- Platinum Member
- Posts: 57
- Joined: Mon Apr 12, 2010 4:04 am
- Location: Kansas
I'd say go with your Capital One plan. They have several options with no foreign transaction fee. You'll have to decide if you are more interested in cash back or miles rewards; since you are traveling a lot I'd say go for miles. However, most of the ones that offer miles might need more credit history than you have. You might be more likely to be approved for a No Hassle Cashback card. You'll probably have to wait a few years to qualify for any Amex except for the Zync, which has a 2.7% foreign transaction fee and a really screwy rewards system.
If you wait it out and do get the Platinum in a few years, it has no foreign transaction fee, and travel perks up the yin-yang, but it also has a $450 annual fee so that may or may not negate the foreign transaction fee advantage, depending on how much you spend. Since you are worried about foreign fees, I assume you will be doing a lot of international travel, and to be honest I don't think AmEx is accepted as widely worldwide as Visa or MasterCard. (help me out here fellas if you have any input on that)
Bottom line: Start out with a Capital One No Hassle, maybe upgrade in the future to a Capital One VentureOne Rewards, then you'll have to make your own decision on the AmEx when the time comes.