tag:blogger.com,1999:blog-5567222250141872386.post7943663615099016774..comments2011-08-31T10:33:53.475-04:00Maryhttp://www.blogger.com/profile/00435766515785509966noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5567222250141872386.post-47949696308233139622011-08-29T12:39:56.123-04:002011-08-29T12:39:56.123-04:00Capital One, they contend, is simply aiming to maximize fee income from debtors who may be less sophisticated and who may not have many options because of their credit history. By offering several cards with low limits, instead of one with a larger limit, the odds are increased that cardholders will exceed their limits, garnering over-limit fees. Capital One's banking division is a relatively superior franchise, and most of its income is from the U.S. I think that once Capital One turns the corner and gets back on a growth track, the market will reward it with a much richer multiple.Marks Spencehttp://bestcreditcardsoffers.biznoreply@blogger.com