Credit card -- Fees or interest -- Complaint #8999395

Complaint Overview

Complaint ID: 8999395

Company: PNC Bank N.A.

Product: Credit card

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

Issue: Fees or interest

Sub-Issue: Problem with fees

State: New Jersey

ZIP Code: 070XX

Date Received: 2024-05-13T12:00:00-05:00

Date Sent to Company: 2024-05-13T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Hello, I took a XXXX XXXX of {$3300.00} on XX/XX/year> to deal with a temporary liquidity situation and repaid it in FULL on XX/XX/year>. On XX/XX/year> I saw a XXXX XXXX Fee of {$160.00} even though the website only talks of 27.24 % APR rate. I was shocked at this rate as this implies a Simple Interest Rate of 1825 % p.a When I spoke to the customer agent, I was told that they could not reverse the charge as it was a standard fee of 5 % for any cash advance. I find this rate/ fees eggregious and therefore resorting to a complaint with CFPB. On a different note, their website makes it extremely difficult to lodge complaints and requires us to call to dispute any charges. I hope my complaints can be addressed. Thanks XXXX

Frequently Asked Questions

What is Complaint #8999395 about?

Complaint #8999395 was filed against PNC Bank N.A. regarding Credit card specifically about Fees or interest. It was received by the CFPB on 2024-05-13T12:00:00-05:00.

How did PNC Bank N.A. 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 PNC Bank N.A.?

Yes, visit the PNC Bank N.A. company profile at readthecomplaint.com/company/pnc-bank-n-a 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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