Capital One is the biggest rip off credit card there is. They increased my interest rate (for what reason they will not say) - which pushed me over my credit limit, then they add an overlimit fee to the balance due - next they take the minimum payment due amount and set it so that even after making the payment they start the cycle over - add interest, then add overlimit fees. Due to a business situation I was in I had set certain cards up so that my finance manager paid the minimum due each month - it wasn't until I sat down a month ago and started going through all my statements that I found they had ripped me off this way for 14 months! What a racket, if I was to do this to my clients I would be jailed here in NJ. I hope that a good lawyer files a class action suit against these thieves. To date I have now refused to pay anything on this card until all fees are reversed or they take me to court. I doubt any sane judge would uphold their method of robbery.
Pete
New Milford, New Jersey
U.S.A.
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