Papakeith

COTT Champ Emeritus
Damn Yankees
Aug 31, 2000
6,684
40
RI
OMFG!

Did anyone else get a notice in the mail recently from Capital One?

The notice I got said that they are bumping their rates (supposedly across the board). My new rate would be 15.9% as of some date in September.

15.9%!!!!!! Are you kidding me?!!! I haven't had double digit interest on a card since my early 20's.

buh bye C-1
 

RM_guy

Moderator
Damn Yankees
LIFETIME SPONSOR
Nov 21, 2000
6,959
183
North East USA
Well Keith, they have to do something to keep those cool commercials on TV ;)

I pay my card down to zero every month too. I haven't paid interest on a credit card for over 25 years :)
 

Papakeith

COTT Champ Emeritus
Damn Yankees
Aug 31, 2000
6,684
40
RI
I carry a balance, but we carry it on a 0% card. I just get miffed at a rate hike whose rational is, "cause we wanna".
 

Patman

Pantless Wonder
LIFETIME SPONSOR
Dec 26, 1999
19,774
0
That's the beauty of having choices. They have the choice to bump their rate for carried balances and you have the choice to pay it or find another company that offers a lower rate. I choose AmEx and will have the low interest balance on another card gone soon.
 

bsmith

Wise master of the mistic
LIFETIME SPONSOR
Jun 28, 2001
1,782
0
Same thing Chase did. I had the same card at 6.9% fixed for 8 years and they closed it out and re-opened at 14.9% adjustable.

fook Chase and Fook Capital one to!

I opened an Advanta card and so for they have been great, and Customer service speaks English;-)
 
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