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  • Report:  #428015

Complaint Review: Capital One Bank Credit Card - Charlotte North Carolina

Reported By:
- Williamstown, New Jersey,
Submitted:
Updated:

Capital One Bank Credit Card
PO Box 70884 Charlotte, 28272 North Carolina, U.S.A.
Phone:
800-903-3637
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I just received in the mail a notice that Capital One credit card interest rate is being raised to 29.4% , April, 2009. I am never late on my payments. They charge a yearly fee also.. This is criminal that these Banks/Credit Card companies can do this to their good customers after they received Government Bailout Funds from the Taxpayers of America. I am sick of the Corporate Greed in this country and upset that the banks and credit card companies are GETTING AWAY WITH IT!!!

Irate customer

Williamstown, New Jersey

U.S.A.


1 Updates & Rebuttals

Facts Facts Facts

Boerne,
Texas,
U.S.A.
Economy effects your interest rate.....

#2UPDATE Employee

Wed, February 25, 2009

Although I do agree that getting your interest rate raised for no apparent reason sucks but there is a method to the madness here. As we all know the economy isn't at its best right now and capital one is not raising your rate because you missed a payment or went over it is directly connected to the industry you work in. Basically if your in real estate there more of a chance that you will lose your source of income so they are at more risk of charging off the account. It's nothing personal.

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