Capital one say i'm liable for card usage after i have closed my account

Bark01

I had a capital one credit card but wasn't using so decided to close it due to high interest rate and lack of use.

I was told over the phone that the card would be cancelled in 2 weeks as long as it wasn't used, if it was used then it would remain open.

I have not used it and got a letter through yesterday stating my account had been closed.

Part of the letter stated that I would be liable for any use on the card after the date of closing! How can this be I've closed the account and have cut up the card so I won't be using it. How can I be liable for use after its closed, surely the card should now be refused if used?

ILW

Transactions can sometimes take 6 months to be processed and may come through, also any continuous payment authorities would still be paid out and you would be liable.

BenL

It is normal within the industry.

I closed my Sky Card/barclaycard last year then went to make a payment on e-bay with paypal this week. The Skycard was in the list and still default which i forgot about.

The payment has gone through and I expect Barclaycard will be re-activating my account.

Any continuous payments for car insurance, breakdown cover etc will also re-activate accounts.

Bark01

I can understand if I have brought something that hasn't been processed yet or if i have not cancelled a subscription.

One of the reasons for me closing it was to minimize any chance of fraud in my life. I don't have
any reasons to think any one has my details but its still a little concerning. Shouldn't my card be refused if i try to use it after it has been cancelled?

Moggles_2

I don't have any reasons to think anyone has my details but it's still a little concerning. Shouldn't my card be refused if i try to use it after it has been cancelled?

Yes, of course.

OTOH, cancellation of an account does not mean you're not liable for transactions which you authorised before closure.