We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

capital one credit card interest rates hike

my wife and i both received letters today telling us that due to the current financial crisis they are putting our rate up to 39%+. anyone else got these?

Comments

  • bingy_burge
    bingy_burge Posts: 618 Forumite
    edited 19 October 2009 at 8:34PM
    There are several threads about this if u read the board.

    If your using the cap 1 classic card to borrow money you want your bumps felt quite honestly mine is cleared in full each month.
  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    Welcome to MSE!

    If you don't always pay off your balance each month, you were already forking out quite a bit of interest unnecessarily. If this latest interest rate rise spurs you to tackle that, Capital One has done you a favour, IMO.

    More discussion here:

    http://forums.moneysavingexpert.com/showthread.html?t=2019699
    People who don't know their rights, don't actually have those rights.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.