The Only Four Reasons That I Still Have a Capital One Card:

Since last friday was a rant against Capital One, I only thought it fair to say some nice things about them - I was going to list ten, but I could only think of four:

4. No foreign currency transaction fees. They’re the only bank that I found so far that really doesn’t charge you foreign currency transaction fees.

3. Premium rebate on gas and [most] groceries. 2% is better than 1% and with a family of six, we do buy a lot of groceries and gas.

2. I get to pick my own picture to put on the card. Do I put a picture of my lovely wife or darling children on my card? No, I put my Suzuki VX-800 motorcycle on the front of my card!

1. Military Discounts. Just for being Active Duty Military they reduced my interest rate (purchases and cash advance) to 6%. There are no membership/annual fees, pay-by-phone fees, cash advance fees, past-due fees, over-the-credit-limit fees or returned payment fees. Any fees that I would have had amassed while on active duty would have been retroactively credited back to my account. And they reduced my monthly payment to 2% or $10 (the higher of the two) when the rest of the industry is raising theirs (although I think that has just been changed again by federal law).

As far as I see, that last one makes the Capital One card by far a better deal than USAA, Navy Federal or the Pentagon Federal Credit Union – which is a little sad.