Capital One Credit Cards
Raising interest rate even for customers in good standing

Business & Finance

I received a notice today stating that "Due to the changes in the economic environment" my interest rate will be raised to 17.9%.

I am a customer in good standing, pay on time, at least 3 to 4 times more than the minimum required payment. I've had this card for several years now and feel completely betrayed.

How much is Capital One asking from the government? Why are the customers being punished besides the greed of the company.

Is a Class Action Suit called for?

Let's hear it people. There are probably millions out there getting shafted just like me.


Company: Capital One Credit Cards
Country: USA
State: Virginia
City: Richmond
Phone: 8009033637
Site: capitalone.com
SUBMIT A COMPLAINT
  <     >  

RELATED COMPLAINTS

Capital One
Interest rate hike for customers in good standing with no late payments

JP Morgan Chase - Chase Credit Cards
Credit card rate jumped to 29.9% after WAMU takeover despite on-time payments

Capital One
Credit Protection Paid but Disability Form Never Sent

Capital One Bank Credit Card
Interest rate raised to 29.4% despite on-time payments

Capital One
APR Jumped From 9.9% to 17.64% After 10 Years

Capital One
APR raised above 22% and notice claimed mailed but never received

JPMorgan Chase And Company
Interest rate raised from 9.9% to 29.9% despite perfect record

Advanta Bank Small Business Credit Card
Advanta Credit Card Beware Of Advanta... Unexplained Interest Rate Increase To 31.99%! Something Needs To Be Done

Wamu Credit Card And J P Morgan Credit Card Co
Card Rates Raised After Takeover, Constant Collection Calls

HSBC GM Credit Card
Raised interest rate to 30% for no reason Carol Stream, Illinois

SUBMIT A COMPLAINT