2008 VIP
mrkstvns
Austin, TX

Capital One MUCHO Hassles Card -- Get It Outta YOUR Wallet!

1 star rating

paying cash, livin' la vida loca
Cons
    HIGH interest rate, changing terms, FEES, fees outrageous, cut throat tactics., annual fee

MAY
26
2009

Capital One recently sent announcements to even their best customers with perfect payment on-time payment records that rates were going up. For a long time, Capital One offered fair interest rates like 9.9%. They decided a few months ago to jump those to 26% or more.

Of course they're sending a message to their long-time customers that they don't really want to be in the credit card business, so of course I called immediately to reject the change in terms and permanently close my account.

Sky-high interest rates are a hassle that nobody deserves.

Got other accounts with Capital One??  Why not close those out too!?!?! A sleazy bank is a sleazy bank....



I_thumb_down Capital One - All Credit Cards is not recommended by mrkstvns

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I_comment_shdw24 Comments about mrkstvns’s Review

 


njchicaa wrote on May 31, 2009 at 5:50PM

thanks for the heads-up. I will be sure to tell my husband to cancel my account! I opened it years ago to help re-establish good credit. It is over 700 now, so I don't need to deal with a 26% interest rate!

MikeMaroon wrote on May 27, 2009 at 12:32AM

They've all turned sleazy lately in an attempt to bail their sorry butts out of the jam they got themselves into. Too bad.