posted August 29, 2013 The one time I needed to contact Capital One my call was routed to a call center in the Philippines and I had good service. (It was a simple request to authorize transactions outside the US) 1 Link to comment Share on other sites More sharing options...
russellmania Posted August 29, 2013 Posted August 29, 2013 Even if Capitol One paid me back $20 bucks a purchase, I would tell them to shove it where the sun doesn't shine and take a hike simply out of disdan and downright loathing of those stupid commericals with the idiot Alec Baldwin. What a fag!! What's in your wallet?......go kiss my azz :th_thbestpost: Wow guy,,you upset huh!! Capitol One is ok by me,because I use Cap 1 card for all my purchases and I have accumulated over 130k worth of travel points. I recently purchase my RT ticket from Lax to Mnl for $922.00 and it will be free for me because I will use my miles points to pay for it. 2 Link to comment Share on other sites More sharing options...
OnMyWay Posted August 29, 2013 Author Posted August 29, 2013 Even if Capitol One paid me back $20 bucks a purchase, I would tell them to shove it where the sun doesn't shine and take a hike simply out of disdan and downright loathing of those stupid commericals with the idiot Alec Baldwin. What a fag!! What's in your wallet?......go kiss my azz :th_thbestpost: Wow guy,,you upset huh!! Capitol One is ok by me,because I use Cap 1 card for all my purchases and I have accumulated over 130k worth of travel points. I recently purchase my RT ticket from Lax to Mnl for $922.00 and it will be free for me because I will use my miles points to pay for it. Yes, I have bee fairly happy with my Cap One card too. I have not had any serious customer service issues and I have had the card over 10 years. In 2008 a fraud specialist thought I was a crook and was fairly rude to me, but I can live with that. Better that they area aggressive on fraud. It took me a month or so to get a new card in Germany, and they credited my account for a few thousand in fraudulent purchases. To this day I don't know how the crooks got my number and used it in the US, while I was in Germany. However, I have to agree about Alec Baldwin! What an idiot! He and some of the left wing Saturday Night Live alumni making commercials for Capital One just tells me they will do anything for money. Link to comment Share on other sites More sharing options...
dalidali Posted August 29, 2013 Posted August 29, 2013 (edited) Even if Capitol One paid me back $20 bucks a purchase, I would tell them to shove it where the sun doesn't shine and take a hike simply out of disdan and downright loathing of those stupid commericals with the idiot Alec Baldwin. What a fag!! What's in your wallet?......go kiss my azz :th_thbestpost: Wow guy,,you upset huh!! Capitol One is ok by me,because I use Cap 1 card for all my purchases and I have accumulated over 130k worth of travel points. I recently purchase my RT ticket from Lax to Mnl for $922.00 and it will be free for me because I will use my miles points to pay for it. I had a CapOne card before. I ALWAYS pay the balance in full. The interest rate was 12.99% I believe. I was late ONE day.......the first time ever.....they charged me $35 bucks late fee and rose the interest rate to 21.99% despite a near 900 FICA score. I called them......they basically said "tough pal, you were late and that is our policy. I said horsesheet.....with a couple of key strokes you can make that late charge go away and put the interest rate back where it was. CapOne said no deal. Ok,,,,,,see ya!! as I cut the card into a zillion pieces. And those commercials.......good grief they are stupid...... Alec Baldwin is a jerk!!! Edited August 29, 2013 by dalidali Link to comment Share on other sites More sharing options...
russellmania Posted August 29, 2013 Posted August 29, 2013 (edited) Hahaha,,,well I was late once also because of returning to states from the Phils. I called Cap 1 customer service and explained to them what happened in a nice way. They waived the late fee with no problem. I don't carry a balance either. Why were you concern with their high interest rate if you paid in full every month? Edited August 29, 2013 by russellmania 1 Link to comment Share on other sites More sharing options...
i am bob Posted August 29, 2013 Posted August 29, 2013 (edited) There used to be a Call Center here where I live that did work for Cap 1. Yes, we all know people do not talk about their jobs and issues that arise when not at work... (Yeah, right... :) now that's funny!) Suffice to say I do not now nor will I ever get a Cap 1 card! Edited August 29, 2013 by I am bob Link to comment Share on other sites More sharing options...
dalidali Posted August 29, 2013 Posted August 29, 2013 Why were you concern with their high interest rate if you paid in full every month? Just like those idiot commericials and the idiot, racist Alec Baldwin.......out of principle. I refuse to support a company that insults my intelligence by using commericials only a cave man could love. Link to comment Share on other sites More sharing options...
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