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Charges for being over credit limit - Capital One
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littlemac168
Posts: 8 Forumite
in Credit cards
Hi
I am over my limit in my capital one credit card and I will not be able to pay this for another month.
What charges will they apply to me? And is it a one off charge? Or will they apply it a few times until its paid
I am over my limit in my capital one credit card and I will not be able to pay this for another month.
What charges will they apply to me? And is it a one off charge? Or will they apply it a few times until its paid
0
Comments
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An overlimit fee and a late fee if you don't make a payment.
You be charged this each month that it happens.0 -
If the overlimit is due to interest or charges then I don't believe they charge you for it. You just need to put it right before the next statement.
If it overlimit due to Purchases/Cash Advances then it you will get charged once a statement period and each subsequent one if you put your account in order.I have numerous qualifications in Business and Finance, Accountancy, Health and Safety and am now studying Law.
Don't rely on anything I write as it may be wrong!!!0
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