Checking or savings account -- Managing an account -- Complaint #4543156

Complaint Overview

Complaint ID: 4543156

Company: Capital One Financial Corporation

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Rhode Island

ZIP Code: 028XX

Date Received: 2021-07-14T12:00:00-05:00

Date Sent to Company: 2021-07-14T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Hello I am writing in regards to my capital one checking account I recently open this account on XX/XX/XXXX and when I did I funded it with two {$25.00} deposits from my current checking account via ACH in this transaction is still yet to post into my checking account. I check it every day and each day I check it it still shows as processing or pending in the savings account does not even show the {$25.00} ACH anymore. I have confirmed with my current bank that the funds have left their institution. I called capital one three times to try and resolve this the first time I was told that I needed to verify two deposits that were made into my current checking account one was in the amount of {$.00} and the second was in the amount of {$.00} I verified the deposits over the phone with the representative I was speaking with and she told me that the funds with now post into my account within 1 to 3 business days. Its been three business days since that phone call so yesterday I called and spoke to a representative her name was XXXX and asked where my deposit was and she said that she could not see the deposit at all. I again told her I can see it on my end its worrisome that you can not see it in yours. At that point I requested to speak with a supervisor or manager and she stated to me that her name again was XXXX and she was actually a supervisor on duty. Again this is very concerning to me as myself being a consumer and having access to my app and being able to view the deposit is processing and her being a supervisor within the financial institution supposedly posting this transaction who is unable to locate it. I have also sent emails to the executive office I have tried reaching out to their CEO and their chair people and no one has responded to my emails. I did advise in my email that if no one made contact with me I would be pursuing a complaint with their regulators and still no one had the courtesy to reach out. I know the deposit is only {$25.00} but the fact that no one can find it is alarming because I have my direct deposit set to go into these accounts I also wanted to have a relationship with the company that I have credit cards with thinking it would be best. But I am now questioning my decision.

Frequently Asked Questions

What is Complaint #4543156 about?

Complaint #4543156 was filed against Capital One Financial Corporation regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2021-07-14T12:00:00-05:00.

How did Capital One Financial Corporation respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Capital One Financial Corporation?

Yes, visit the Capital One Financial Corporation company profile at readthecomplaint.com/company/capital-one-financial-corporation to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

Related Pages