Capital One Credit Card Statement

Guest: hdporter
Credit Expert (100+ Posts)
Post subject: Capital One Credit Card Statement
Posted: Thu Oct 05, 2006 11:49 am

My wife's Cap One a/c has been pretty much inactive this last year (a couple of charges, PIF, at most).

A "0" balance statement arrives today with the following notice:

Important Account Information

Beginning October 1st, 2006, based on your account activity you may be assessed more than two late, overlimit, or returned check fees that occur during any billing period


Uh ... are they saying that up til now, if I paid late, then that payment bounced, and as a consequence her account went over limit they'd let us off with one of these transgressions free?? RIGHT!

Are they high? (Or am I just not interpreting this correctly?)

- Harry

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Guest: Evilbunny
Posted: Thu Oct 05, 2006 12:18 pm

I got the same notice..

I just read my CMA from Cap1, and it never stated that they would limit it to 2 fees in one billing cycle before..

but i guess they did, and this means they can charge more than 2 fees per cycle.. i guess.. *shrug*

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