Credit card or prepaid card -- Problem when making payments -- Complaint #4836001

Complaint Overview

Complaint ID: 4836001

Company: Capital One Financial Corporation

Product: Credit card or prepaid card

Sub-Product: General-purpose credit card or charge card

Issue: Problem when making payments

Sub-Issue: Problem during payment process

State: North Carolina

ZIP Code: 28411

Date Received: 2021-10-22T12:00:00-05:00

Date Sent to Company: 2021-10-22T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I made a {$300.00} payment to Capital One for my credit card on XX/XX/2021. Capital One took the money from my bank account but didnt apply it to my card. I called and asked what was going on and they said there is a 26 day hold on the payment. I asked why and they said they didnt know. They said that holds like this usually occur when a there has been a late payment, a returned payment or if the funds were paid using a new checking account. None of these apply to my case. Ive been a Capital One customer for 13 years and have never been late, nor have I ever had a returned payment. I pay my card off every month and have been using the same checking account for years. They could not provide a reason for the hold and I can not use my card now. They took my money and didnt provide a service I paid for. How is this even legal?

Frequently Asked Questions

What is Complaint #4836001 about?

Complaint #4836001 was filed against Capital One Financial Corporation regarding Credit card or prepaid card specifically about Problem when making payments. It was received by the CFPB on 2021-10-22T12:00:00-05:00.

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 (Credit card or prepaid card) 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.

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