cancel
Showing results for 
Search instead for 
Did you mean: 

Cap One Business Cards & Interest......

tag
linux007969
Established Contributor

Cap One Business Cards & Interest......

So last cycle I paid my Spark Business card off just in time to avoid interest.

 

Fast forward to today, I check my account and saw there was a minimum interest charge of $0.50 so i call up and get a very nice rep in Portland, who i asked why I was charged interest, she took a look at my account and saw i did pay off my last balance completely so she went ahead and credited my account the $0.50 but she did note that with Business Cards they need to be paid off in full for 2 full months to avoid interest, but she was able to make an exception for me. She also put in the system not to charge me interest my next cycle, so i will be free and clear.

 

Just thought I would let you all know, that if you have a Promo APR, 2 months before it ends, start paying off your account in full as if it ended 2 months early and you will avoid seeing this interest that i had.

 

Just a warning for you guys! Smiley Wink


Rebuilding Credit since 2016
Debt: Almost $80,000
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Cap One Business Cards & Interest......

Thanks for sharingSmiley Wink...

Message 2 of 2
† Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.