• Report: #870612

Complaint Review: Capital One

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  • Submitted: Wed, April 18, 2012
  • Updated: Wed, April 18, 2012

  • Reported By: Tommi — Oakland California United States of America
Capital One
Internet United States of America

Capital One Capital One, ripoff artists Internet

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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.

This report was posted on Ripoff Report on 04/18/2012 07:43 PM and is a permanent record located here: http://www.ripoffreport.com/r/Capital-One/internet/Capital-One-Capital-One-ripoff-artists-Internet-870612. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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