CapitalOne Visa / Master Card
Interest Rate Raised to 26.74% After One Late Payment

Business & Finance

I have been a customer of CapitalOne for approximately 7 years. My interest rate was under 10%. Evidently, CapitalOne - who has decreased the time given for payment receipt - did not receive a payment from me on the due date. My credit limit was raised from less than 10% to 26.74%!!! Even after I paid a late fee!!! When I called to complain and tell them to cancel my card, they offered me a lower rate, but still well above the original interest rate.

I have a confirmation code for the cancellation of my account, which is paid in full. I will never knowingly do business with capitalone ever again!!!


Company: CapitalOne Visa / Master Card
Country: USA
State: California
City: City of Industry
Address: POB 60024
Phone: 8009557070
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