The Capital One foreign transaction fee is $0 on all of its cards. This means you won’t be charged extra on transactions processed outside of the United States, whether it’s a purchase at a physical location in a foreign country, or an online transaction through an internationally-based merchant. That goes for every single Capital One credit card, from travel rewards cards to cash back cards.… read full answer
Good Capital One Credit Cards for International Purchases
Even though Capital One credit card foreign transaction fees are $0, there’s still one thing you need to watch out for: Dynamic Currency Conversion (DCC). Capital One doesn’t impose this on you, but they can’t protect you from it, either, unfortunately. Dynamic currency conversion is when a merchant charges you in U.S. dollars rather than the local currency and uses an exchange much higher than the actual going rate. So, make sure you pay in the local currency and refuse DCC at the point of sale, whenever a foreign merchant offers it.
As long as you avoid DCC, you won’t have to worry about extra charges when using a Capital One credit card abroad, or online with international merchants, thanks to your $0 Capital One foreign transaction fee.
The Capital One Quicksilver annual fee is $0. The combination of no annual fee and great cash back rewards on all purchases really helps the Capital One Quicksilver Card stand out from its competition. It’s not the only fee you need to worry about with the Capital One Quicksilver Cash Rewards Credit Card Card, though.
An annual fee is a charge common with high-tier rewards cards. Issuers apply the fee to a cardholder’s account once a year to help offset the cost of those perks. But Capital One Quicksilver still has a $0 annual fee despite its above-average earning rate. This card offers at least 1.5% on purchases.
When you compare Capital One Platinum Credit Card vs. Capital One QuicksilverOne for no credit, the main differences are that Capital One QuicksilverOne gives 1.5% cash back on all purchases and has a $39 annual fee. On the other hand, Capital One Platinum does not offer rewards and has a $0 annual fee. Other than that, Capital One QuicksilverOne vs. Capital One Platinum is a draw. Both cards are for people with limited. And both cards charge $0 foreign transaction fees.… read full answer
Capital One Platinum and Capital One QuicksilverOne are both great starter credit cards. They’re designed to help people with limited or no credit experience to build good credit scores inexpensively. Which of the two will be better for you depends on how much you plan to spend. Capital One QuicksilverOne is better if you plan to charge at least $2,600 a year ($216.67 per month) because that’s when the rewards will cover the cost of the annual fee. Capital One Platinum is preferable otherwise.
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