Capital One Bank Visa Card
Rate threatened to rise to 29.4% after two payments three days late

Business & Finance

I was - (until today) a Capital One Visa card holder since 1994.

Never paid 'minimum', never late and my credit score in above 800.

Today I received a notice that if they receive 2 payment 3 days late, then the interest rate goes to 29.4%, or higher depending on prime.

I can get ripped off less by the local loan shark.

Send payments registered mail; I don't think so.

If you get a nice blue "information about your account"; make sure that you READ it. Then transfer any Capital One balance to a reasonable Credit Card and kiss Capital One goodbye!!


Company: Capital One Bank Visa Card
Country: USA
State: Utah
City: Salt Lake City
Address: P.O. Box 30285
  <     >  

RELATED COMPLAINTS

GE Capital Cons Cardco
No Grace Period, Late Payment Fee, Interest Rate is Over Prime Plus

Capital 1 Bank
Capital 1 Financial Corporation Loan Shark Credit Card Interest Rates for Long-Term Custome

Capital One
Request to Lower APR and Annual Fee Denied Despite Good History

Capital One Visa - Kmart Visa
Payments on two unused cards mostly absorbed by finance charges

GE Capital Consumer Card
Interest Rate Not Lowered and Balance Transfer Check Lost

First Capital Consumers Group
First Capital Consumer Group is a deceptive consumer rip-off fraud company fraud, Ontario

Capital One
Interest rate jump from 5.9% to over 14% after years of promise