Credit card -- Fees or interest -- Complaint #8278797

Complaint Overview

Complaint ID: 8278797

Company: Capital One Financial Corporation

Product: Credit card

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

Issue: Fees or interest

Sub-Issue: Charged too much interest

State: California

ZIP Code: 90404

Date Received: 2024-02-03T12:00:00-05:00

Date Sent to Company: 2024-02-03T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Capital One offered me a XXXX credit card with a 0 % introductory APR rate on all purchases until XXXX ( as long as I paid the monthly minimum balance on time ). I paid the minimum monthly balance on time every month and I paid off my entire account balance the day before the XXXX % APR expiration date, yet Capital One still charged me interest on my account. My XXXX XXXX monthly statement stated that a minimum payment of {$92.00} was required on XXXX. I paid {$300.00} on XXXX. I then paid off the entire card balance of {$8900.00} on XXXX : one day before the promotional APR % expiration date. My XXXX statement balance was {$960.00} and was due on XXXX. I paid the entire balance of {$960.00} on XXXX. A {$16.00} interest charge appeared on my XX/XX/2024 statement. When I called Capital One they told me that my XXXX payment was late. As I have indicated above... that is not true.

Frequently Asked Questions

What is Complaint #8278797 about?

Complaint #8278797 was filed against Capital One Financial Corporation regarding Credit card specifically about Fees or interest. It was received by the CFPB on 2024-02-03T12:00:00-05:00.

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) 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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