Capital one is a credit card i would not suggest to open uless there are no other options available. I have been their customer for more than three years, always paying on time and never going over the credit limit. Out of the blue they have raised my APR from 8 percent to 17 a couple of months ago. They have justified their actions as an unfortunate but necessary measures . I do understand many credit card companies are raising APR's now due to hard economic times, however not more than double! It is a rip off! 

I have an account with bank of america, american express, chase and city...