October 2, 2008
Credit-Card Company Waives Fee on Donations
The Capital One Financial Corporation will cover the transaction costs for charitable gifts that its credit-card holders make through the company's new giving site, allowing the total amount donated to go to the donor's chosen charity.
Typically, when contributors use credit cards to make their gifts, up to 5 percent of the amount goes toward covering transaction costs.
The new giving site is a partnership between Capital One and Network for Good, an organization in Bethesda,
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