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Dirty Tricks

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dirty tricks

Capital One Won't Really Close Your Credit Card, Will Secretly Continue To Bill You

When Capital One "closes" your credit card account, they'll continue to allow automatic withdrawals even though the account is closed. But they won't send you a statement—you know, because it's closed!—so that you'll end up with late fees. Quenten experienced this first hand when he closed his account recently, and now Capital One has sent his account to collections over a $38.00 late fee for two 38-cent charges that he never knew about. More »

2:08 PM on Tue Feb 5 2008
By Chris Walters
7,159 views, 35 comments

Latest by n/a: I just had this exact same experience! I closed my CapitalOne account in February with a balance transfer to another bank (after CapitalOne raised my interest rate from 8.9% to 14% without telling me...). I'm also on paperless billing so more »