Answer: -Capital One disclosed on the application that there was no annual fee. They charge an annual fee, and tell you it is disclosed on the statement. They also do several inquiries to your credit report to maintain their records and review your current credit status. Some of these appear as "hard" inquiries and lower your credit score. There are better deals out there with honest banks. I have a Capital One card, but hate that they lied to me. -I only use Capital One and I am very happy. My APR is fair, customer service has been awesome and easy to understand. -Yes. I had. The Annual Percentage rate is really high, but I had a low paying job, so now I regret closing the account because my sister is almost finished paying off her balance. -I have a Capital One...because there are the only credit card that doesn't charge fees if you use it overseas, but there do not report the right kind of figures to the credit bureau...that the difference...but if you have already good credit its no problem... -I would NEVER get a Capital One card again!!! They are the worst! I hate their stupid commercials everytime I see them, because that company is so full of BS! They will do whatever underhanded, sneaky thing they have to do to destroy your credit rating and cause you outrageous fees!! If you want to keep your credit score high, then pass them up. Ever heard of too good to be true?