Capital One is out to trap you and take advantage of poor people AVOID THEM (Capital One)

Member Name: bill http://www.andoverhydroponics.co.uk

Product:	Capital One
Date:	23/01/07 (320 review reads)
Rating:

Advantages: Capital One CANNOT Advantage you only cause you problems AVOID THEM

Disadvantages: CAPITAL ONE ARE OUT TO TRAP YOU AND RUIN YOUR CREDIT SCORE

Not impressed, I applied for and recieved my card about 2 years ago, it started with a 200 quid limit an dafter about 7 months it sudenly went up to 800. I accidently went £2 over the limit and incurred an instant £14 charge, even though I had phoned them to tell them the mistake. It was on a weekend and they said there was no way I could pay them before it left my account to stop it going over the credit limit, as all payments take 4 DAYS to reach them at the soonest.
Well what apile of crap that is. Any other card and I would have been able to go into a bank and credit the card beofre it went over the limit. This is deliberate to encourage you to go over the limit and incure a charge. In fact it is a complete con.
People should be aware fo this as if you go over the limit you may damage your credit score and make it impossible to apply for a different credit card from another company.
People should also be aware that the internet is always behind with the statement, so any recent transactions will not show, you could easily go over the limit without realising, just like I did.
I have found the credit limit to be poor and have trouble keeping within it because it is so low. The lower the limit the easier it is to accidently go over it.
As soon as you do go over it, you disqualifiy yourself from a further credit increase, all these little problems are designed to keep you within Capital One and to keep you trapped.
All this and I pay off the complete amount ive spent before the due date.
My veiw is this, Capital One credit cards suck and there is only one good use for the card, do as I am going to do from now on.
Pay off the complete amount and throw the card on the fire after writting down all the details on the card. Keep the details safe in case of a problem.
Then your card will actually increase your credit score without risk. Month by month your limit will remain full and your credit score will increase month by month at Capital Ones expense.
Be wise and do not bother with them if you have not already applied.
In summery I think they are legal robbers out to trap you and willing to take advantage of people who are not very well off. I certainly would not recoment them to my worst enemy.
Bill from http://www.andoverhydroponics.co.uk

Summary: CAPITAL ONE ARE OUT TO TRAP YOU AND RUIN YOUR CREDIT SCORE