Do Capital One charge for a postive balance?

willstewart

Going to pay the remainder of my balance off this morning which will leave the card at £0 until next month when they add the last bit of interest. As this is going to be a few pence, and the minimum payment is £5 I believe, by clearing the card then, I will have a postive balance of £4.xx.
So are they fine with this or will they kindly charge me £12 or whatever due to this?

cse

The minimum payment will never be more than your outstanding balance. If you have a couple of pence left on your account next month that will be all you're asked to pay. And no, there is no charge for having a positive balance with them

YorkshireBoy

willstewart wrote: »

Going to pay the remainder of my balance off this morning which will leave the card at £0 until next month when they add the last bit of interest.

Why not overpay and create a small positive balance now? That way you'll stop the trailing, or residual, interest.

Better in your pocket surely?

Mrs_Ryan

As ex Cap 1 staff, I have seen positive balances and no they dont charge.

HTH x

naijapower

Thats true. I have checked this last year and they dont charge.
But then it may have changed ....

exel1966

I've had a positive balance of £0.01 on my Cap1 card for a few months and no charges have been forthcoming.
I'm saving that penny for a rainy day !