Credit Card Center Advertiser Disclosure†
03-16-2011 01:00 PM
I opened a capital one student visa cash rewards march of 2010 and I just got a notice that they will be increasing the APR from 22.9% to 23.9% I called and asked and they told me that 22.9% is a promotional offer. What a joke! I only use this card once a month and PIF but seriously what kind of a promotional offer is that? I've had the standard platinum mastercard since december of 2009 and no rate on that one. Capital One is a weird company
03-16-2011 02:39 PM
Insert "crappy" for "weird" and yes, I agree.
03-16-2011 08:29 PM - edited 03-16-2011 08:29 PM
When I opened my Student Visa from Cap 1 on October, my APR is 24.9%. I don't have a promotional rate.
03-17-2011 09:48 PM
I find that quite amusing. I looked at my statment from them recently. well my current rate is 22.9 and if i were to be late on a payment the rate ma be increased to the pentalty apr of 23,15 percent. lol
03-17-2011 11:53 PM
That's nice for you. For me my penalty APR is 29.9%
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.