Complaint Review: Capital One

Capital One credit cards are a ripoff. Apparently I didn't read the small print, but who ever heard of a credit card that ups your APR to 24% after six months at the introductory rate of 12% just because you don't pay your balance in full. I am talking paying off every cent, not just paying the minimum on time. I didn't realize it until I borrowed 14,000 for my business. Luckily I will be able to pay it off quickly, but most people are not in that position.

Also the mileage program is misleading. I had 15,000 miles so I thought I could easily get my daughter to Florida and back. It turns out that it was worth only $150.00, enough to get to Los Angeles and back.